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Date Title Type 
June 11, 2013 SEC Proposes Amendments to Money Market Fund Rules
Client Memorandum
Client Publications
June 6, 2013 Swaps Pushout Rule: Federal Reserve Clarifies Treatment of U.S. Branches of Foreign Banks
Client Memorandum
Client Publications
June 5, 2013 CFTC Finalizes SEF Rules and Adopts Minimum Block Trade Sizes
Client Memorandum
Client Publications
June 5, 2013 CFTC Provides Clearing Relief for Treasury Affiliates of Commercial Swap Counterparties
Client Newsflash
Client Publications
June 3, 2013 Dodd-Frank Progress Report
Client Publications
May 16, 2013 SEC Proposes Cross-Border Security-Based Swap Rules
Client Publications
May 1, 2013 Dodd-Frank Progress Report
Client Newsletter
Client Publications
April 15, 2013 CFTC Provides Inter-affiliate Swap Clearing and Reporting Relief
Client Publications
April 1, 2013 Dodd-Frank Progress Report
Client Newsletter
Client Publications
March 27, 2013 Guidance on Rule 15a-6 and Foreign Broker-Dealers
Client Newsflash
Client Publications
March 11, 2013 An Asset Manager’s Guide to Swap Trading in the New Regulatory World
Client Publications
March 1, 2013 Dodd-Frank Progress Report
Client Publications
February 25, 2013 Basel Committee and IOSCO Release Second Consultative Paper on Uncleared Derivatives Margin
Client Memorandum
Client Publications
February 15, 2013 FINRA Requests Comment on Proposed Rules Governing Markups, Commissions and Fees
Client Memorandum
Client Publications
February 1, 2013 Dodd-Frank Progress Report
Client Publications
January 23, 2013 FINRA Issues Voluntary Interim Form for Crowdfunding Portals
Client Memorandum
Client Publications
January 10, 2013 Approaching the Effective Date of the New FINRA Communications Rules
Client Newsflash
Client Publications
January 7, 2013 Swaps Pushout Rule: OCC Prepared to Grant Two-Year Transition Period to Federal Insured Depository Institutions
Client Memorandum
Client Publications
January 3, 2013 SEC Adopts New Obligations for Broker-Dealers Regarding Lost Securityholders and Unresponsive Payees
Client Memorandum
Client Publications
January 2, 2013 Dodd-Frank Progress Report
Client Newsletter
Client Publications
December 27, 2012 CFTC Issues Final Cross-Border Swap Exemptive Order
Client memorandum
Client Publications
December 3, 2012 Dodd-Frank Progress Report
Client Publications
November 19, 2012 Treasury Issues FX Swap and FX Forward Exemption
Client Newsflash
Client Publications
November 12, 2012 Impact of Dodd-Frank Derivatives Regulations on Latin American Financial Institutions
Client Publications
November 5, 2012 SEC Proposes Capital, Margin, and Segregation Rules for Security-Based Swap Dealers
Client Memorandum
Client Publications
November 1, 2012 Dodd-Frank Progress Report
Client Newsletter
Client Publications
October 13, 2012 CFTC Clarifies Temporary Application of Swap Regulations and Delays Some Swap-Related Requirements
Client Newsflash
Client Publications
October 9, 2012 OCIE Staff Report on Broker-Dealer Information Barrier Practices
Client Memorandum
Client Publications
October 1, 2012 Dodd-Frank Progress Report
Client Newsletter
Client Publications
September 12, 2012 CFTC Clarifies Swap Dealer Registration Timing
Client Memorandum
Client Publications
September 4, 2012 Dodd-Frank Progress Report
Client Newsletter
Client Publications
August 24, 2012 NFA Proposes to Amend Rules to Impose New Swaps Registration Requirement on FCMs, IBs, CPOs and CTAs
Client Newsflash
Client Publications
August 20, 2012 CFTC Proposes Clearing Exemption for Inter-Affiliate Swaps
Client Newsflash
Client Publications
July 30, 2012 CFTC Begins Implementation of Mandatory Clearing of Swaps
Client Newsflash
Client Publications
July 19, 2012 SEC Adopts Rule Requiring Consolidated Audit Trail
Client Memorandum
Client Publications
July 18, 2012 Dodd-Frank Two-Year Anniversary Progress Report
Client Publications
July 17, 2012 Key Dodd-Frank Derivatives Issues for End Users
