News & Insights

1075 Results
May 09, 2012

NASAA/SEC 19(d) Conference Washington, D.C. In discussing partnership opportunities for the SEC and NASAA, Commissionar Aguilar discussed a number of issues where he sees federal and state regulatory cooperation and collaboration as critical to the success of the underlying policy. Cross References: Dodd-Frank Sections 403 and 911; Advisers Act Section 203(b)(3); Exchange Act Sections 39(b)(1)(C), 39(b)(1)(B), and 39(b)(1)(D)(i); JOBS Act Section 302(c). View speech in full here (links externally to SEC website).

June 13, 2012

The SEC yesterday released a public statement by Commissioner Luis A. Aguilar regarding the Investor Advisory Committee. He called upon the Committee for input on regulatory priorities, on disclosure and other regulatory issues, on initiatives to protect investor interest, and on initiatives to promote investor confidence and the integrity of the securities marketplace, among other issues he hopes the Committee will address in the future. View speech in full here (links externally to SEC website).

August 28, 2012

The CFTC is adopting certain conforming amendments to the CFTC's regulations regarding the registration of intermediaries consistent with other CFTC rulemakings issued pursuant to the Dodd-Frank Act and other non-substantive, technical amendments to its regulations. The conforming amendments consist largely of added references, where appropriate, to rules relating to SDs, MSPs and swap execution facilities (SEFs). Effective Date: October 29, 2012 Cross Reference(s): Dodd Frank Title VII. The following CFTC rules are to be amended by this release: 3.1 (Definitions) 3.2 (Registration processing

November 26, 2012

The UK Chancellor of the Exchequer announced today that Mark Carney, current governor of the Bank of Canada and Chairman of the Financial Stability Board, will succeed Sir Mervyn King as governor of the Bank of England on July 1, 2013. Carney will serve a fixed term of eight years and will hold new regulatory powers over banks as part of the transfer of responsibilities for U.K. financial services regulation set to become effective in January 2013.

December 11, 2012

The CFTC's Division of Swap Dealer and Intermediary Oversight (DSIO) announced the issuance of the attached no-action letter relating to the fingerprinting requirement under CFTC Rule 3.10(a)(2) for certain principals of CFTC registrants. The no-action letter is in response to requests from market participants for relief from the fingerprinting requirement for principals of CFTC registrants where the principals have not resided in the United States since reaching 18 years of age (Non-U.S. Principals). Specifically, the no-action letter provides that DSIO will not recommend an enforcement