Davis Polk partner Zachary Zweihorn and senior counsel Annette Nazareth co-authored the “Federal Securities Regulation: Securities Act and Exchange Act” section of the American Bar As...
A recent SEC conditional no-action position (the “No-Action Statement”) has further opened the regulatory door to trading of digital asset securities (“DAS”), by allowing certain ...
This deck describes our view of the road ahead for financial regulatory reform under a Biden Presidency, and updates the deck we published shortly after the 2020 election to reflect the D...
This deck describes our view of the road ahead for financial regulatory reform under a Biden Presidency and a Republican Senate. We see most of the action coming from the regulators, not...
A divided SEC voted last week to issue a Proposed Exemptive Order (the Proposal) that would, if adopted, permit natural person “finders” to engage in certain private capital raising a...
In a game-changing development for the future viability of digital asset securities trading, staff of the Division of Trading and Markets of the SEC issued a No-Action Letter to FINRA on ...
Davis Polk partner Zach Zweihorn co-authored “What is a broker-dealer?” a chapter in the second edition of Broker-Dealer Regulation. The chapter discusses the Securities Exchange Act ...
The U.S. prudential regulators have finalized amendments to their non-cleared swap and security-based swap margin regulations. Among other things, the amendments:
permit prudentially r...
The CFTC last week formally withdrew its controversial Proposed Regulation Automated Trading (Proposed Reg AT) and—consistent with Chairman Tarbert’s principles-based approach to regu...
Davis Polk partner Annette Nazareth was the contributing editor for the 2020 edition of Getting the Deal Through: Financial Services Compliance, a compilation of the rules and approaches ...
