» Compliance Bricks and Mortar for July 20
20/07/18 13:03 from Compliance Building
These are some of the compliance-related stories that recently caught my attention. Compliance 101: Defining a Control by Matt Kelly in Radical Compliance Last week I was speaking at an ethics and compliance event in Houston, where one o...

» FIMSAC subcommittee recommends formation of working group to address e-trading in fixed income markets
20/07/18 12:59 from Jim Hamilton's World of Securities Regulation
By Amanda Maine, J.D. The Technology and Electronic Trading Subcommittee of the SEC’s Fixed Market Structure Advisory Committee (FIMSAC) issued its preliminary recommendation that a joint working group be formed to conduct a review of th...

» The Substance of Citation (or a suggestion for the Washington Reporter of Decisions)
19/07/18 21:29 from Ziff Blog
Like many states, Washington has its own citation rules. The Washington Style Sheet tells Washington judges and lawyers to use The Bluebook—with a few exceptions. So, for example, instead of citing statutes with “Wash. Rev. C...

» CFTC’s authority over cryptocurrency fraud reaffirmed
19/07/18 14:19 from Jim Hamilton's World of Securities Regulation
By Lene Powell, J.D. In reconsidering a March ruling, a federal district court again found that the CFTC had standing to exercise enforcement power in a virtual currency fraud scheme. The “actual delivery exception” did not apply because...

» The Continuing Rise of the Professional Whistleblower
19/07/18 13:08 from Compliance Building
In 2016, the Securities and Exchange Commission opened its doors to the professional whistleblower when it first granted a whistleblower award to a company outsider. It’s becoming more lucrative. Last week the Commodity Futures Tra...

» CFTC joins regulatory chorus in warning investors about the hazards of digital tokens
18/07/18 19:01 from Jim Hamilton's World of Securities Regulation
By Brad Rosen, J.D. The CFTC has issued a customer advisory aimed at would-be investors of virtual coins and ICO’s warning them of potential risks and pitfalls associated with these novel products and emerging markets. With its release t...

» For first time since early April, no deals get done in week
18/07/18 14:35 from Jim Hamilton's World of Securities Regulation
By John Filar Atwood The IPO market went without a completed deal last week for the first time since the start of April. While deals have slowed dramatically after a blistering end of June and beginning of July, the tables appear set to ...

» Redstones denied access to CBS attorney communications
17/07/18 16:22 from Jim Hamilton's World of Securities Regulation
By Anne Sherry, J.D. In the midst of a fight between Shari and Sumner Redstone and CBS over a potential merger with Viacom, the Delaware Court of Chancery denied the Redstones access to certain likely-privileged documents. Although Shari...

» Monster’s ICO
17/07/18 13:00 from Compliance Building
Before all my music was digital and playing out of bluetooth speakers, I was a big fan of Monster Cables for connecting my audio and video equipment. Now those cables just sit in a plastic bin in the basement. I hadn’t thought abou...

» Demise of LIBOR benchmark takes center stage at MRAC meeting
16/07/18 16:25 from Jim Hamilton's World of Securities Regulation
By Brad Rosen, J.D. “LIBOR is a widely utilized benchmark that is no longer derived from a widely traded market. It is an enormous edifice built on an eroding foundation—an unsustainable structure,” stated CFTC Chairman J. Christopher Gi...