Client Memorandum
Client Publications
July 11, 2012 SEC and CFTC Finalize Swap Product Definitions: the Title VII Swap Countdown Begins
Client Newsflash
Client Publications
July 10, 2012 Basel Committee and IOSCO Release Consultation Paper on Uncleared Derivatives Margin; CFTC Reopens Comment Period on Uncleared Swap Margin Proposal
Client Newsflash
Client Publications
July 3, 2012 CFTC Proposes Cross-Border Guidance and Exemptive Order
Client Newsflash
Client Publications
July 2, 2012 Dodd-Frank Progress Report
Client Publications
June 12, 2012 U.S. Basel III Capital Proposed Rules and Market Risk Final Rule: Out with the Old, In with the New
Client Newsflash
Client Publications
June 6, 2012 SEC Approves “Limit Up-Limit Down” Plan and Tighter Circuit Breakers
Client Newsflash
Client Publications
June 5, 2012 CFTC Adopts Historical Swap Recordkeeping and Reporting Requirements
Client Memorandum
Client Publications
June 1, 2012 Dodd-Frank Progress Report
Client Publications
May 23, 2012 FSOC Proposes Hearing Procedures for Systemic Designations of Nonbank Financial Companies and Financial Market
Client Newsflash
Client Publications
May 22, 2012 CFTC Proposes Exemptions from Aggregation under Its Position Limits Rule
Client Memorandum
Client Publications
May 21, 2012 CFTC Chairman Gensler Previews Key Elements of Dodd-Frank Title VII Cross-Border Guidance
Client Newsflash
Client Publications
May 16, 2012 SEC Approves MSRB Interpretive Notice on Municipal Security Underwriters
Client Memorandum
Client Publications
May 8, 2012 SEC Reopens Comment Period for Proposed Amendments to Financial Responsibility Rules for Broker-Dealers
Client Memorandum
Client Publications
May 2, 2012 CFTC and SEC Adopt Final Swap Dealer, Major Swap Participant and Eligible Contract Participant Definitions
Client Memorandum
Client Publications
May 2, 2012 Major Swap Participant Analysis under Joint CFTC/SEC. Definitions Finalized on April 18, 2012
Slide Presentation
Client Publications
May 1, 2012 Dodd-Frank Progress Report
Client Publications
April 23, 2012 SEC Issues Exemptions from Large Trader Reporting Rule
Client Newsflash
Client Publications
April 20, 2012 Volcker Rule Conformance Period Guidelines
Client Memorandum
Client Publications
April 18, 2012 SEC Approves Amendments to FINRA Communications Rules
Client Memorandum
Client Publications
April 9, 2012 Federal Reserve Issues Supplemental Notice of Proposed Rulemaking on Requirements for Determining Whether Companies are Predominantly Engaged in Financial Activities
Client Memorandum
Client Publications
April 5, 2012 CFTC Adopts Swap Clearing Documentation, Timing and Risk Management Rules
Client Memorandum
Client Publications
April 4, 2012 FSOC Issues Final Rule on Designation of Systemically Important Nonbank Financial Companies
Client Memorandum
Client Publications
April 2, 2012 Dodd-Frank Progress Report
Client Publications
March 28, 2012 The JOBS Act: Implications for Broker-Dealers
Client Memorandum
Client Publications
March 12, 2012 CFTC Adopts Internal Business Conduct Rules for Swap Dealers and Major Swap Participants
Client Memorandum
Client Publications
March 7, 2012 CFTC and SEC Jointly Propose Identity Theft Rules
Client Memorandum
Client Publications
March 1, 2012 Dodd-Frank Progress Report
Client Publications
February 1, 2012 Dodd-Frank Progress Report
Client Publications
January 27, 2012 CFTC Adopts Business Conduct Rule for Swap Dealers
Client Memorandum
Client Publications
January 23, 2012 CFTC Adopts Final Rule on Protection of Cleared Swap Customer Collateral
Client Memorandum
Client Publications
January 18, 2012 CFTC Establishes Registration Process for Swap Dealers; Key Registration Requirements To Be Set Later
Client Memorandum
Client Publications
January 17, 2012 FINRA Communication Rules – Recent Developments Affecting Structured Notes
Client Newsflash
Client Publications
January 11, 2012 CFTC Adopts Rules Establishing Swap Reporting Regime
Client Memorandum
Client Publications
