A firm faced with a regulatory investigation should hire outside counsel to bring objective analysis to the situation. Although it may seem simple, the question that must first be addressed
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So You Thought You Wanted To Be A Securities Lawyer
Lawyers have often been the brunt of cruel jokes. But now, a recent study reported on by the Bureau of National Affairs shows, lawyers are the target of securities regulators.
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Energy Executives Convicted Of Sending False Reports To Industry Newsletters
Its not often I write about criminal cases but this is one that all executives in the commodities industry need to know about. In Brooks v. United States, 681
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CFTC’s Record Enforcement Year And Record Budget Request
The CFTC announced today that it had a record enforcement year. The CFTC filed 102 enforcement actions in its fiscal year ended September 30, 2012, which is up slightly from
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NFA Holds Webinar For CPOs Exempt Under Regulation 4.13(a)(4)
In February, the CFTC issued a final rule amending Part 4 of the CFTC regulations to rescind the exemption from CPO registration for certain qualifying pools under Regulation 4.13(a)(4). To
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SEC AND CFTC LAUNCH AN ANTI MONEY LAUNDERING GROUP
The SEC and CFTC launched a working group to discuss and identify money laundering vulnerabilities.
These issues have lingered for awhile. Both agencies believe that there is an opportunity to
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Dodd-Frank; Is It Doomed To Fail?
Much has happened in nearly one since since the Dodd-Frank Act became effective, and much more remains. According to the recent thoughts of one commentator, Kyle Colona of Compliance EX
CFTC Revises Registration and Reporting Requirements for CPOs and CTAs
On February 9, 2012, the CFTC issued a final rule regarding changes to Part 4 of the CFTC’s regulations involving registration and compliance obligations for commodity pool operators (“CPO”) and
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SEC Issues guidelines for Form PF Reporting
The SEC published a small entity compliance guide for investment advisers relating to the new Form PF. These new reporting requirements affect SEC registered investment advisers with at least $150
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SEC Rule Making in 2012
Although the SEC’s rulemaking deferral regarding the uniform fiduciary standard has gained much press, the SEC’s other rulemaking initiatives pursuant to the Dodd-Frank Act march on, and will have a significant effect on broker dealers and investment