Today, the SEC issued an order temporarily exempting broker-dealers from the recordkeeping, reporting, and monitoring requirements of its large trader reporting rule (Rule 13h-1) that are...
Yesterday, the Federal Reserve issued guidelines clarifying when banking entities must bring their activities, investments, relationships and transactions into conformance with the Volcke...
The Securities and Exchange Commission has approved a significant overhaul of FINRA’s rules governing members’ communications with customers and the public. The revised communication ...
On April 2, 2012, the Board of Governors of the Federal Reserve System (the “Federal Reserve”) issued a Supplemental Notice of Proposed Rulemaking (the “Supplemental NPR”) and req...
On March 20, 2012, the CFTC finalized a package of rules related to swap clearing. The rules set standards for:
the arrangements that swap dealers (“SDs”), major swap participants (...
Yesterday, the Financial Stability Oversight Council issued its final rule and interpretive guidance setting forth the process by which it will designate a nonbank financial company as sy...
As of April 2, 2012, a total of 222 Dodd-Frank rulemaking requirement deadlines have passed. Of these 222 passed deadlines, 155 (69.8%) have been missed and 67 (30.2%) have been met with ...
On March 27, 2012, the House of Representatives passed the Jumpstart Our Business Startups Act (the “JOBS Act”), in the same form passed by the Senate on March 22, 2012. The JOBS Act ...
On February 23, 2012, the CFTC adopted final rules regarding the internal business conduct of swap dealers and major swap participants under the Dodd-Frank Act. The rules combine five sep...
On February 28, 2012, the CFTC and the SEC proposed rules and guidelines requiring financial institutions and other creditors under their respective jurisdiction to develop written identi...