January 3, 2012 Dodd-Frank Progress Report
Client Publications
December 23, 2011 Summary of the Federal Reserve’s Proposed Rules for Enhanced Prudential Standards and Early Remediation Requirements for Covered Companies
Client Memorandum
Client Publications
December 1, 2011 Dodd-Frank Progress Report
Client Publications
November 7, 2011 CFTC Adopts Final Position Limits for 28 Physical Commodity Futures, Options, and Swaps
Client Memorandum
Client Publications
November 1, 2011 Dodd-Frank Progress Report
Client Publications
October 18, 2011 SEC Proposes Rules on the Registration of Security-Based Swap Dealers and Major Security-Based Swap Participants
Client Memorandum
Client Publications
October 17, 2011 FSOC's Proposed Rules for SIFI Designations
Client Memorandum
Client Publications
October 12, 2011 Volcker Rule Proposed Regulations: Proprietary Trading Summary
Client Memorandum
Client Publications
October 12, 2011 Volcker Rule Proposed Regulations: Proprietary Trading Summary with Annexes
Client Memorandum
Client Publications
October 7, 2011 Leaked Volcker Release – Proprietary Trading
Client Memorandum
Client Publications
October 6, 2011 SEC Staff Alert Reveals Expansive Application of Market Access Rule
Client Newsflash
Client Publications
October 4, 2011 Tighter Circuit Breakers in Equities Markets
Client Newsflash
Client Publications
October 3, 2011 Dodd-Frank Progress Report
Client Publications
September 19, 2011 Credible Living Wills Under the U.S. Regulatory Framework
Client Memorandum
Client Publications
September 6, 2011 Dodd-Frank Progress Report
Client Publications
August 22, 2011 FINRA Files Amended Communications Rules – Impact on Broker-Dealers
Client Newsflash
Client Publications
August 1, 2011 SEC Adopts Large Trader Reporting Requirements
Client Memorandum
Client Publications
July 22, 2011 One-Year Anniversary Dodd-Frank Progress Report
Client Publications
July 21, 2011 SEC Proposes New Custody-Related Reporting and Audit Requirements for Broker-Dealers
Client Memorandum
Client Publications
July 1, 2011 Dodd-Frank Progress Report
Client Publications
June 22, 2011 SEC Approves New FINRA Rule Requiring the Qualification and Registration of Operations Professionals
Client Newsflash
Client Publications
June 17, 2011 CFTC and SEC Act to Defer Dodd-Frank Swaps Requirements
Client Memorandum
Client Publications
June 9, 2011 SEC Adopts Rule on Beneficial Ownership of Security-Based Swaps
Client Newsflash
Client Publications
June 1, 2011 Dodd-Frank Rulemaking Progress Report
Progress as of June 1, 2011
Client Publications
May 17, 2011 60 Days - Over 175 New Derivatives Provisions
Client Memorandum
Client Publications
May 2, 2011 Dodd-Frank Rulemaking Progress Report
Progress as of May 1, 2011
Client Publications
May 2, 2011 Treasury Proposes FX Swap and Forward Exemption
Client Newsflash
Client Publications
April 26, 2011 Credible Living Wills: The First Generation
Whitepaper by Davis Polk & Wardwell LLP and McKinsey & Company
Client Publications
April 20, 2011 CFTC Releases Swap Margin Proposal
Client Newsflash
Client Publications
April 14, 2011 Regulators Propose Swap Margin and Capital Rules
Client Memorandum
Client Publications
April 12, 2011 FINRA Proposes Rule on the Use of Third-Party Service Providers
Client Newsflash
Client Publications
April 5, 2011 FDIC Releases Joint Notice of Proposed Rulemaking on Resolution Plans and Credit Exposure Reports
Client Memorandum
Client Publications
April 4, 2011 Davis Polk Dodd-Frank Rulemaking Progress Report
Progress as of March 31, 2011
Client Publications
March 31, 2011 Federal Agencies Finalize Proposed Interagency Rule on Incentive-Based Compensation for Financial Institutions
Client Newsflash
Client Publications
March 3, 2011 Federal Agencies Propose Interagency Rule on Incentive-Based Compensation for Financial Institutions
Client Memorandum
Client Publications
February 14, 2011 Summary of the Federal Reserve’s Final Regulations on the Conformance Period for the Volcker Rule
