BROKER-DEALER -
SEC Chairman Clayton Provides Public Statement Regulation Best Interest and Form CRS -
On June 15, Securities and Exchange Commission Chairman Jay Clayton made a public statement (Statement) covering...more
BROKER-DEALER -
FINRA Expands Transparency Initiative Related to OTC Equity Trading Volume -
The Financial Industry Regulatory Authority (FINRA) previously announced an expansion to its ongoing transparency initiative...more
12/9/2019
/ Banking Sector ,
Broker-Dealer ,
CFTC ,
Cross-Border Transactions ,
Derivatives ,
European Securities and Markets Authority (ESMA) ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Management ,
MiFID II ,
NFA ,
Securities and Exchange Commission (SEC)
BROKER-DEALER -
SEC Approves New Supplement to Options Disclosure Document -
On November 9, the Securities and Exchange Commission approved a new supplement (Supplement) to the Characteristics & Risks of Standardized...more
11/19/2018
/ Amended Rules ,
Broker-Dealer ,
Cryptocurrency ,
Digital Assets ,
European Securities and Markets Authority (ESMA) ,
MiFID II ,
Personal Data ,
Securities and Exchange Commission (SEC) ,
Securities Transactions ,
UK Brexit ,
Virtual Currency
BROKER-DEALER -
SEC and CFTC Approve New MOU -
On June 28, the Securities and Exchange Commission and Commodity Futures Trading Commission announced the approval of a new Memorandum of Understanding (MOU) aimed at...more
BROKER-DEALER -
FINRA Proposes Rule Change Related to the Content of the Securities Industry Essentials Examination -
On January 12, the Financial Industry Regulatory Authority (FINRA) filed with the Securities and...more
SEC/CORPORATE -
SEC and Division of Corporation Finance Issue New Pay Ratio Disclosure Guidance -
On September 21, the Securities and Exchange Commission (SEC) issued an interpretive release (available here) regarding...more
10/2/2017
/ C&DIs ,
Congressional Investigations & Hearings ,
Consolidated Audit Trail ,
Designated Contract Markets (DCMs) ,
EURIBOR ,
Libor ,
MiFID II ,
Pay Ratio ,
Regulation S-K ,
Securities and Exchange Commission (SEC) ,
Tick Size
BROKER-DEALER -
FINRA and SIPC Agree To Streamline the Annual Report Filing Process for Broker-Dealers -
On August 1, the Financial Industry Regulatory Authority and the Securities Investor Protection Corporation (SIPC)...more
SEC/CORPORATE -
SEC Updates to Form ADV FAQs -
On June 12, the staff of the Securities and Exchange Commission’s Division of Investment Management updated its Frequently Asked Questions on Form ADV and IARD. Much of the...more
SEC/CORPORATE -
Delaware Chancery Court Decision Demonstrates Continuing Risk to “Appraisal Arbitrage”
In a stark application of the adage that one should be careful what one wishes for—because one may get it—on May 30,...more
SEC/CORPORATE -
On May 4, Jay Clayton was sworn into office as the new chairman of the Securities and Exchange Commission. As discussed in the January 6 edition of the Corporate & Financial Weekly Digest, Mr. Clayton was a...more
SEC/CORPORATE -
President-Elect Trump Nominates Clayton as SEC Chair -
On January 4, President-elect Donald Trump announced his nomination of Jay Clayton to serve as chair of the Securities and Exchange Commission,...more
1/9/2017
/ Derivatives Clearing Organizations ,
Equity Plans ,
EU ,
European Securities and Markets Authority (ESMA) ,
Examination Priorities ,
FFIEC ,
Forex ,
Institutional Shareholder Services (ISS) ,
MiFID II ,
No-Action Relief ,
Trump Administration ,
UK Brexit
SEC/CORPORATE -
Supreme Court Rules on Insider Trading Involving Family and Friends -
In its first insider trading decision in nearly two decades, the US Supreme Court ruled unanimously to uphold an insider trading...more
SEC/CORPORATE -
SEC Seeks Public Comment on Disclosure Requirements of Subpart 400 of Regulation S-K -
On August 25, the Securities and Exchange Commission announced that it is seeking public comment on the
issues...more
SEC Proposes Amendments To Update and Simplify Disclosure Requirements: A Closer Look -
On July 13, the Securities Exchange Commission proposed and requested comment regarding rule amendments to update and simplify...more
7/28/2016
/ AIFMD Passport ,
DTCC ,
EU ,
Eurozone ,
GAAP ,
IFRS ,
MiFID II ,
Regulation S-K ,
Regulation S-X ,
TRACE ,
Transparency
SEC/CORPORATE -
SEC Adopts Amendment to Form 10-K Permitting the Summary of Business and Financial Information -
On June 1, the Securities and Exchange Commission adopted an interim final rule (Rule), as mandated...more
SEC/CORPORATE -
SEC Approves Amendments to Implement Provisions of the JOBS Act and FAST Act -
On May 3, the Securities and Exchange Commission approved amendments to revise certain rules under the Securities...more
SEC/CORPORATE -
SEC Publishes Concept Release Regarding Business and Financial Disclosure -
On April 13, the Securities and Exchange Commission published a concept release, recommended by the SEC’s Division of...more
BROKER-DEALER -
FINRA Requests Information Regarding Firm Culture and Values -
The Financial Industry Regulatory Authority is requesting firms to submit information regarding their organizational culture and how...more
2/29/2016
/ Banking Examinations ,
Comptroller ,
Corporate Culture ,
Depository Institutions ,
EU ,
Examination Priorities ,
ISDA ,
MiFID II ,
No-Action Letters ,
Recordkeeping Requirements ,
Security-Based Swaps ,
Stress Tests ,
UK
On February 1, the Commodity Futures Trading Commission issued an order granting Eurex Clearing AG registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA). The order will allow Eurex...more
SEC/CORPORATE -
SEC Approves FINRA’s Funding Portal Rules -
On January 22, the Securities and Exchange Commission approved the Financial Industry Regulatory Authority’s funding portal rules and related forms for...more
BROKER-DEALER -
FINRA Issues Investor Alert Regarding IRS Phone Scam -
The Financial Industry Regulatory Authority issued an Investor Alert warning investors about a phone scam involving phone calls allegedly...more
11/16/2015
/ CPOs ,
EU ,
FFIEC ,
Financial Industry Regulatory Authority (FINRA) ,
Form PQR ,
Internal Investigations ,
Major Swap Participants ,
MiFID II ,
Risk Management ,
Tax Scams ,
UK ,
Volcker Rule