The SEC’s Busy Rule-Making Agenda for Implementation of Dodd-Frank

In many instances, the Dodd-Frank Wall Street Reform and Consumer Protection Act merely set a framework for financial reform and left much of the heavy lifting to the financial regulatory agencies. The SEC published their agenda for the implementation of Dodd-Frank . It is a long list. Compliance...

Sutherland Alert: CFTC Issues Sixth Series of Proposed Rules Under Dodd-Frank Including Rules to Further Define Swap Entities December 2, 2010

by The Sutherland Regulatory Reform Task Force Team The Commodity Futures Trading Commission (CFTC) issued its sixth series of proposed rules under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) at an open meeting held yesterday, Wednesday, December 1, 2010. The proposed...

SEC Votes on Accredited Investor, “Say on Pay”

The Securities and Exchange Commission was very busy today in their latest work implementing the Dodd-Frank bill. In addition to proposing new rules relating to registration of investment firms (and unveiling a new proposed form to do so), they acted on the "accredited investor" definition...

WikiLeaks Versus the SEC

No, (to my knowledge) Wikileaks hasn't released detailing corruption in the SEC. Instead, Sherron Watkins, the primary whistleblower in the Enron fraud, weighed in on the SEC's new incentives for whistleblowers . In a panel discussion about whistleblowers held by the New York State Society...

SEC Adopts Rules Establishing Whistleblower Program Under Dodd-Frank Act

WASHINGTON, D.C. - (Mealey's) The Securities and Exchange Commission on May 25 adopted 17 new rules providing for whistleblower incentives and protection under the Securities Exchange Act of 1934, bringing it in compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act. The...

SEC Commissioner Paredes Speaks at Stanford Directors' College

I am on the ground in Palo Alto this week at the annual Stanford Law School Directors' College , where the opening speaker on Sunday night was SEC Commissioner Troy Paredes , whose presentation was in the form of a dialog with Stanford Law Professor and former SEC Commissioner Joseph Grundfest...

SEC’s Whistleblower Annual Report

Dodd-Frank added Exchange Act Section 21F(g)(5) and requires that SEC's Office of the Whistleblower to report to Congress annually on the whistleblower program. It's due each October 30. I'm sure the SEC wanted to be in compliance, so they released the first annual report on the Dodd...

SEC and CFTC Propose Identity Theft Red Flag Rules

by Andras P. Teleki This EIA focuses on the SEC version of the Red Flag Rules. The SEC version of the Red Flag Rules will be known as Regulation S-ID and would be added after Regulations S-P and S-AM when codified. Excerpt: On March 6, 2012, the SEC and CFTC jointly proposed rules (the "Proposal"...