Client Publications
February 9, 2011 Summary of Federal Reserve Proposed Rule on Definitions Related to Nonbank Financial Companies and Interconnectedness of Systemically Important Firms
Client Publications
January 24, 2011 SEC Study on the Fiduciary Duty of Investment Advisers and Broker-Dealers
Client Memorandum
Client Publications
January 19, 2011 Summary of the Section 622 Study and Recommendations Regarding Concentration Limits on Large Financial Companies, Released by the Financial Stability Oversight Council on January 18, 2011
Summary as of January 19, 2011
Client Publications
January 19, 2011 Summary of the Volcker Rule Study – Proprietary Trading
Summary as of January 19, 2011
Client Publications
January 19, 2011 Working Summary of the Financial Stability Oversight Council’s January 18, 2011 Proposed Rules on Designation of Systemically Important Nonbank Financial Companies
Summary as of January 19, 2011
Client Publications
November 30, 2010 CFTC Proposes to Register and Regulate Swap Dealers and Major Swap Participants
Client Memorandum
Client Publications
November 22, 2010 CFTC and SEC Propose Swap Data Reporting Rules
Client Newsflash
Client Publications
November 12, 2010 CFTC Proposes Swap Dealer and Major Swap Participant Rules
Client Newsflash
Client Publications
November 5, 2010 SEC Limits Direct Market Access
Client Memorandum
Client Publications
November 3, 2010 MSRB Extends Application of Its Rules and Registration to Municipal Advisors
Client Newsflash
Client Publications
October 15, 2010 SEC and CFTC Adopt Interim Final Rules on Reporting and Recordkeeping for Pre-Dodd-Frank Swaps
Client Newsflash
Client Publications
September 7, 2010 Proxy Access Year One: What to Expect and What to Do Now
General Counsel Update
Client Publications
September 3, 2010 SEC Adopts Rule Providing for Temporary Registration of Municipal Advisors
Client Newsflash
Client Publications
July 29, 2010 Davis Polk Launches Dodd-Frank Webcast Series
Client Publications
July 26, 2010 SEC Proposes New Regulatory Scheme for 12b-1 Mutual Fund Fees
Client Newsflash
Client Publications
July 21, 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act: Preliminary Assessment of Provisions Effective Immediately or Very Soon After Enactment
Client Memorandum
Client Publications
July 9, 2010 Davis Polk Regulatory Implementation Slides
Client Memorandum
Client Publications
July 9, 2010 Summary of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Passed by the House of Representatives on June 30, 2010
Client Memorandum
Client Publications
June 30, 2010 New Trading Pause Proposals to Include More Issuers
Client Newsflash
Client Publications
June 28, 2010 Senate-House Conference Agrees on Swap Pushout Rule
Client Memorandum
Client Publications
June 25, 2010 Senate-House Conference Agrees on Final Volcker Rule
Client Memorandum
Client Publications
June 7, 2010 SEC Proposes Consolidated Audit Trail
Client Memorandum
Client Publications
June 2, 2010 Financial Reform Side-by-Side Comparison Chart – Key Senate and House Bill Issues
Client Memorandum
Client Publications
June 2, 2010 Side-by-Side Comparison Chart – Key Senate and House Bill Issues
Client Memorandum
Client Publications
June 1, 2010 FINRA Proposes New Operations Personnel Qualification and Registration Requirements
Client Memorandum
Client Publications
May 22, 2010 Summary of the Restoring American Financial Stability Act, Passed by the Senate on May 20, 2010
Client Memorandum
Client Publications
April 20, 2010 SEC Proposes Large Trader Reporting System
Client Memorandum
Client Publications
April 19, 2010 SEC’s Latest Market Structure Initiative: Proposed Limitation on Options Market Access Fees
Client Memorandum
Client Publications
March 17, 2010 Summary of the March 15, 2010 Draft of the Restoring American Financial Stability Act, Introduced by Senator Christopher Dodd (D-CT)
Client Memorandum
Client Publications
March 11, 2010 New “PROP Trading Act” Would Expand “Volcker” Prohibitions
Client Memorandum
