In this issue:

- SEC Adopts and Proposes New Rules, Including Easing the Prohibition on General Solicitation

- District Court Vacates SEC’s Resource Extraction Issuer Rule

- SEC Announces Three New Anti-Fraud Enforcement Initiatives

- CFTC Expands No-Action Relief Granted to FBOTs

- CFTC Grants No Action Relief to EU Swap Dealers from Swap Documentation Rules

- CFTC Grants No-Action Relief to SDs and MSPs Regarding Relationship Documentation and Business Conduct

- FTC Formalizes Withdrawal and Refiling Process

- Banking Agencies Issue Final Basel III Capital Regulations

- Federal Reserve, OCC and FDIC Propose Higher Capital Requirements for Largest Banks

- Excerpt from: Federal Reserve, OCC and FDIC Propose Higher Capital Requirements for Largest Banks:

On July 9, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation (collectively, the Agencies) issued a joint notice of proposed rulemaking (NPR) that would strengthen the leverage requirements applicable to the largest, most systemically important banking organizations and their subsidiary insured depository institutions. The NPR applies only to banking organizations with at least $700 billion in total consolidated assets at the top-tier bank holding company (BHC) or at least $10 trillion in assets under custody (covered BHCs), and any insured depository institution subsidiary of these BHCs (covered insured depository institutions).

Please see full newsletter below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Topics:  Advertising, Anti-Corruption, Basel III, CFTC, Compliance, Fraud, FTC, General Solicitation, JOBS Act, Major Swap Participants, No-Action Relief, OCC, Resource Extraction, SEC, Swap Dealers, Withdrawal

Published In: Antitrust & Trade Regulation Updates, Communications & Media Updates, Energy & Utilities Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Katten Muchin Rosenman LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »