Issues

SEC enforcement actions under exchange act rule 21F-17

SEC shortens standard settlement cycle to T+2

Cross border master-feeder arrangements: SEC staff slightly expands utility of offshore feeders for global investment management firms, but tax and other challenges remain

SEC approves new continued listing standards for ETFs

US securities and exchange commission’s division of investment management issues guidance regarding robo-advisers

SEC publishes important guidance on the Custody Rule, participating affiliate arrangements, robo-advisers, Form PF and certain compliance topics

SEC charges broker-dealer and AML officer for failing to file SARs related to pump-and-dump scheme

AML compliance in the age of individual accountability

FINRA releases guidance on social media and digital communications

CFTC’s demanding new cooperation guidelines for companies and individuals

Selling structured products to retail investors in the US

SEC approves FINRA’s rules to protect seniors from financial exploitation

MIFID2 – the impact on non-EU fIRMS

Money laundering: further clarity provided by the Court of Appeal on the operation of the consent regime

The Private Fund Limited Partnership: a new fund vehicle for the UK

The FCA’s new enforcement process – what will work, and what won’t

SFC reminding sponsors of the need to adopt an attitude of “professional scepticism”

Investment recommendations under the Market Abuse Regulation (MAR) – operative guidelines issued by the Italian Securities and Exchange Commission (CONSOB)