On January 1, 2021, Congress passed the Corporate Transparency Act (“CTA” or the “Act”) to “better enable critical national security, intelligence and law enforcement efforts to counter money laundering, financing of...more
10/14/2022
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Beneficial Owner ,
Certification Requirements ,
Corporate Transparency Act ,
Exemptions ,
Final Rules ,
Financial Institutions ,
FinCEN ,
Foreign Corporations ,
Insurance Industry ,
Investment Adviser ,
Limited Liability Company (LLC) ,
Money Laundering ,
Pooled Investment Vehicles ,
Privately Held Corporations ,
Public Schools ,
Reporting Requirements ,
Russia ,
Terrorism Funding ,
Transparency ,
Ukraine
After several years and 18,000 comments, yesterday regulators braved a “snow covered” Washington and voted to approve a final rule to prohibit banks from engaging in proprietary trading, known as the Volcker rule. As industry...more
12/12/2013
/ CEOs ,
CFTC ,
Dodd-Frank ,
Exemptions ,
FDIC ,
Federal Reserve ,
Hedge Funds ,
Market Making ,
OCC ,
Private Equity ,
Proprietary Trading ,
Reporting Requirements ,
Sovereign Debt ,
Volcker Rule
In an effort to enhance oversight and investor protection over private placement activity of firms on behalf of other issuers, new Financial Industry Regulatory Authority, Inc. (FINRA) Rule 5123 became effective on December...more