Title

Investment Management Regulatory Update
Client Newsletter

Created date

6/10/2011
SEC Rules and Regulations 
* SEC Proposes Rule on Disqualification of "Bad Actors" from Rule 506 Offerings

Industry Update 
* FINRA Delays Implementation of Rule 5131(b) Prohibition on Spinning, Giving Fund Managers More Time to Collect Necessary Investor Information
* Treasury Extends First Reporting Date for Proposed Form SLT to September 30, 2011
* SEC Holds Roundtable on Money Market Funds and Systemic Risk

Litigation 
* SEC Enters Into First-Ever Deferred Prosecution Agreement with Tenaris S.A. to Settle FCPA Violations
* FINRA Fines Wells Fargo Advisors $1 Million for Delays in Delivering Prospectuses and Reporting Required Information Regarding its Brokers