Client Publications
March 8, 2010 The SEC’s New Short Sale Rule: Implications and Ambiguities
Client Memorandum
Client Publications
March 4, 2010 Treasury Proposes “Volcker Rule” Legislative Text
Client Memorandum
Client Publications
February 24, 2010 SEC Approves New Short Sale Price Test
Client Newsflash
Client Publications
February 1, 2010 FINRA Proposes Changes to New and Continuing Membership Application Processes
Client Memorandum
Client Publications
January 27, 2010 SEC Proposes Rule Regarding Sponsored Access
Client Memorandum
Client Publications
January 26, 2010 SEC Proposes Rule Regarding Sponsored Access
Client Memorandum
Client Publications
January 25, 2010 President Obama Proposes Size and Activities Limits for Financial Institutions
Client Memorandum
Client Publications
January 22, 2010 FINRA Proposes Changes to Personnel Registration Requirements
Client Memorandum
Client Publications
January 19, 2010 SEC Issues Concept Release on Equity Market Structure
Client Memorandum
Client Publications
December 15, 2009 Summary of the Wall Street Reform and Consumer Protection Act Passed by the House of Representatives, December 11, 2009
Client Memorandum
Client Publications
November 17, 2009 SEC Proposes Additional Transparency for “Dark Pools” and Intends to Issue Additional Market Structure Proposals and Concept Release Soon
Client Memorandum
Client Publications
November 13, 2009 Summary of the Restoring American Financial Stability Act of 2009, Introduced by Senator Christopher Dodd (D-CT) November 10, 2009 Discussion Draft
Client Memorandum
Client Publications
November 12, 2009 The House and Senate Debate Resolution Authority
Client Memorandum
Client Publications
November 9, 2009 Investor Protection Act Passes House Financial Services Committee
Client Memorandum
Client Publications
October 29, 2009 Competing Over-the-Counter Derivatives Bills Progress Through the House
Client Memorandum
Client Publications
October 28, 2009 Consumer Financial Protection Agency Act Clears House Financial Services Committee
Client Memorandum
Client Publications
October 20, 2009 SEC and CFTC Release Joint Report on Harmonization of Regulation
Client Newsflash
Client Publications
October 9, 2009 General Counsel Update
Preparing for the 2010 Proxy Season: Spotlight on Risk
Client Publications
October 6, 2009 Representative Frank Releases Discussion Draft for Over-the-Counter Derivatives Reform
Client Memorandum
Client Publications
October 6, 2009 Representative Kanjorski Releases Investor Protection, Private Investment Fund Advisers Registration and Federal Insurance Office Proposals
Client Memorandum
Client Publications
September 21, 2009 SEC Proposes to Ban “Flash” Orders; Announces Broad Review of Market Structure Issues
Client Newsflash
Client Publications
August 31, 2009 FDIC Extends Cautious Welcome To Private Capital Investments In Failed Banks
Client Memorandum
Client Publications
August 31, 2009 Short Sales: SEC Staff Provides Guidance on Short Sale Order-Marking Issues, Updates Regulation SHO FAQs
Client Newsflash
Client Publications
August 17, 2009 Obama Administration Proposes Sweeping Legislation to Regulate Over-The-Counter Derivatives
Client Newsflash
Client Publications
July 28, 2009 Short Sales: SEC Adopts Final Rule 204, Allows Rule 10a-3T (Form SH) to Expire and Announces Other Short Sale Initiatives
Client Newsflash
Client Publications
July 28, 2009 The Regulatory Reform Marathon
Client Memorandum
Client Publications
July 20, 2009 Update on the Derivatives Provisions in the American Clean Energy and Security Act of 2009
Client Memorandum
Client Publications
July 13, 2009 Investor Protection Act of 2009
Client Newsflash
Client Publications
July 6, 2009 FDIC Proposes Conditions for Investments in Failed Banks by Private Capital Investors
Client Memorandum
Client Publications
July 1, 2009 Consumer Financial Protection Agency Act of 2009
Client Newsflash
Client Publications
June 22, 2009 A New Foundation for Financial Regulation?
