BROKER-DEALER -
FINRA Amends Arbitration Codes to Increase Arbitrator Chairperson Fees and Certain Arbitration Fees -
On February 12, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 21-04...more
SEC/CORPORATE -
SEC Staff Releases Sample Comment Letter on Securities Offerings During Periods of Market and Price Volatility -
On February 8, the staff of the SEC’s Division of Corporation Finance (the Staff)...more
BROKER-DEALER -
FINRA New Rule 3241 Becomes Effective February 15 -
On February 15, Financial Industry Regulatory Authority (FINRA) new Rule 3241 — “Registered Person Being Named a Customer’s Beneficiary or Holding a...more
2/8/2021
/ Broker-Dealer ,
Compliance ,
Department of Justice (DOJ) ,
Enforcement Actions ,
EU ,
False Claims Act (FCA) ,
Federal Trade Commission (FTC) ,
Financial Industry Regulatory Authority (FINRA) ,
HM Treasury ,
Investment Adviser ,
Securities and Exchange Commission (SEC) ,
UK
BROKER-DEALER -
European Commission Adopts Equivalence Decision With Respect to SEC Regulatory Framework for Central Counterparties -
On January 27, Allison Herren Lee, the acting chair of the Securities and Exchange...more
BROKER-DEALER -
Annual Verification in the FINRA Contact System Due January 27 -
The Financial Industry Regulatory Authority (FINRA) requires that each FINRA member complete an annual verification (the Annual...more
SEC/CORPORATE -
Holding Foreign Companies Accountable Act Signed Into Law by President Trump -
In December 2020, President Donald Trump signed into law the Holding Foreign Companies Accountable Act (the HFCAA). The...more
BROKER-DEALER -
SEC Adopts Clearing Agency Rule to Limit Potential for Overlapping or Duplicative Regulation -
On December 16, the Securities and Exchange Commission announced that it adopted a rule to limit the...more
BROKER-DEALER -
SEC Adopts Rules to Modernize Infrastructure for NMS Market Data -
On December 9, the Securities and Exchange Commission adopted final rules that aim to modernize the infrastructure related to the...more
SEC/CORPORATE -
SEC Adopts Amendments Permitting Use of Electronic Signatures for EDGAR Filings -
On November 17, the Securities and Exchange Commission adopted amendments to Regulation S-T to permit the use of...more
BROKER-DEALER -
FINRA Conducts Review of Waiver and Rebate Systems and Procedures with Respect to Mutual Fund ROR Purchases
The Financial Industry Regulatory Authority (FINRA) announced that it is conducting a review of...more
BROKER-DEALER -
SEC and CFTC Chairman Issue Joint Letter Regarding CFTC Orders Implicating Regulations A and D -
On October 23, Chairman Jay Clayton of the Securities and Exchange Commission and Chairman Heath P....more
SEC/CORPORATE -
SEC Adopts Amendments to Modernize Auditor Independence Rules -
On October 16, the Securities and Exchange Commission adopted amendments (the Amendments) to its long-standing auditor independence rules....more
The Securities and Exchange Commission issued a proposed order that, if adopted, would provide an exemption to certain "finders," persons who connect potential buyers and sellers of securities for a fee, from broker-dealer...more
BROKER-DEALER -
FINRA Requests Comments for Proposed Amendments to FINRA Rule 2165 -
On October 5, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 20-34, which requests comment on proposed...more
BROKER-DEALER -
FINRA Requests Comment on Proposed Proceeding Rule for Failures to Comply With Qualification Examinations Rules of Conduct, Registration Requirements and Eligibility Proceedings Rules -
On September 22,...more
BROKER-DEALER -
SEC Amends Exchange Act Rule 15c2-11 to Enhance Retail Investor Protections and Modernize Governing Quotations for Over-the-Counter Securities -
On September 16, the Securities and Exchange Commission...more
SEC/CORPORATE -
SEC Amends the Definitions of “Accredited Investor” and “Qualified Institutional Buyer” -
On August 26, the Securities and Exchange Commission adopted amendments to the definitions of “accredited...more
BROKER-DEALER -
FINRA Releases an Updated Security Futures Risk Disclosure Statement -
On August 14, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 20-28 that included an updated Security...more
Key Points -
- For the first time, New York's top banking and insurance regulator filed an enforcement action under the New York State Department of Financial Services (DFS) Cybersecurity Regulation (the Regulation).
- DFS'...more
BROKER-DEALER -
SEC and FDIC Adopt Final Rule on the Orderly Liquidation of Covered Broker-Dealers Under Dodd-Frank -
On July 24, the Securities and Exchange Commission announced that the SEC and the Federal Deposit...more
SEC/CORPORATE -
SEC Adopts Amendments and Issues Guidance Related to Proxy Voting Advice -
On July 22, the Securities and Exchange Commission announced the adoption of amendments (the Amendments) to the SEC’s rules...more
SEC/CORPORATE -
SEC Approves Extension of Temporary NYSE Waiver of Stockholder Approval Rules -
Recently, the Securities and Exchange Commission issued a release (the Release) approving, with immediate effectiveness,...more
BROKER-DEALER -
FINRA Announces Updates to Interpretations of Margin Rule Regarding Control and Restricted Securities and Consolidation of Accounts -
On July 2, the Financial Industry Regulatory Authority (FINRA) issued...more
SEC/CORPORATE -
SEC Division of Corporation Finance Issues Additional Disclosure Guidance Related to COVID-19 Pandemic -
On June 23, the Division of Corporation Finance (the Division) of the Securities and Exchange...more
6/29/2020
/ CFTC ,
EU ,
False Claims Act (FCA) ,
FDIC ,
HM Treasury ,
NFA ,
Prudential Regulation Authority (PRA) ,
Securities and Exchange Commission (SEC) ,
UK ,
UK Brexit ,
Volcker Rule
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