We try to cover all of the significant legislative and regulatory events affecting financial services and the securities and commodities markets. 

The general format of the news items is that we provide the published documents, along with a brief description that we intend to be plain and straightforward.  

For items of significant policy interest, or that may require material action or response by regulated entities, we may provide additional guidance and…

When considering financial regulation (and regulation generally) and their expressed attitudes towards the financial system, the two platforms are positioned almost diametrically in opposition. It is necessary, therefore, to say something about the parties' views of the role that government should play both in providing employment and in the role of private enterprise. The Republican platform is based on the standard position that private enterprise is to be strongly encouraged and is…

Any investment banks that are involved in the distribution of REITs should review NASAA's standards carefully in order to determine how their activities will be affected.

A disproportionate number of individuals who are paid less because of rules like the ones in this proposal happen to work and pay taxes in the New York metropolitan area. New York politicians should consider the negative effect that targeting the financial industry can have on the local economy. Perhaps the localized impact would not matter if such rules made for good public policy. Unfortunately, government-imposed pay rules are a purely political calculation and not based on economic…