SIFMA provided recommendations to the Treasury Department concerning Internal Revenue Code rules governing withholding on “dividend equivalent payments” on derivatives that reference U.S. equity securities.

IOSCO released a new report providing cross–border guidance for various regulatory approaches to cyber security, and tools with which to respond to cyber risk.

SIFMA Executive Vice President and General Counsel Ira D. Hammerman argued that regulators second-guess compliance decisions and threaten implicitly to bring enforcement actions against compliance officers with whom they disagree.

The Department of Labor adopted its final regulation addressing the definition of who is a fiduciary of an employee benefit plan under ERISA, by virtue of giving investment advice to a plan, its participants or its beneficiaries.

A U.S. District Court Judge denied a renewable energy company's Motion for Summary Judgment in a case involving violations of the False Claims Act. The case concerns allegations that the renewable energy company committed fraudulent actions from which it received approximately $136,800,000 in grant money from the United States.