Events listed in [SEC] U.S. Securities and Exchange Commission
Order Granting Broker-Dealers Exemptive Relief, Pursuant to Section 36(a) and Rule ...
ID 25562
The U.S. Securities and Exchange Commission (SEC) has published a new order to provide relief to broker-dealers under Rule 17 CFR Part 240, § 240.15c2-11 of the Securities Exchange Act of 1934 when dealing with so-called „Rule 144A“ fixed-income securities, thereby recognizing the unique characteristics of these securities and the specific investor base they cater to. Specifically, 17 CFR Part 240, § 240.15c2-11 of ...
SEC Proposes Rule to Address Volume-Based Exchange Transaction Pricing for NMS ...
ID 25373
The U.S. Securities and Exchange Commission (SEC) has published a press statement to announce an upcoming consultation on proposed new rules for national exchanges as regards the fees they may charge to exchange participants for NMS stock orders. Specifically, in an effort to remove disadvantageous pricing schedules for smaller exchange participants (those with less volume) so as to foster competition among market participants and ...
SEC Division of Examinations Announces 2024 Priorities
ID 25338
The U.S. Securities and Exchange Commission’s Division of Examinations has published its key priorities regarding the examination of SEC supervised firms in 2024. Although the document covers a large range of entities under the SEC’s remit, the following text provides a brief summary of priorities concerning investment advisers, investment companies, and broker-dealers only. For examination priorities regarding other firms such as securities exchanges or ...
SEC Adopts Rule to Increase Transparency in the Securities Lending Market
ID 25332
Following a corresponding consultation in November 2021 (EventID 13225), the U.S. Securities and Exchange Commission (SEC) has now published its final rule as regards the reporting of security lending transactions to a registered national securities association (RNSA), with the Financial Industry Regulatory Authority (FINRA) currently being the only RNSA in the United States. #### Background To recall, in an effort to bring about more ...
SEC Adopts Rule to Increase Transparency Into Short Selling and Amendment to CAT ...
ID 25330
The U.S. Securities and Exchange Commission (SEC) has published a press statement to inform of the finalization of new rules regarding short sales reporting – particularly of institutional fund managers – and new rules regarding certain data submissions and recordkeeping of broker-dealers in the context of short sales activities. The final rules follow a corresponding consultation in 2022 (EventID 14622), and will – so ...
SEC Adopts Amendments to Rules Governing Beneficial Ownership Reporting
ID 25266
Over a year and a half following a corresponding consultation on the issue (EventID 14575), the U.S. Securities and Exchange Commission (SEC) has published its final rule relating to changes to the beneficial ownership reporting requirements of firms and individuals holding 5% or more of U.S. securities. The final rule thereby outlines the feedback the Commission has received to its consultation and presents the ...
SEC Proposes Tailored Registration Form for Offerings of Registered Index-Linked ...
ID 25152
The U.S. Securities and Exchange Commission, SEC, has published a press statement to inform of an upcoming consultation in connection with offerings of registered index-linked annuities (RILAs). RILAs are annuities that typically provide some principal protection while offering the potential for growth tied to the performance of a stock market index. As RILAs can have various forms and designs, for instance with caps on ...
Registration form for open-end management investment companies (PDF)
ID 25090
The U.S. Securities and Exchange Commission (SEC) has published new Form N-1A related to the registration of open-end management investment companies (mutual funds). The new form must be used for registration beginning October 2, 2023 and will be valid through July 31, 2026 unless otherwise modified before, following the approval of the Office of Management and Budget (OMB). Form N-1A requires essential information about ...
SEC Adopts Rule Enhancements to Prevent Misleading or Deceptive Investment Fund ...
ID 25016
Following a corresponding consultation in May 2022 (EventID 15777), the U.S. Securities and Exchange Commission (SEC) has now announced its final rule relating to the naming of investment funds. In this rule, the SEC describes the feedback it has received to its consultation and stipulates the final provisions as they will come into force two months following the rule’s publication in the Federal Register ...
SEC Approves Revised Privacy Act Rule
ID 25014
Following a corresponding consultation in February this year (EventID 19805), the U.S. Securities and Exchange Commission has now published its final amendments to the SEC’s so-called „Privacy Act Rule“ (17 CFR Part 200 – Subpart H) which stipulates requirements as to the access to and the provision and request of information that is held by the SEC about an individual. The final modifications will ...