BROKER-DEALER -
FINRA Publishes Information Notice Regarding Enhancements to the Disclosure Review Process Relating to Public Financial Records -
On May 18, the Financial Industry Regulatory Authority (FINRA) published...more
BROKER-DEALER -
Nasdaq Has Proposed a New Rule Change To Modify Its System of Volume-Based Credits -
The Nasdaq Stock Market LLC (Nasdaq) has filed with the Securities and Exchange Commission a proposed rule change to...more
4/16/2018
/ Broker-Dealer ,
CCPs ,
Cryptocurrency ,
Derivatives ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
IOSCO ,
MiFID II ,
Nasdaq ,
National Market System (NMS) ,
New Rules ,
Over The Counter Derivatives (OTC) ,
Prudential Regulation Authority (PRA) ,
Record Retention ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
State Securities Regulators ,
Stress Tests ,
Trading Platforms ,
UK ,
UK Brexit
BROKER-DEALER -
FINRA Releases New Targeted Exam Letter Regarding Order Routing Conflicts -
On November 10, the Financial Industry Regulatory Authority released the contents of a new Order Routing Conflicts targeted...more
11/20/2017
/ Agricultural Sector ,
Audits ,
Broker-Dealer ,
CFTC ,
Commodities ,
Derivatives ,
Enforcement Actions ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Initial Coin Offering (ICOs) ,
MiFID II ,
No-Action Relief ,
Securities and Exchange Commission (SEC) ,
UK
SEC/CORPORATE -
SEC Division of Corporation Finance Issues Revised and Additional C&DIs Relating to Form S-8 -
On November 9, the Division of Corporation Finance of the Securities and Exchange Commission issued two...more
11/21/2016
/ Banking Sector ,
Broker-Dealer ,
C&DIs ,
CCPs ,
CFTC ,
Derivatives Clearing Organizations ,
EMIR ,
EU ,
European Securities and Markets Authority (ESMA) ,
FDIC ,
Proxy Season ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
SRO ,
Stress Tests
BROKER-DEALER -
FINRA Proposes Amendment to Transactions in Exchange-Traded Managed Fund Shares Rule -
On March 29, the Financial Industry Regulatory Authority filed with the Securities and Exchange Commission a...more
On March 8, the European Supervisory Authorities (which includes the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority) published...more
On March 9, the European Commission adopted a delegated Regulation (and an accompanying Annex) in relation to the EU Market Abuse Regulation (MAR). The delegated Regulation sets out arrangements, systems and procedures and...more
On March 1, the European Commission (EC) adopted new rules in the form of a delegated regulation (Delegated Regulation) to impose clearing obligations on certain index credit default swaps (CDSs). The contracts captured by...more
On February 15, the European Securities and Markets Authority (ESMA) published a discussion paper (ESMA/2016/288) (Discussion Paper) regarding implementation of the regulation on indices used as benchmarks in financial...more
On February 2, the European Securities and Markets Authority (ESMA) published a set of opinions to exempt 16 UK-based pension schemes from clearing obligations contained in the European Market Infrastructure Regulation...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
On January 19, the European Securities and Markets Authority (ESMA) published on its website a letter it received from the European Commission (Commission), dated December 17, 2015. The letter is in response to guidance and...more
On December 2, the European Securities and Markets Authority published an updated Questions and Answers (Updated Q&A) on the Alternative Investment Fund Managers Directive (AIFMD). The Updated Q&A focuses on Section III...more
SEC/CORPORATE -
FAST Act Legislation and Impact on Securities Law -
On December 4, President Obama signed into law the Fixing America’s Surface Transportation Act (FAST Act). This transportation bill includes...more
On December 2, the European Securities and Markets Authority issued a press release stating that clearing as required under the European Market Infrastructure Regulation would commence on June 21, 2016. This date follows the...more
On November 19, the European Securities and Markets Authority (ESMA) issued a public statement (Public Statement) regarding its decision not to extend the current three year grace period which permits non-financial firms to...more
SEC/CORPORATE SEC Commissioner Piwowar Speaks at Current Financial Reporting Issues Conference -
On November 16, Securities and Exchange Commissioner Michael Piwowar addressed the 34th Annual Current Financial Reporting...more
On October 20, the European Securities and Markets Authority (ESMA) published the responses received to its consultation on Draft Regulatory Technical Standards (draft RTS) under Regulation (EU) 2015/760 (ELTIF Regulation)....more
SEC/CORPORATE -
SEC To Hold Forum on Small Business Capital Formation in November -
On October 21, the Securities and Exchange Commission announced that it will hold its annual Government - Business Forum on Small...more
10/26/2015
/ AML/CFT ,
Banks ,
Capital Formation ,
Deposit Insurance ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
FDIC ,
JOBS Act ,
Margin Requirements ,
Regulation Technical Standards (RTS) ,
Securities and Exchange Commission (SEC) ,
Small Business ,
Startups ,
Uncleared Swaps
On October 2, the European Securities and Markets Authority (ESMA) finalized and issued a draft regulatory standard (RTS) for the mandatory clearing of certain credit default swaps (CDS) as required under the European Market...more
SEC/CORPORATE -
House Passes Disclosure Modification and “4(a)(1)(1/2)” Bills -
On October 6, the US House of Representatives passed the Disclosure Modification and Simplification Act of 2015 (H.R. 1525), which, if...more
10/12/2015
/ Advisory Committee ,
CFTC ,
Derivatives ,
EMIR ,
Equity Research Rule ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Industry Regulatory Authority (FINRA) ,
Form 10-K ,
Market Risk Capital Rule ,
NASD ,
Registration Requirement ,
Regulation S-K ,
Securities and Exchange Commission (SEC)
On September 28, the European Securities and Markets Authority (ESMA) published a final report (Report) containing draft regulatory and implementing technical standards (Standards) on the revised EU Markets in Financial...more
On September 28, the European Securities and Markets Authority (ESMA) published a final report (Report) containing draft regulatory technical standards (RTS) and implementing technical standards (ITS) on the new EU Market...more
On September 14, the European Securities and Markets Authority (ESMA) published its Trends, Risks and Vulnerabilities Report No. 2 for 2015 (the TRV) on the European securities markets. The TRV covers the time period from...more
BROKER-DEALER SEC -
Extends Specified Temporary Relief Related to Security-Based Swaps -
On September 15, the SEC issued an order extending temporary exemptions and exceptions from compliance with certain...more
9/21/2015
/ BEA ,
Broker-Dealer ,
CFTC ,
Derivatives ,
EU ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Investment Adviser ,
Investment Companies ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Security-Based Swaps ,
UK