General Counsel
Tw Li

September 14, 2021

New Kids on the Block

President Biden to Nominate CFTC and FTC Commissioners

President Joseph R. Biden will nominate CFTC Commissioner Rostin Behnam to serve as the new CFTC Chair. He also named new nominees to serve as Commissioners on the CFTC and FTC.

Firm Settles Charges for Supervisory Failures over Partial Tender Offers

A firm settled FINRA, NYSE American, Nasdaq ISE, Nasdaq Phlx and Cboe Exchange charges for supervisory failures in connection with the Exchange Act's ban on tendering more shares in a partial tender offer than are owned by an individual.

Broker-Dealer Settles FINRA Charges for Failing to Properly Register Traders

Steven Lofchie

Commentary by Steven Lofchie

A broker-dealer settled FINRA charges for failing to qualify and register two associated individuals who supervised customer securities trading activity.

Also Covered

Investors and Regulators Turning up the Heat on Climate-Change Disclosures: Attempting to Make Sense of the State of Play in the US, EU, and UK