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A&O Shearman

EBA draft single programming document

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The European Banking Authority (EBA) has published its draft single programming document (SPD) for 2027–2029, outlining its strategic priorities and resource needs over the three‑year period. The EBA confirms it will focus on...more

Paul Hastings LLP

UK Equity Capital Markets Insights — February 2026

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New UK Securities Offering Regime Comes Into Force - On 19 January, the UK’s new regime for offers of securities, the Public Offers and Admissions to Trading Regulations 2024 (POATRs) and the UK Financial Conduct...more

A&O Shearman

UK FCA responds to Treasury Committee on Leeds Reforms progress and priorities

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The House of Commons Treasury Committee has published a letter (dated 21 January) from Nikhil Rathi, the Chief Executive of the UK Financial Conduct Authority (FCA), responding to the Committee's outstanding questions from...more

BCLP

FCA Enforcement Watch and Beyond - Five Headline Trends for 2026

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The FCA’s launch of its inaugural Enforcement Watch newsletter provides fresh visibility into the regulator’s enforcement caseload, priorities and approach. Coupled with the High Court’s recent two-part judgment endorsing the...more

Jenner & Block

SEC, CFTC Launch Unified "Project Crypto"

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On January 29, 2026, the SEC and CFTC jointly announced Project Crypto, transforming what had been an internal SEC initiative launched in 2025 into a landmark inter-agency collaboration to unify digital asset regulation in...more

Herbert Smith Freehills Kramer

UK Public M&A Monthly Activity Update: January 2026

In January 2026, there were three Rule 2.7 announcements made across the UK public M&A market and nine further possible offers announced. Firm Offers announced this month: • Recommended cash offer by VertiGIS Ltd for...more

Vinson & Elkins LLP

5 Strategies to Strengthen Corporate Governance

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Major investors are increasingly using AI to decide how to vote proxies, and JPMorgan’s industry-first decision to replace its external proxy advisors with an in-house AI tool signals that the trend is accelerating....more

Tannenbaum Helpern Syracuse & Hirschtritt LLP

CFTC Provides Interim Relief from Commodity Pool Operator Registration to Certain Investment Advisors

On December 19, 2025, the Market Participants Division (“MPD”) of the Commodities Futures Trading Commission (“CFTC”) issued No-Action Letter No. 25-50, granting interim relief for certain commodity pool operators (“CPOs”)...more

Jones Day

SEC Staff Provides Its Views on Taxonomies Associated With Tokenized Securities

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On January 28, 2026, the Securities and Exchange Commission's ("SEC") Divisions of Corporation Finance, Investment Management, and Trading and Markets (collectively, the "Staff") issued a statement (the "Statement") providing...more

Cooley LLP

Statement on Tokenized Securities

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On January 28, 2026, the staff of the Division of Corporation Finance, the Division of Investment Management, and the Division of Trading and Markets of the US Securities and Exchange Commission (collectively, the SEC staff)...more

Cooley LLP

Second Institutional Investor Stops Using Proxy Advisors

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Last week, Wells Fargo’s Wealth & Investment Management announced it had launched an internal proxy voting service – powered by Broadridge – and would cut ties to ISS in the process as noted in this Reuters article....more

Harris Beach Murtha

Municipal Bond Issuers: NY Accepting, Enforcing Exemption Applications

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The State of New York is once again taking Policy 103 Exemption Applications from municipal bond issuers and will pursue enforcement actions against issuers that fail to comply with timely filing of their applications, ending...more

Thomas Fox - Compliance Evangelist

AI Today in 5: February 6, 2026, The Trillion $$ Wipeout Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the AI Today In...more

Troutman Pepper Locke

SEC Staff Issues Guidance on Tokenized Securities

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On January 28, the U.S. Securities and Exchange Commission’s (SEC’s) Division of Corporation Finance, Division of Investment Management, and Division of Trading and Markets issued a joint statement explaining how existing...more

Thomas Fox - Compliance Evangelist

From the Editor’s Desk: CW AI Conference Insights: Navigating the Practical Use of AI in Compliance

In this episode of ‘From the Editor’s Desk,’ Tom Fox visits with Aaron Nicodemus to discuss highlights from the recent Compliance Week AI Conference. Key takeaways include the importance of understanding the purpose and...more

Ropes & Gray LLP

[Podcast] Inside the House—Managing Risk to Drive Commercial Success (Part I)

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On this Ropes & Gray podcast—the first in a two-part series venturing “inside the house” to draw on experiences and ideas—partner Amanda McGrady Morrison, global co-chair of the firm’s private capital transactions practice,...more

Foley & Lardner LLP

2026 Outlook for Boards and General Counsel: Key Governance, Enforcement and Securities Law Developments

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In 2025 there was a significant shift in federal regulatory and enforcement priorities impacting issuers’ financial reporting, shareholder engagement, and corporate governance around ESG, AI, DEI, and crypto, among other...more

Cozen O'Connor

AG Campbell Cancels Crypto Kiosk Crooks

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Massachusetts AG Andrea Joy Campbell filed a lawsuit against Bitcoin Depot Operating LLC and its parent, Bitcoin Depot, Inc. (collectively, “Bitcoin Depot”), alleging the company violated the Massachusetts Consumer Protection...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: February 6, 2026, The Chief BS Officer Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News....more

Foley Hoag LLP

California Venture Capital Diversity Reporting Requirements — 2026 Deadlines Approach

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Key Takeaways: California's Fair Investment Practices by Venture Capital Companies Law (the “FIPVCC Law”) imposes registration and reporting requirements on certain venture capital companies with a California nexus....more

Herbert Smith Freehills Kramer

UK PLC Insight: Return of B Share Schemes?

Whilst the last couple of years have seen many UK plcs executing share buybacks - to such an extent that during an 18-month period, FTSE 350 issuers bought back £78bn of shares and the FCA published a multi-firm review - 2026...more

Vinson & Elkins LLP

When Short Sellers Attack

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A “short attack” is a campaign in which a short seller publishes a critical report about a target company in order to profit from the ensuing decline in the company’s share price....more

Patterson Belknap Webb & Tyler LLP

SEC Staff Relaxes 20 Business Day "Broker Search" Requirement for Proxy Solicitations

On January 23, 2026, the Staff of the U.S. Securities and Exchange Commission (the "Staff") issued updated guidance that provides greater flexibility for public companies conducting the required "broker search" in connection...more

Hanson Bridgett

Policy Shift in Washington State: Proposed Law Would Tax QSBS Gains

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Washington has long been viewed as a tax-efficient jurisdiction, historically imposing no personal income tax on individuals. In 2021, the Washington State Legislature enacted a capital gains tax law, taking effect for gains...more

Cooley LLP

Broker Search: NYSE Aligned With Corp Fin on New CDI

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Recently, Corp Fin issued a slew of new and revised CDIs and New Question 133.02 states that Corp Fin recognizes that the “broker search” may be completed in less than 20 business days prior to record date....more

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