12 Mar, 2024 Sarah Bates: From Manchester's Oxford Road to UK's Pension Powerhouse - A Journey of Success and Diversity By Katten Muchin Rosenman LLP From her humble beginnings in Manchester's Oxford Road, Sarah Bates has gone on to carve out an impressive career in the UK's financial...
06 Mar, 2024 The 'Effective Spread' of Order Execution Quality Reporting By Wayne Aaron On March 6, 2024, by unanimous vote, the Securities and Exchange Commission (SEC) adopted changes to Rule 605 under Regulation NMS, the...
06 Mar, 2024 UK Law Commission Publishes Draft Digital Assets Bill and Call for Evidence on Digital Assets in Private International Law By Neil Robson Carolyn Jackson Nathaniel Lalone Christopher Collins Ciara McBrien Sara Portillo +3 more... Show less On 22 February 2024, the UK’s Law Commission (Commission) published a consultation (Consultation) in relation to its draft Digital Assets...
27 Feb, 2024 Back to the Drawing-Board: The CFTC Re-Proposes Rules to Codify Letter 19-17 By Stephen Morris Just under 10 years ago, the Joint Audit Committee launched a shot across the bow of the futures industry with this seemingly innocuous...
26 Feb, 2024 Ensuring Everything Is Above Board: CFTC Proposes Simplified Rules for SEF and DCM Governance, Independence and Mitigating Conflicts of Interest By Nicholas Gervasi Carl Kennedy Seeking to ensure that designated contract markets (DCMs) and swap execution facilities (SEFs) adequately incorporate an independent...
16 Feb, 2024 DEI and the Perils of Over-Claiming and Under-Delivering By Katten Muchin Rosenman LLP Building a business with a diversified employee base is no longer a nice to have; it’s necessary, both in terms of talent retention and...
16 Feb, 2024 FinCEN AML Alert: SEC Investment Advisers Again in Focus By Adam Bolter Nicholas Gervasi On February 13, the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed to expand anti-money...
12 Feb, 2024 Katten Fact Sheet for Certain Firms That Must Become FINRA Members By Susan Light As background, the SEC adopted amendments to Rule 15b9-1 of the Securities Exchange Act of 1934 (SEA Rule 15b9-1) that require a...
12 Feb, 2024 Third Time's a Charm? SEC & CFTC Finalize Amendments to Form PF By Adam Bolter Robert Bourret On February 8, the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) jointly adopted amendments to...
07 Feb, 2024 SEC Broadens 'Dealer' Definition By James Brady Susan Light Richard Marshall On February 6, 2024, the Securities and Exchange Commission (SEC) adopted two new rules that expand who may be considered a dealer or a...
05 Feb, 2024 UK Government Grants Equivalence to EEA UCITS Funds Under the Overseas Funds Regime By Neil Robson Christopher Collins Ciara McBrien On 30 January 2024, the UK government published a written statement (Statement) granting an equivalence decision for European Economic...
19 Jan, 2024 UK Regulators Consult on Operational Resilience for Critical Third Parties By Nathaniel Lalone Ciara McBrien On 7 December 2023, the Bank of England (BoE), Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) (together, the...
18 Jan, 2024 How Resilient Are You? The CFTC Proposes Operational Resiliency Rules for FCMs, Swap Dealers and Major Swap Participants By Carl Kennedy Adopted partially in response to a 2023 cyberattack on a widely-used, third-party service provider to several financial services firms,...
16 Jan, 2024 FCA Publishes Consultation on UK Overseas Funds Regime By Neil Robson Christopher Collins Ciara McBrien On 4 December 2023, the Financial Conduct Authority (FCA) published a consultation (CP23/26) on the implementation of the UK’s overseas...
12 Jan, 2024 See Spot Run (Finally): After Over a Decade of Rejections, SEC Approves 11 New Spot Bitcoin ETPs By Dan Davis Gary DeWaal James Brady Sheehan Band Alex Kim +2 more... Show less Eleven spot bitcoin-based exchange-traded products (ETPs) were finally approved by the Securities and Exchange Commission (SEC) on...
04 Jan, 2024 Neither a Borrower Nor a Lender Be! By Susan Light FINRA filed a rule amendment with the SEC on January 2 to propose amending FINRA Rule 3240, Borrowing From or Lending to Customers...