Reynolds Holding

SEPTEMBER 26, 2022

The SEC will continue to focus on investor education and outreach that addresses diverse and underserved communities as well as on emerging and popular investment topics. Dual registration with the SEC and the Commodity Futures Trading Commission (CFTC) may also be appropriate depending on the intermediary’s offerings.

Technology 45

Technology Marketability Equity Compliance 45

ThomsonReuters

JANUARY 28, 2021

This blog post highlights certain changes in SEC reporting and disclosure across several key topics, along with practical takeaways. In November 2020, the SEC’s Division of Corporation Finance released CF Disclosure Guidance: Topic No. SEC reporting and disclosure impacted by some key 2020 focus areas.

Corporate Finance 72

Corporate Finance Accounting Firms Finance Marketability 72

Harvard Corporate Governance

FEBRUARY 28, 2023

The expiration of an SEC no-action letter is typically not a topic of interest to the general public or members of Congress. The Problem of Bundled Commissions Securities firms like Morgan Stanley and Goldman Sachs typically offer investors potentially valuable research as well as trading services. more…)

Marketability 189

Marketability 189

Reynolds Holding

APRIL 18, 2022

The Federal Trade Commission (FTC) Chair Lina Khan echoed AAG Kanter’s concerns, emphasizing that the FTC plans to increasingly reject settlements. In his view, past settlements failed to ensure competition, which hurt both consumers and emerging competitors. One of the Summit’s main goals was for U.S. enforcers to gather input from U.S.

Marketability 56

Marketability Technology Banking 56

Reynolds Holding

DECEMBER 5, 2023

The first was the immobilization of securities, which Congress authorized in the early 1970s to solve the paperwork crisis that was slowing share transfers to a degree that threatened market efficiency. We explain our answer in an article that we recently posted on SSRN and here summarize. securities markets. ENDNOTES [1] 143 S.Ct.

Marketability 52

Marketability Banking 52

Reynolds Holding

APRIL 9, 2024

The largest holder of publicly traded stock of Yellow Corp., Section 1399(b) of the MPPAA requires a plan sponsor to provide a withdrawing employer with a formal assessment to include the amount of liability and a schedule for payments. [4] 14] See Epic Systems Corp. Lewis , 584 U.S. 15] In re Yellow Corp. 2765 at 15. [16]

Equity 45

Equity 45

Musings on Markets

JULY 14, 2021

In the last few decades, as disclosure requirements for publicly traded firms have increased, annual reports and regulatory filings have become heftier. The first is the 10-K, an annual filing that all publicly traded companies have to make, in the United States.

Start-ups 52

Start-ups Marketability 52

Reynolds Holding

NOVEMBER 20, 2023

8 Decisions conflict on whether Congress intended that US avoidance and recovery provisions apply to extraterritorial transfers. If so, the statute will apply. Consequently: The allegations that Defendants were complicit in BLMIS’s fraud prevents the Court from dismissing the case on account of the Defendants’ affirmative § 546(e) defense.

Banking 40

Banking Marketability Equity 40

Reynolds Holding

MAY 11, 2022

When I first appeared before this group, as Chair of the Commodity Futures Trading Commission (CFTC), Washington was still developing the regulatory response to the 2008 financial crisis. Under Dodd-Frank, Congress determined that the security-based swap markets would benefit from more transparency, both pre-trade and post-trade.

Marketability 45

Marketability Banking Compliance Treasury 45

Reynolds Holding

DECEMBER 20, 2022

Congress had learned that post offices were being used to further gambling, pornography, and the dissemination of counterfeit money, and it sought to put a stop to such use. [8] 20] In reality, both the NYSE and Nasdaq trade through computers located in the swamps of New Jersey. But that is a topic for a different column.

Banking 111

Banking Marketability 111

Reynolds Holding

MAY 1, 2024

As directed by the EO, on February 28, the DOJ published an Advance Notice of Proposed Rulemaking (“ANPRM”) on topics related to the implementation of the EO. Accompanying the EO, President Biden released a fact sheet that included a statement urging Congress to pass comprehensive, bipartisan privacy legislation.

Compliance 45

Compliance Treasury 45

IVSC

OCTOBER 21, 2023

That has since flipped and particularly with AI now poking its head into all manner of services and trades, our minds are challenged to keep pace with data availability, computing speed, and the skills to master these ever-evolving tools. The importance of continuing education has never been so critical to keep pace.

