SEC Adopts Interim Rule on Reporting and Record Retention for Pre-Enactment Security-Based Swaps
Broker-Dealer, Derivatives Section 766 of Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires the SEC to adopt an interim final rule for the reporting of security-based swaps entered into before July 21, 2010, the terms of which had not expired as of that date (“pre-enactment security-based swap transactions”), within 90 days of […] Read more →
FDIC Announces Director of New Division of Depositor and Consumer Protection
Banking The FDIC announced the appointment of Mark Pearce as director of the newly-established Division of Depositor and Consumer Protection, or DCP. The FDIC Board of Directors approved... Read more →
SEC Proposes Rules on Family Offices
Public Companies and Securities The SEC has proposed a rule pursuant to Section 409 of the Dodd-Frank Act to define “family offices” that would be excluded from the definition of an investment adviser under... Read more →