Client Memorandum
Client Publications
June 18, 2009 SEC Publishes Proxy Access Proposal
Client Memorandum
Client Publications
June 17, 2009 Obama Administration White Paper on Financial Regulatory Reform: Executive Summary and Outline of Key Proposals
Client Newsflash
Client Publications
June 3, 2009 The National Conference Insurance Legislators' Model CDS Bill
Client Memorandum
Client Publications
June 1, 2009 Derivatives Provisions in the American Clean Energy and Security Act of 2009
Client Memorandum
Client Publications
May 27, 2009 Senator Schumer Proposes Key Governance Changes for U.S. Public Companies
Client Newsflash
Client Publications
May 20, 2009 Financial Crisis Inquiry Commission - Update
Client Newsflash
Client Publications
May 15, 2009 Financial Crisis Inquiry Commission
Client Newsflash
Client Publications
May 13, 2009 The Authorizing the Regulation of Swaps Act
Client Memorandum
Client Publications
May 4, 2009 Short Sale Proposals: Key Questions
Client Memorandum
Client Publications
April 14, 2009 The Debate Over Federal Insurance Regulation
Client Memorandum
Client Publications
April 8, 2009 Proposed Short Sale Restrictions
Client Newsflash
Client Publications
March 30, 2009 Treasury's Proposed Resolution Authority for Systemically Significant Financial Companies
Client Memorandum
Client Publications
March 30, 2009 Treasury's Rules of the Road for Regulatory Reform
Client Memorandum
Client Publications
March 25, 2009 The Public-Private Investment Program
Client Memorandum
Client Publications
March 20, 2009 Limited TLGP Extension and New Surcharge
Client Newsflash
Client Publications
February 24, 2009 FDIC to Discuss Guaranteeing Mandatory Convertible Debt Under the Temporary Liquidity Guarantee Program
Client Newsflash
Client Publications
February 4, 2009 SEC Publishes Final Rules and Proposes Additional Rules for Credit Rating Agencies
Client Newsflash
Client Publications
January 28, 2009 UK and US Financial Rescue Packages - A Survey
Client Memorandum
Client Publications
January 12, 2009 The Struggle Over the Second Half of TARP
Client Memorandum
Client Publications
December 4, 2008 SEC Approves Measures to Strengthen Oversight of Credit Rating Agencies
Client Newsflash
Client Publications
December 1, 2008 Credit Default Swap and Regulatory Restructuring Bills Proposed by Senator Harkin and Senator Collins
Client Memorandum
Client Publications
November 21, 2008 New York Revises its Plan to Regulate Credit Default Swaps
Client Newsflash
Client Publications
September 22, 2008 SEC Amends Order Temporarily Banning Short Sales of Financial Companies to Modify Scope of Covered Securities and Expand Exemption for Derivatives Market Makers
Client Newsflash
Client Publications
September 22, 2008 US Treasury Proposal Regarding Troubled Assets
Client Memorandum
Client Publications