Last week, J. Christopher Giancarlo promised a “workable” revised position limits proposed rule before he leaves as chairman of the Commodity Futures Trading Commission sometime this summer. Separately, the Securities and...more
3/19/2019
/ Broker-Dealer ,
Canada ,
CFTC ,
Cryptoassets ,
Custody Rule ,
Digital Assets ,
Division of Investment Management ,
Proposed Amendments ,
Proposed Regulation ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
Swap Dealers ,
Trading Platforms
Last week the Securities and Exchange Commission filed an enforcement action against nine defendants related to its 2017 discovery that its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system used for receiving...more
1/23/2019
/ Canada ,
CPOs ,
Criminal Convictions ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Digital Assets ,
Dodd-Frank ,
EDGAR ,
Enforcement Actions ,
Hackers ,
Indictments ,
Insider Trading ,
Securities and Exchange Commission (SEC) ,
Spoofing
Last week, a senior official of the Securities and Exchange Commission said that Bitcoin and Ether are not securities and that there might be circumstances when a utility token is also not a security. The same official and...more
SEC/CORPORATE SEC Releases Registration Fee Estimator
On April 18, the Securities and Exchange Commission announced the release of an online tool that will assist companies in calculating registration fees relating to...more
4/25/2016
/ Business Conduct Standards ,
Canada ,
Chief Compliance Officers ,
Dodd-Frank ,
EDGAR ,
EU ,
High Frequency Trading ,
Major Swap Participants ,
Memorandum of Understanding ,
NCUA ,
Pensions ,
SFTR ,
UK
FINRA Seeks to Identify How Some Members Implement Cultural Values: The Financial Industry Regulatory Authority advised some broker-dealers through a targeted exam letter that it will soon meet with them to learn how they...more
Kraft Foods Seeks to Appeal Trial Court Ruling on CFTC Manipulation Theories: Kraft Foods Group, Inc. and Mondelez Global LLC requested permission from the federal court hearing the enforcement action by the Commodity Futures...more
1/26/2016
/ Asset Valuations ,
Canada ,
CFTC ,
European Commission ,
Futures Commission Merchants (FCMs) ,
Kraft ,
Market Manipulation ,
Price Manipulation ,
Securities and Exchange Commission (SEC) ,
SEFs ,
Swaps
CFTC Says Virtual Currencies Are a “Commodity” Under Federal Law, Files Charges Against Coinflip for Operating an Unregistered Bitcoin Options Trading Platform -
The Commodity Futures Trading Commission filed and...more
9/22/2015
/ Algorithmic Trading ,
Australia ,
Basel III ,
Bitcoin ,
Block Trades ,
C-Suite Executives ,
Canada ,
Cease and Desist Orders ,
CEOs ,
CFTC ,
Chicago Mercantile Exchange (CME) ,
Commodities ,
Criminal Prosecution ,
Cybersecurity ,
Derivatives ,
Designated Contract Markets (DCMs) ,
Enforcement Actions ,
FDIC ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
Industry Examinations ,
Layering ,
Liquidity Risk Management Rule ,
Reporting Requirements ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
SEFs ,
Spoofing ,
Swap Dealers
ESMA Says “No for Now” to Granting Passport Rights to US Fund Managers Under AIFMD:
The European Securities and Markets Authority told the European Commission last week that it was premature to grant passport rights to...more
8/4/2015
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Australia ,
Broker-Dealer ,
Canada ,
CBOE ,
CFTC ,
Chicago Mercantile Exchange (CME) ,
CME NYMEX ,
Dark Pool ,
Disruptive Trading Practices ,
Enforcement Actions ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Financial Industry Regulatory Authority (FINRA) ,
Fund Managers ,
Hong Kong ,
Hong Kong Securities and Futures Commission (HKSFC) ,
Internal Controls ,
Japan ,
Securities and Exchange Commission (SEC) ,
Virtual Currency ,
Wash Trades
CFTC Chairman Calls for Increased Funding and Discusses Priorities During Congressional Testimony -
Timothy Massad, Chairman of the Commodity Futures Trading Commission, appeared before members of the House of...more
Cybersecurity, Potential Equity Order Routing Conflicts and AML Among the Top Examination Priorities for SEC in 2015 -
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations...more
1/20/2015
/ Anti-Money Laundering ,
Broker-Dealer ,
Canada ,
Collateralized Debt Obligations ,
Cybersecurity ,
Enforcement Actions ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Adviser ,
Mortgage-Backed Securities ,
Order Routing ,
SEC Examination Priorities ,
Securities ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Spoofing ,
Transfer Agents
ICE Futures U.S. and Canada Amend Rules to Expressly Prohibit Disruptive Trading Practices -
ICE Futures U.S. and ICE Futures Canada proposed new rules expressly prohibiting disruptive trading practices and...more