The Managed Funds Association ("MFA") and the Alternative Investment Management Association ("AIMA") submitted a letter to John Ramsay, Acting Director of the SEC's Division of Trading and Markets, to express buy-side concerns with the SEC's requirements for approving individual broker-dealer/...
See below for date, rulemaking discussed, CFTC staff present, visitors, and organizations represented. WHEN: 9/11/2012 Rulemaking(s): Capital Margin General CFTC Staff: John Lawton Doug Leslie Stephen Sherrod Riva Adriance Amanda Olear Jacqueline Mesa John Riley Visitor(s): Jiri Krol, Director of...
The SEC granted a request for relief from Section 11(d)(1) of the Securities Exchange Act of 1934 with respect to extensions of credit on ETF shares by Charles Schwab & Co., Inc. The SEC confirmed that Schwab could extend margin credit on the ETF shares in spite of the fact it had certain (very...