On November 15, 2016, the SEC approved a plan to create a consolidated audit trail (the “CAT”) that will contain a record of order events for most equity and listed options transactio...
President-Elect Trump’s transition website promises to “dismantle the Dodd-Frank Act and replace it with new policies to encourage economic growth and job creation.” To help our cl...
On September 28, in a long-anticipated move, the SEC proposed to shorten the standard settlement cycle for most broker-dealer transactions to two business days after the trade date (T+2) ...
This article first appeared in Compliance Reporter.
A key hurdle in preparing for life as a security-based swap dealer (SBSD) will be implementing operational changes and written policies...
The SEC recently approved a FINRA proposal to establish a new limited membership category for broker-dealers engaged solely in certain corporate financing advisory and capital raising act...
On July 14, 2016, the Securities and Exchange Commission adopted amendments to and provided guidance on Regulation SBSR, its rules governing the reporting and public dissemination of secu...
On July 13, 2016, the Securities and Exchange Commission (“SEC”) proposed amendments (the “Proposal”) to Rule 606 of Regulation NMS that would require, for the first time, broker-...
In July 18, 2016, FINRA filed with the SEC a proposal that would expand the TRACE reporting rules to require FINRA members to report most transactions in U.S. Treasuries, which include Tr...
This article first appeared in Compliance Reporter.
The Securities and Exchange Commission recently finalized its business conduct requirements for security-based swap dealers (SBSDs).
The SEC adopted Business Conduct Rules for security-based swap dealers on April 14, 2016. The Business Conduct Rules address requirements analogous to those covered by the CFTC’s exter...
