... U.S. Securities and Exchange Commission (SEC) SEC compliance SEC regulatory actions On April 14, 2021, the U.S. Senate confirmed the nomination of Gary Gensler for a five year term as the 33rd Chair of the U.S. Securities and Exchange Commission (“SEC” or “Commission”).[ 1 ] This change...

.... Securities and Exchange Commission (SEC) Regulation FD Investor relations Disclosure Material nonpublic information Materiality On March 5, 2021, the U.S. Securities and Exchange Commission (“SEC”) filed a complaint in the U.S. District Court for the Southern District of New York against AT&T...

...Holly Smith Purpose To explain how the U.S. Securities and Exchange Commission (SEC), in its Digital Asset Securities Release, issued on December 23, 2020, laid out its vision for how broker-dealers can comply with the custody requirements of Rule 15c3-3 under the Exchange Act (the Customer...

... an Adjusted Asset Coverage Ratio. Ryan Johnson can be contacted at: ryanjohnson@paulhastings.com © Paul Hastings LLP. 2021 Paul Hastings LLP. Licensed re-use rights only U.S. Securities and Exchange Commission (SEC) Business Development Companies Closed-End Funds Exemptive Relief COVID...

... & Spalding LLP. 2020 King & Spalding LLP. Licensed re-use rights only U.S. Securities and Exchange Commission (SEC) Disgorgement Kokesh v. SEC Liu v. SEC Securities laws National Defense Authorization Act (NDAA) This article is the latest in a series from the authors’ law firm...

... of Enforcement. M. Alexander Koch can be contacted at: akoch@kslaw.com © King and Spalding LLP. 2020 King and Spalding LLP. Licensed re-use rights only U.S. Securities and Exchange Commission (SEC) Disgorgement Liu v. SEC Kokesh v. SEC Securities laws Equitable relief Q5...

...Aldo M. Leiva; Michel E. Clark Purpose To examine the COVID-19 pandemic’s effects on regulated entities within the context of cybersecurity, US Securities and Exchange Commission (SEC) compliance, and parallel proceedings. Design/methodology/approach Describes the SEC’s ability to conduct its...

... by our insurance company clients and other interested parties. The implementation plan consists of seven phases: W. Thomas Conner can be contacted at: tconner@vedderprice.com © Vedder Price PC 2020 Vedder Price PC Licensed re-use rights only U.S. Securities and Exchange Commission...

...Kenneth Breen; Phara Guberman Purpose To analyze the U.S. Securities and Exchange Commission (“SEC”) Office of Compliance Inspections and Examinations (“OCIE”) June 2020 Risk Alert, which identified three categories of deficiencies that the SEC regularly finds in its reviews of advisers to private...

...Brad Karp; Andrew Ehrlich; Lorin Reisner; Audra Soloway; Richard Tarlowe; Maia Lichtenstein; Peter Vizcarrondo Purpose This paper aims to explain the US Supreme Court’s ruling in Kokesh v. SEC, which limited the U.S. Securities and Exchange Commission’s (SEC) ability to seek...

...Elaine Greenberg Purpose This paper aims to explain the U.S. Securities and Exchange Commission’s (SEC’s) recent Share Class Selection Disclosure (SCSD) Initiative, which offers potentially favorable settlement terms to investment advisers who self-report to the SEC’s Enforcement Division...

...Paul J. Delligatti; William P. Lane Purpose The purpose of this paper is to summarize and discuss the implications of three related U.S. Securities and Exchange Commission (SEC) no-action letters dated October 26, 2017 that seek to address the provisions of MiFID II related to “inducements...

... only U.S. Securities and Exchange Commission (SEC) Custody Rule Books and Records Rule Code of Ethics Rule Compliance Rule Required regulatory filings Only one month after releasing its exam priorities for this year, on February 7, 2017, the Securities and Exchange Commission (SEC...

... can be contacted at: stephen.cohen@dechert.com © Dechert LLP 2016 2017 Dechert LLP 2016 Licensed re-use rights only U.S. Securities and Exchange Commission (SEC) Form N-CEN Form N-PORT Investment companies Regulation S-X Modernized reporting On October 13, 2016, the U.S...

...Samuel Lieberman; John T. Araneo Purpose To discuss the US Securities and Exchange Commission’s (“SEC’s”) increasing focus on disclosure and conflict-of-interest problems arising from how private equity fund (“PE Fund”) managers allocate expenses between management and fund investors. Design...