Journal of Investment Compliance: Volume 11 Issue 2

ABCs of ISDA agreements: advising the investor

Robert A. Robertson, Gerardo Perez‐Giusti

The purpose of this paper is to provide an introduction to benefits of using over‐the‐counter (OTC) derivatives when implementing an investment strategy. The paper aims to examine…

The control system in the Italian banking sector: recent changes in the application of Legislative Decree No. 231 of June 8, 2001

Gabriella Opromolla, Michela Maccarini

The purpose of this paper is to analyze the application of the rules governing the control system in the banking sector, particularly with respect to the impact of Legislative…

Index futures trading, margin trading and securities lending in China finally launched

Paget Dare Bryan, Yang TieCheng, Patrick Phua

The purpose of this paper is to discuss the trial implementation of stock index futures trading, margin trading and securities lending in China – approved in principle by the…

Supreme Court upholds Gartenberg standard in Jones v. Harris

Cameron S. Avery, Paul H. Dykstra, Richard M. Phillips, Paulita A. Pike, W. Rotunno, Gwendolyn A. Williamson

The purpose of this paper is to analyze the US Supreme Court's March 30, 2010 decision in Jones v. Harris Associates, LP concerning the evaluation of investment advisory fees…

SEC provides details on amendments to money market fund rules

John Hunt

The purpose of this paper is to provide a detailed discussion of the SEC's recent amendments to Rule 2a‐7 and other rules under the Investment Company Act of 1940 that affect…

SEC amends the Advisers Act custody rule

Jessica Forbes, Mark Molle

The purpose of this paper is to explain amendments to the Investment Advisers Act custody rule, that recently became effective, which are intended to provide advisory clients with…

SEC proposes changes to stock buyback safe harbor

Laurie A. Cerveny, Floyd I. Wittlin, Michael P. O'Brien, Michael R. Trocchio

The purpose of this paper is to explain the Securities and Exchange Commission's recently proposed amendments to Rule 10b‐18 under the Securities Exchange Act of 1934 that are…

FINRA issues proposed rules on securities lending, permissible use of customer securities and callable securities

Jessica Forbes, Gregory P. Gnall

The purpose of this paper is to explain three new rules FINRA has proposed as part of the process of developing a consolidated rulebook: Rules 4314 (Securities Loans and…

FINRA implements same‐day clearance process of shelf registration statements

Stuart Bressman, Theodore J. Ghorra

The purpse of this paper is to explain the new “Same‐Day Clearance Option” FINRA has made available to issuers and members effective March 1, 2010.

Summary of selected FINRA regulatory notices January‐March 2010

Henry A. Davis

The purpose of this summary is to provide excerpts of selected Financial Industry Regulatory Authority (FINRA) Regulatory Notices and Disciplinary Actions issued in January…

Editor column

Henry A. Davis