LexisNexis® Legal Newsroom
SEC’s Rule on Pay to Play is Coming

It's been almost a year, but it looks like the SEC is ready to issue its rule on political contributions by investment advisers. They announced the subject matter for the Wednesday June 30 10:00 am open meeting : The Commission will consider whether to adopt a new rule and related rule amendments...

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...

Are More Rules Necessary?

The SEC approved new rules proposed by the exchanges and FINRA to ensure that market makers make real, meaningful quotes . In September the SEC proposed rules governing short term borrowings to address what many call "window dressing." The proposals are unrelated. Yet each raises the same...

SEC Proposes “New” Standard for Accredited Investor

If you are involved in the private placement of securities, then you have been waiting to hear how the SEC was going to change the definition of "accredited investor." Section 413(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires the definitions of "accredited...