Journal of Investment Compliance: Volume 17 Issue 3

Review of securities class action filings in 2015

Alexander Aganin

To provide an analysis of securities class action filings in 2015 along with related trends over time and a comprehensive current view of the securities class action landscape.

Whistling fast and furious: SEC and CFTC continue to issue awards

Mark Srere, Jennifer Mammen

To analyze the recent Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) whistleblower awards and to evaluate what issues may be important…

Dodd-frank implementation update: key differences between the CFTC and SEC final business conduct standards and related cross-border requirements

Paul M. Architzel, Dan M. Berkovitz, Gail Bernstein, Seth Davis, Ted Serafini

To analyze the differences between the SEC’s newly adopted final business conduct rules for security-based swap dealers and major security-based swap participants under Section…

FINRA rule amendment requires registration of associated persons who develop algorithmic trading strategies

Michael T. Foley, Janet M. Angstadt, Ross Pazzol, James D. Van De Graaff

To analyze a recently approved FINRA rule amendment that will require registration with FINRA of associated persons of FINRA-member firms who are primarily responsible for the…

SEC and FDIC proposed rules on the orderly liquidation of certain large broker-dealers

Andrew Blake, Robert Robinson, Alex Rovira, Charles Sommers

To alert financial market participants to rules jointly proposed by the US Securities and Exchange Commission (SEC) and US Federal Deposit Insurance Corporation (FDIC) regarding…

MSRB publishes its first compliance advisory for broker-dealers

Scott R. Anderson, Kate S. Poorbaugh

To summarize the Municipal Securities Rulemaking Board’s 2016 Compliance Advisory for brokers, dealers and municipal securities dealers.

MSRB and FINRA issue joint notice cautioning broker-dealers and municipal advisors about bank loans

Juliet H. Huang, James C. Burr, Richard A. Cosgrove, Nathan H.B. Odem

To alert lenders, broker-dealers and municipal advisors to a joint regulatory notice from the Municipal Securities Rulemaking Board (“MSRB”) and the Financial Industry Regulatory…

Current data security issues for financial services firms

Elizabeth Kemery Sipes, Joshua James, David Zetoony

To provide a roadmap for financial services firms in designing some key policies and procedures relating to their cybersecurity programs, including document retention policies…

Sun capital: PE funds face increased ERISA exposure

Edward Bintz, Douglas Pelley, Gregory Hughes

To explain the implications of a March 2016 US District Court decision in Sun Capital concerning two private equity funds’ joint and several liability for the withdrawal from a…

SEC releases additional no-action letters on “substantial implementation” of shareholder proxy access proposals

John Newell, An-Yen Hu, Bradley Weber

To explain a series of no-action letters recently released by the SEC’s Division of Corporation Finance that help to clarify the circumstances in which a company may exclude…