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...
Jan 04, 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...
Dec 21, 2023 FCA Publishes Update on UK Market Share Test for Ancillary Activities Exemption 2024-2025 By Carolyn Jackson Ciara McBrien On 20 December 2023, the Financial Conduct Authority (FCA) published a statement (Statement) providing an update on the ancillary...
Dec 21, 2023 FCA Consults on UK Commodity Derivatives Regulatory Framework Reform By Carolyn Jackson Ciara McBrien On 4 December 2023, the Financial Conduct Authority (FCA) published a consultation paper (CP23/27) on reforming the UK commodity...
Dec 21, 2023 UK Regulators Publish Policy Statement on Margin Requirements for Non-Centrally Cleared Derivatives By Carolyn Jackson Ciara McBrien On 18 December 2023, the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) (together, the Regulators) published...
Nov 29, 2023 The FCA Publishes Guidance Consultation on Anti-Greenwashing By Neil Robson Sara Portillo On 28 November 2023, the Financial Conduct Authority (FCA) published its Policy Statement on Sustainability Disclosure Requirements (SDR)...
Nov 27, 2023 Artificial Intelligence and Machine Learning Across the UK, EU and US: Bridging the Regulatory Divide By Neil Robson Ciara McBrien Sara Portillo On 8 November 2023, Neil Robson, a partner in the Financial Markets and Funds practice, moderated a panel discussion on the regulatory...