Posts from Steve Quinlivan
SEC to Examine Significant Percentage of New Hedge Fund Registrants
Investment Advisers Norm Champ, Deputy Director, Office of Compliance Inspections and Examinations at the SEC, gave his insghts as to the SEC’s plans to examine hedge fund sponsors who were required to newly register as investment advisers under the Dodd-Frank Act. According to Mr. Champ, the SEC strategy for these new registrants will include: an initial phase [...] Read more →
Banking Agencies Clarify Stress Testing and Address Obligations of Community Banks
Banking The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation issued final supervisory guidance regarding stress-testing... Read more →
CFTC Announces Proposed Rulemaking Schedule
Derivatives The CFTC has announced a proposed rulemaking schedule. Some of the highlights include: The end-user exemption and other matters related to mandatory clearing are scheduled for... Read more →
JOBS Act and Other SEC and Dodd-Frank Developments
Public Companies and Securities Jill Radloff and I recently gave a presentation at a CLE session in Minneapolis, Minnesota on the JOBS Act and Other SEC and Dodd-Frank developments. We covered: The repeal of... Read more →
SEC Official Discusses Risks and Examination Process for Private Equity
Investment Advisers, Private Equity Carlo V. di Florio, who is the Director of the Office of Compliance Inspections and Examinations at the SEC recently gave his views as to key points the SEC will consider in the... Read more →
FDIC Issues Final Rule on Mutual Insurance Holding Companies
Insurance The FDIC has issued a final rule that treats a mutual insurance holding company as an insurance company for purposes of Section 203(e) of the Dodd-Frank Wall Street Reform and... Read more →
JOBS Act Rulemaking
Public Companies and Securities We, like others, are anxiously awaiting the JOBS Act rule making which will permit general solicitation in Rule 506 offerings. We believe however, there may be some bumps in... Read more →
CFPB Examining Arbitration
Banking, Consumer Protection The Consumer Financial Protection Bureau, or CFPB, has launched a public inquiry into how consumers and financial services companies are affected by arbitration and arbitration... Read more →
Takeover Defense in Minnesota
Public Companies and Securities I was a guest speaker for a Corporations class at Hamline School of Law in St. Paul, Minnesota. I addressed takeover defense in Minnesota and my presentation covered: the... Read more →
Issuer Changes Course on Say-on-Pay Frequency
Executive Compensation, Public Companies and Securities Last year, Invesco Mortgage Capital’s shareholders indicated a preference for an annual say-on-pay vote. Nonetheless, the board adopted a triennial frequency policy. ... Read more →