Journal of Investment Compliance: Volume 13 Issue 3

FINRA's 2011 enforcement record, priorities, and trends

Deborah G. Heilizer, Brian L. Rubin, Andrew M. McCormick

The paper's aim is to describe a recent increase in FINRA enforcement activity and to discuss how broker‐dealers and representatives may want to prepare themselves for FINRA's…

May foreign benefits plans invest in new issues under FINRA Rules 5130 and 5131

Samuel Francis

The purpose of this article is to analyze whether and how employee benefits plans established in foreign jurisdictions may participate in initial equity public offerings in the…

OFAC compliance in the securities and investment sector

The purpose of this paper is to highlight some of the most significant US sanctions risks faced by persons that operate in the securities and investment marketplace, in order to…

JOBS Act eases securities‐law regulation of smaller companies

Richard J. Parrino, Peter J. Romeo

The purpose of this paper is to review the principal provisions of the Jumpstart Our Business Startups (JOBS) Act, which was enacted in April 2012 and represents significant…

CFTC's rulemaking on the segregation of cleared swaps customer collateral: LSOC and beyond

Paul M. Architzel, Petal P. Walker

The paper's aim is to explain the rules the Commodity Futures Trading Commission has adopted for the segregation of cleared swaps customers' collateral as mandated by the…

CFTC proposes harmonization rules for mutual funds

Rita Molesworth, Deborah A. Tuchman, Dianne E. O'Donnell, Jonathan Burwick, James Lippert

The paper aims to analyze amendments proposed by the US Commodity Futures Trading Commission to its disclosure, recordkeeping and reporting rules that are designed to resolve or…

CFTC and SEC jointly adopt final swap entity definition rules

Allison Lurton, Bruce Bennett, William Massey, Robert Fleishman, Mark Herman, Michael Sorrell, Ronald Hewitt

The aim of the paper is to explain the joint final rules adopted on April 18, 2012 by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission…

A mixed report for money laundering officers

Martin Saunders, Chris Stott

The aim is to explain the meaning of a May 2012 High Court decision and Financial Services Authority fine and their importance for money laundering reporting officers (MLROs) and…

SEC approves new FINRA rules governing communications with the public

Joseph P. Kelly, Elliott R. Curzon

The paper aims to explain the new Financial Industry Regulatory Authority (FINRA) rules governing communications with the public approved by the Securities and Exchange Commission…

SEC approves MSRB's new underwriter disclosure requirements

W. Hardy Callcott, Elizabeth H. Baird, Timothy C. Foley, Paul M. Tyrrell

The aim is to explain certain disclosure and other obligations of municipal securities dealers when they act as underwriters to municipal securities issuers, as contained in a…

China's QFII regime: a complete review of the regulatory scheme and compliance risks

Mark Shipman

The paper aims to explain regulatory issues and considerations as to future regulatory changes that Chinese regulators may implement with regard to the Qualified Foreign…

Selected FINRA notices and disciplinary actions, March‐May 2012

Henry A. Davis

The aim is to provide details of selected Financial Industry Regulatory Authority (FINRA) Regulatory Notices and Disciplinary Actions issued in March, April and May 2012.

Editor column

Henry A. Davis