The Investment Company Institute and the Chamber of Commerce of the United States have brought suit against the Commodity Futures Trading Commission to...
The Financial Stability Oversight Council has adopted a final rule and interpretive guidance concerning its standards and processes for determining that a...
President Obama today signed into law H.R. 3606, the Jumpstart Our Business Startups Act. The Act's provisions are immediately effective with respect to...
The U.S. House of Representatives, by a 380 - 41 vote, has passed H.R. 3606, the Jumpstart Our Business Startups Act, in the form previously approved by the...
With surprisingly little fanfare, the U.S. Senate, by a vote of 73 - 26, today passed its version of H.R. 3606, the proposed Jumpstart Our Business Startups...
The Commodity Futures Trading Commission, by a 4 - 1 vote, has sharply narrowed the exemptions from commodity pool operator status that are available with...
The Securities and Exchange Commission will seek further public comments and data before proposing any rule to impose a fiduciary duty on broker-dealers,...
The Securities and Exchange Commission's Office of Compliance Inspections and Examinations has issued a National Examination Risk Alert on Investment Adviser...
A federal bankruptcy judge has ruled that investors in TBA contracts do not have customer claims under the Securities Investor Protection Act of 1970. In re...
As widely reported, Federal Judge Jed Rakoff has refused to approve a consent judgment sought by the Securities and Exchange Commission. SEC v. Citigroup...
The Securities and Exchange Commission has announced the settlement of an enforcement action against the primary investment adviser to a closed-end fund for...
Money market fund reform continues to have a high profile at the Securities and Exchange Commission, according to SEC Chairman Mary Schapiro, who devoted the...
The Financial Stability Oversight Council has reproposed a rule and proposed interpretive guidance to describe the manner in which the FSOC intends to...
The U.S. Court of Appeals for the Second Circuit has ruled that the Financial Industry Regulatory Authority does not have the authority to bring court actions...
The staff of the Securities and Exchange Commission has provided conditional no-action relief from a recordkeeping requirement for the pay-to-play rule....
The Securities and Exchange Commission has announced that it will not seek rehearing or Supreme Court review of the decision of the U.S. Court of Appeals for...
On August 31, 2011, the Securities and Exchange Commission (the "SEC") held an open meeting (the "Meeting") where the Commissioners unanimously approved (1) a...
The Securities and Exchange Commission, in a formal opinion, has affirmed the initial decision of an administrative law judge that a mutual fund portfolio...
The Government Accountability Office, in a report required by the Dodd-Frank Act, has not recommended any significant changes to mutual fund advertising rules,...
The U.S. Court of Appeals for the D.C. Circuit has vacated the Securities and Exchange Commission's Rule 14a-11, which would have required public companies to...
On July 6, 2011, the Commodity Futures Trading Commission staff ("CFTC") hosted a roundtable to discuss the proposed changes to the registration and compliance...
The United States Supreme Court has ruled that an investment adviser to a mutual fund cannot be held directly liable under Rule 10b-5 for misstatements in the...
The Securities and Exchange Commission has announced that it will consider the adoption of rule changes with respect to investment adviser registration, as...
The Securities and Exchange Commission has announced that it will consider adopting rules to implement the whistleblower provisions of the Dodd-Frank Act at an...
The Securities and Exchange Commission has issued notice of FINRA's proposal to adopt a version of NASD Rule 2830, governing the sale of investment company...
The Securities and Exchange Commission has proposed a rule change and given notice of its intent to issue a related order that would narrow the universe of...
The Securities and Exchange Commission likely will allow additional time for investment advisers to make registration changes required by the Dodd-Frank Act,...
The Securities and Exchange Commission today posted an Update Regarding SEC Functions During the Federal Government Shutdown. The update gives a relatively...
The Securities and Exchange Commission has proposed rule changes to remove the use of credit ratings from rules and forms under the Investment Company Act of...
FINRA has adopted new Rule 4530, requiring members to report regulatory violations to FINRA. Regulatory Notice 11-06 (Feb. 2011). Adopted as part of FINRA's...
