Journal of Investment Compliance: Volume 19 Issue 3

The SEC Speaks 2018: the US Securities and Exchange Commission’s current priorities and conference overview

Gerald J. Russelo, Stephen L. Cohen, Jose F. Sanchez

This paper aims to highlight certain comments made by US Securities and Exchange Commission (SEC) officials, which may provide insight into compliance and enforcement issues that…

SEC’s Fixed Income Market Structure Advisory Committee discusses bond market liquidity in its inaugural meeting

Andre Owens, Cherie Weldon

The purpose of this paper is to summarize the January 11, 2018, Fixed Income Market Structure Advisory Committee’s (“FIMSAC”) inaugural meeting held at the US Securities and…

The SEC’s final rule regarding price quotes and research reports relating to security-based swaps

James Schwartz

This paper aims to summarize the requirements of a new US Securities and Exchange Commission (SEC) rule regarding certain communications relating to security-based swaps in the…

Beyond disgorgement: the impact of Kokesh on the SEC’s pursuit of equitable remedies

Brad Karp, Andrew Ehrlich, Lorin Reisner, Audra Soloway, Richard Tarlowe, Maia Lichtenstein, Peter Vizcarrondo

This paper aims to explain the US Supreme Court’s ruling in Kokesh v. SEC, which limited the U.S. Securities and Exchange Commission’s (SEC) ability to seek the remedy of…

CFTC enforcement trends in 2017 and considerations for 2018

Peter Malyshev, Jennifer Achilles, Jill Ottenberg, Jessica Stumacher

This paper aims to discuss the types of cases that were brought by the Commodity Futures Trading Commission (CFTC) in 2017 and what to expect in 2018.

SEC whistleblower retaliation – and the federal securities laws – after Digital Realty

Aegis Frumento, Stephanie Korenman

The purpose of this paper is to analyze the Supreme Court’s recent decision in Digital Realty Trust, Inc v. Somers and its significance for whistleblower retaliation remedies and…

Blockchain and virtual currency regulation in the EU

Jurgita Miseviciute

This paper aims to explain the current stage of blockchain and virtual currency regulation in the EU.

Considerations for Asian fund managers under the US New partnership audit regime

Anne-Marie Godfrey, Stuart Leblang, Ron Grabov-Nardini, Monte Jackel

This paper aims to explain how the Bipartisan Budget Act of 2015, as modified by the Protecting Americans from Tax Hikes Act of 2015, changes the way the US Internal Revenue…

Commodity Futures Trading Commission issues advisory for virtual currency pump-and-dump schemes

Richard Rosenfeld, Alex Lakatos, David Beam, Jennifer Carlson, Nina Flax, Philip Niehoff, Matthew Bisanz, Nicholas McCoy

The purpose of this paper is to explain innocent actors in the virtual currency space (e.g. virtual currency exchanges, financial institutions, social media platforms) and how to…

SFC’s new guidance note redefines cooperation in disciplinary, civil court and market misconduct tribunal proceedings

Cynthia Tang, Bryan Ng, Gloria Ng

The purpose of this paper is to discuss the new “Guidance Note on Cooperation with the SFC” released by the Hong Kong Securities and Futures Commission (“SFC”) on 12 December…