The Treasury Department issued an interim final rule that "establishes a fee for parties filing a formal written notice of a transaction for review by the Committee on Foreign Investment in the United States.”
The Federal Reserve Board delayed the effective date of its final rule revising the control framework under the Bank Holding Company Act and the Home Owners' Loan Act.
A CFTC proposal to apply federal speculative position limits to 25 "core referenced futures contracts" - including futures and options linked to those contracts and economically equivalent swaps - was published in the Federal Register.
The Congressional Research Service provided an overview of the current authority of the Committee on Foreign Investment in the United States following the recent implementation of the Foreign Investment Risk Review Modernization Act.
FINRA proposed amendments to the capital acquisition broker rules to widen the scope of firms eligible to operate as CABs and to make certain changes to the regulatory requirements applicable to CABs.
In a 3-2 vote, the CFTC proposed applying federal speculative position limits to 25 "core referenced futures contracts," including futures and options linked to those contracts and economically equivalent swaps.
FTC finalized annual revisions to the dollar jurisdictional thresholds in Section 7A of the Clayton Act and the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
The Federal Reserve Board adopted final amendments for determining whether, under the Bank Holding Company Act and the Home Owners' Loan Act, a company has the ability to exercise a controlling influence on another company.
An SEC proposal amending the application process for funds seeking exemptive relief under the Investment Company Act of 1940 was published in the Federal Register.
Cadwalader attorneys reviewed the DOJ and FTC Annual Hart-Scott-Rodino Report. The Report covers agency actions between October 1, 2017 and September 30, 2018.
Two companies agreed to pay $16 million to settle CFTC charges of wheat futures price manipulation. The CFTC agreed not to make "any public statement about this case."
The American Banking Association, SIFMA and the Institute of International Bankers proposed revisions to a Federal Reserve Board proposal to modify its regulations for determining "whether a company has the ability to exercise a controlling influence" on another company.
Several industry associations proposed amendments to an SEC-proposed new rule intended to "streamline and enhance" the regulatory framework for "funds of funds arrangements."
The SEC Division of Corporation Finance determined that, for the purposes of applying Exchange Act Rules related to "Collar Contracts," an insider will be deemed to own the corporation shares underlying the operating partnership units.
SIFMA and the Security Traders Association raised concerns about legislative proposals on capital formation and corporate governance currently under consideration by the U.S. Senate Committee on Banking, Housing and Urban Affairs.
An SEC-proposed new rule and amendments that would "streamline and enhance" the regulatory framework for fund of funds was published in the Federal Register.
