SEC Approves New Rules Regarding Lost Holders of Securities
Broker-Dealer The SEC has approved new rules requiring broker-dealers to conduct searches for holders of securities with whom they have lost contact. A similar rule already applied to recordkeeping transfer agents, who are the intermediaries between the clearing house and the broker-dealer. The Dodd-Frank Wall Street Reform and Consumer Protection Act tasked the SEC with extending [...] Read more →
CFTC Issues Proposed Swaps Report for Public Comment
Derivatives The Commodity Futures Trading Commission, or CFTC, has issued, for public comment, a proposed CFTC Swaps Report that, when the proposal is finalized, will give the public a view... Read more →
SEC Issues Staff Summary Report of Examinations of Nationally Recognized Statistical Rating Organizations
Uncategorized The SEC has issued its second annual staff report on the findings of examinations of credit rating agencies registered with the SEC as Nationally Recognized Statistical Rating... Read more →
CFPB Now Taking Complaints on Credit Reporting
Consumer Protection The Consumer Financial Protection Bureau, or CFPB, has begun accepting consumer complaints about credit reporting, giving consumers individual-level complaint assistance for the... Read more →