Editor’s Note -
The Supreme Court Halts Challenge by Retailers to the Debit Card Interchange Fee Rules: On January 20, 2015, the Supreme Court denied certiorari to a challenge by retailers to debit card interchange fee...more
1/22/2015
/ CFTC ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Debit Cards ,
Disclosure Requirements ,
Federal Reserve ,
Interchange Fees ,
Investment Adviser ,
National Futures Association ,
Proxy Season ,
Retailers ,
S&P ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Security-Based Swaps ,
Shareholder Proposals
Editor’s Note -
Rich Matheny Comments on New Format of OFAC Sanctions List: On January 5, OFAC announced the release of a new format of its Specially Designated Nationals and Blocked Persons (SDN) List. With the new...more
1/15/2015
/ Anti-Money Laundering ,
Broker-Dealer ,
FDIC ,
FinCEN ,
Industry Examinations ,
Investment Adviser ,
No-Action Relief ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Agenda ,
Sanctions ,
SDN List ,
Securities and Exchange Commission (SEC) ,
Security-Based Swaps ,
Transfer Agents
Editor’s Note:
Spotlight on the Credit Risk Retention Rule: The OCC, Federal Reserve Board, FDIC, SEC, FHFA and HUD announced the adoption of a joint final rule (the Rule) to implement the credit risk retention...more
12/31/2014
/ Asset-Backed Securities ,
Banking Sector ,
Banks ,
Dodd-Frank ,
Enforcement Actions ,
Final Rules ,
Investment Adviser ,
OCIE ,
Prudential Regulation Authority (PRA) ,
Risk Retention ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
Regulatory Developments -
SEC Proposes Changes to Exchange Act Registration Requirements to Implement JOBS Act Mandates -
The SEC announced that it is proposing rule amendments under the Securities Exchange Act...more
12/24/2014
/ Asset Management ,
Bitcoin ,
BitLicense ,
CPOs ,
Employee Retirement Income Security Act (ERISA) ,
European Securities and Markets Authority (ESMA) ,
Federal Reserve ,
Financial Industry Regulatory Authority (FINRA) ,
FinCEN ,
FSOC ,
Investment Adviser ,
JOBS Act ,
MiFID ,
NFA ,
Proposed Amendments ,
Registration ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Volcker Rule ,
Year-End Planning
The SEC’s Semiannual Regulatory Agenda. The Federal Office of Information and Regulatory Affairs posted the SEC’s most recent Semiannual Regulatory Agenda which, in compliance with the Regulatory Flexibility Act, identifies...more
12/5/2014
/ Administrative Hearings ,
Brokers ,
CFTC ,
CPOs ,
Cross-Border Transactions ,
Disgorgement ,
HSBC ,
Investment Adviser ,
Prejudgment Interest ,
Regulatory Agenda ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Small Business
FINRA Requests Comment on Proposed “Pay-to-Play” Rule -
FINRA issued Regulatory Notice 14-50 requesting comment on proposed “pay-to-play” and related rules that would regulate in a manner similar to Rule 206(4)-5 under...more
11/20/2014
/ Alternative Mutual Funds ,
Anti-Money Laundering ,
Civil Monetary Penalty ,
Crowdfunding ,
Dodd-Frank ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Pay-To-Play ,
Proposed Regulation ,
Retroactivity ,
Securities and Exchange Commission (SEC) ,
Settlement ,
U.S. Treasury ,
Unregistered Securities ,
Variable Insurance
Spotlight on the MSRB: In the Industry Developments section we report that the SEC, FINRA and the MSRB will be conducting a compliance outreach program for municipal advisors. The Municipal Securities Rulemaking Board was...more
10/9/2014
/ CARDS ,
CPOs ,
ETFs ,
Financial Industry Regulatory Authority (FINRA) ,
Herbalife ,
Insider Trading ,
Investment Adviser ,
Municipal Advisers ,
NFA ,
Pay-To-Play ,
Public Comment ,
Securities and Exchange Commission (SEC)