Nov 22, 2024 Alpine v. FINRA Big News By Susan Light Wayne Aaron On November 22, the US Court of Appeals for the District of Columbia Circuit granted Alpine a preliminary injunction, ruling that the...
Nov 21, 2024 US Federal Court Vacates SEC’s Dealer Rule By James Brady Wayne Aaron Susan Light Earlier today, the US District Judge Reed O’Connor in Fort Worth, Texas vacated the rule recently adopted by the Securities and Exchange...
Nov 19, 2024 New Administration, New Direction? What Swap Dealers Can Expect From CFTC Post-2024 Election By Alex Kim Carl Kennedy The 2024 US presidential elections may signal a shift in the Commodity Futures Trading Commission’s (CFTC or Commission) regulatory and...
Nov 19, 2024 Expected CFTC Implementations Post-2024 Election: Key Considerations for Futures Commission Merchants By Carl Kennedy Stephen Morris Eli Krasnow Nicholas Gervasi +1 more... Show less The 2024 US elections may signal a shift in the policy orientation of other federal financial regulators, but at the Commodity Futures...
Oct 22, 2024 NYDFS Cybersecurity Regulation Compliance Requirements for November 1, 2024 By Trisha Sircar As we previously reported, in 2023 the New York State Department of Financial Services (NYDFS) amended its cybersecurity regulation, 23...
Sep 24, 2024 FCA Consults on Guidance for UK Trade Repositories’ UK EMIR Reporting Requirements By Carolyn Jackson Ciara McBrien On 4 September, the Financial Conduct Authority (FCA) published a website seeking feedback (Consultation) on draft questions and answers...
Aug 15, 2024 Crypto Compliance in Focus: FINRA Unveils Key Insights on Member Firms’ Digital Asset Activities By Susan Light James Brady Alex Kim The Financial Industry Regulatory Authority (FINRA) released a comprehensive update on its insights into its member firms’ involvement in...
Aug 09, 2024 (mis)Conduct, Money & Reputation: A Look at Equifax, CrowdStrike & Cybersecurity By Katten Muchin Rosenman LLP Cybersecurity continues to dominate headlines, concern investors and have substantial and very real implications for asset and wealth...
Jul 31, 2024 FinCEN Proposes Enhanced AML Rules By Susan Light Eli Krasnow On July 3, the Financial Crimes Enforcement Network (FinCEN) published a proposed rule (the Proposal) to strengthen and modernize...
Jul 01, 2024 A Timely Reminder from CME Market Regulation of the Broad Reach of the Duty to Supervise By Stephen Morris The CME has issued a revised Market Regulation Advisory Notice on Supervisory Responsibilities for Employees and Agents that includes a...
May 15, 2024 FinCEN AML Alert Part 2: Customer Identification Program Requirements for Investment Advisers By Adam Bolter Nicholas Gervasi On May 13, the Securities and Exchange Commission (SEC) and the US Department of the Treasury’s Financial Crimes Enforcement Network...
Apr 23, 2024 Whistleblower Rewards Program Update: DOJ Explains and Expands Pilot Program for Voluntary Disclosures By Ryan Meyer Ryan Dean On April 15, the Department of Justice (DOJ) publicly released a memorandum fleshing out its previously announced corporate whistleblower...
Mar 06, 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...
Feb 27, 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...
Feb 12, 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...
Feb 07, 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...