... These are direct excerpts designed to provide a useful digest for the reader and an indication of regulatory trends. Questions concerning this Notice should be directed to: Henry A. Davis can be contacted at: hdresearch@aol.com © Emerald Group Publishing Limited 2011 Regulation Financial...

... based on the scope of the individual's activities with respect to that account. Regulation Financial markets Securities markets United States of America This Notice provides guidance to firms on low‐priced equity securities in customer margin and firm proprietary accounts...

..., 2011, version of the OATS Technical Specifications. Firms should carefully review the OATS Technical Specifications for more details on these changes. Regulation Financial markets Securities markets United States of America Effective Date: July 11, 2011 The OATS order recording...

... Gleeson can be contacted at: simon.gleeson@cliffordchance.com © Authors 2011 Financial markets Financial services United Kingdom Any such power would give the FSA broad discretionary power. Precisely which products would the FSA chose to ban and how would any product developer genuinely...

... the rulemaking process closely, and will keep you updated with alerts in the future. In the meantime, we urge you to contact counsel with any questions relating to the Dodd‐Frank Act. Hedging Investment funds Legal advice Financial markets 2010 ushered in a number of significant changes...

... on Treasury bonds or notes. © Emerald Group Publishing Limited 2011 Regulation Financial markets Securities markets United States of America This Notice also announces the adoption of the Incorporated NYSE Rule 431 Interpretations, subject to certain amendments, as interpretations...

... Resolution Executive Committee of the Board [7] . © Emerald Group Publishing Limited 2010 Regulation Financial markets Securities markets United States of America Effective date: August 2, 2010 Effective August 2, 2010, the Board composition and governance structure of FINRA...

..., its role in the transaction, and other facts and circumstances of the offering, including whether the offerees are retail investors or more sophisticated institutional investors [2] . Regulation Financial markets Securities markets United States of America FINRA reminds firms...

... Publishing Limited 2010 Regulation Financial markets Securities markets United States of America FINRA Reminds Firms of Their Responsibilities Under FINRA Rule 2330 for Recommended Purchases or Exchanges of Deferred Variable Annuities FINRA reminds firms of their responsibilities...

... in Rule 7730 generally, including fees that are incorporated in FINRA Rule 7730(a)(1) for “Web Browser Access.” The most significant changes to the FINRA Rule 6700 Series and FINRA Rule 7730 regarding the expansion of the TRACE program are highlighted below. Regulation Financial markets...

... reviewed, nor edited it. For further detail as well as other useful information, the reader should visit www.finra.org . Henry A. Davis can be contacted at: hdresearch@aol.com © Emerald Group Publishing Limited 2009 Regulation Financial markets Securities markets United States...

...Eric Cafritz; Olivier Genicot; Benoit Ternon Purpose The purpose of this paper is to explain a recently adopted Ordinance (the “Reform Act”) and amendments to the General Regulation of the Autorité des Marchés Financiers (AMF) intended to improve the competitiveness of the French financial market...

... person's instructions. Regulation Financial markets Securities markets United States of America FINRA requests comment on proposed consolidated FINRA rule governing personal securities transactions for or by associated persons. As part of the process to develop a new consolidated...

... investigation into market manipulation. Robert J. Jossen can be contacted at: robert.jossen@dechert.com © Company 2009 Financial markets Financial institutions Litigation The Securities and Exchange Commission recently announced what it characterized as a “sweeping expansion of its...

... it. For further detail as well as other useful information, the reader should visit www.finra.org Henry A. Davis can be contacted at: hdresearch@aol.com © Emerald Group Publishing Limited 2009 Regulation Financial markets Securities markets United States of America Special purpose...

.../value The paper provides expert guidance on recent SEC releases by experienced securities lawyers. Securities Regulation Financial markets © Emerald Group Publishing Limited 2009 On September 17 and 18, 2008, the US Securities and Exchange Commission (the “SEC”) adopted three...

... of 19 public companies. FINRA Provides Clarification on SEC Guidance Regarding Emergency Orders Concerning Short Selling. Regulation Financial markets Securities markets United States of America © Emerald Group Publishing Limited 2008 Proposed paragraphs (b) and (c) in IM...

...Chuck Grieve; Simon Gleeson; Simon Crown Purpose The purpose of this paper is to analyze causes and regulators' responses to the current international financial market crisis. Design/methodology/approach The paper discusses warning signs of the crisis in world financial services markets...

... of regulatory trends. The FINRA staff is aware of this summary but has neither reviewed nor edited it. Regulation Financial markets Securities markets United States of America Attention should be paid in this Notice and the Rules to the distinctions between a “third‐party research report...

... products that have their own custom suitability requirements. Originality/value The paper provides practical guidance by experienced lawyers specializing in financial services. Alison C. Ryan can be contacted at: Alison.ryan@dechert.com © Company 2008 Financial markets Investment funds...