Norton Rose Fulbright's Global Asset Management Review features a collection of articles from partners and other senior practitioners active in the funds, asset management and financial services regulation space. These articles will focus on some of the key regulatory, market and transactional developments across a range of core global jurisdictions.
News & Insights
In response to a Treasury Department Request for Information on the impact of AI on the financial sector, Republican leaders of the House Financial Services Committee "committed to fostering an environment where AI can thrive, while protecting consumers and maintaining market integrity."
CFPB Director Rohit Chopra reported that the "Buy Now, Pay Later" industry responded "favorably and constructively" to a recent CFPB interpretive rule on how "existing federal laws and regulations, like the Truth in Lending Act and Regulation Z, apply to BNPL loans."
The New York Stock Exchange withdrew its application to list and trade options based on the Bitwise Bitcoin ETF and the Grayscale Bitcoin Trust.
A firm settled FINRA charges for sending misleading communications on private placements sold to retail investors and for failing to timely file private placement offering documents.