Appraisal 246

Appraisal Marketability Technology Start-ups 246

ThomsonReuters

OCTOBER 7, 2022

Under new legislation, cryptocurrency brokers will be required to report more information on their clients’ trading activity to the IRS starting in 2023. Want to learn more about the Inflation Reduction Act and other hot topics that impact your practice? Operations S upport. Not subscribed?

Treasury 90

Treasury Start-ups Technology 90

Reynolds Holding

MAY 18, 2023

This topic is so essential for the safety and resiliency of our capital markets. [1] In the shadow of the dot.com crash and the dramatic corporate and accounting scandals that crash exposed, Congress designed Sarbanes-Oxley to bolster investor confidence in financial reporting and in corporate disclosures. Good morning.

Marketability 45

Marketability Technology Compliance Equity 45

Reynolds Holding

AUGUST 21, 2022

Today [August 11], the Federal Trade Commission initiated a proceeding to examine whether we should implement new rules addressing data practices that are unfair or deceptive. Trade Comm’n, Internet Site Agrees to Settle FTC Charges of Deceptively Collecting Personal Information in Agency’s First Internet Privacy Case (Aug.

Marketability 53

Marketability Technology Compliance 53

Reynolds Holding

FEBRUARY 1, 2023

The growth of private markets through exempt offerings, the ascension of the once-mythical “unicorns,” and what these things portend for the future of our public markets have been hotly debated topics for some time now. [1] 21] That is an increase of about 121 unicorns in less than one year since I last spoke on this topic.

Marketability 58

Marketability Corporate Finance Compliance Equity 58

Reynolds Holding

MARCH 6, 2023

The cost to execute trades has decreased dramatically. Disclosure Rules Should Be Grounded in Financial Materiality The Commission’s current regulatory agenda includes climate change, human capital, cybersecurity, and share repurchases, among other topics. [8] The securities markets are now more global in nature.

Compliance 45

Compliance Marketability Start-ups Banking 45

Reynolds Holding

JANUARY 25, 2023

To be better prepared for, and more agile in, its response to such risks in the future, the SEC must pursue new authorities from Congress where needed, continue to effectively collaborate with other regulators, and engage more proactively on digitization initiatives.

Technology 59

Technology Marketability Data Analysis Equity 59

Reynolds Holding

OCTOBER 5, 2022

Relying on the Major Questions Doctrine, which requires “a clear statement [] necessary for a court to conclude that Congress intended to delegate [broad economic authority to an agency],” id. at 2594, the Court examined, among other things, Congress’s repeat rejection of an analogous scheme. Environmental Protection Agency , 142 S.

Start-ups 72

Start-ups Marketability Equity Compliance 72

Reynolds Holding

SEPTEMBER 6, 2022

In March 2022, the Securities and Exchange Commission (SEC) proposed a rule that would require publicly traded companies to provide investors with various climate-related disclosures (the Proposal). [1] Congress also made a choice to use disclosure as the primary vehicle to effectuate such regulation. The Court of Appeals for the D.C.

Marketability 59

Marketability Compliance Technology 59

Reynolds Holding

MARCH 27, 2023

Conversely, “Retail Trade” filings increased from 4% to 9%, the high watermark in recent years. In CFSA , trade associations representing payday lenders sought to block the CFPB from implementing a “Payday Lending Rule.” Figure 2: 2. Petition for Writ of Certiorari at 3–4. 4th 616 (5th Cir.

Technology 59

Technology Start-ups Compliance Finance 59

Reynolds Holding

MAY 23, 2022

Between these expressions of antitrust policy’s infiltration beyond academia, the Spring Meeting provided agency status updates, platforms to debate the Merger Guidelines, and opportunities to address the most pressing topics in antitrust law today.

Banking 56

Banking Marketability Technology 56

Reynolds Holding

APRIL 8, 2024

As directed by the EO, on February 28, the DOJ published an Advance Notice of Proposed Rulemaking (“ANPRM”) on topics related to the implementation of the EO soliciting comments up to 45 days after the ANPRM is published in the Federal Register (typically posted a few days after the announcement), which would make comments due around April 15, 2024.

Compliance 45

Compliance Technology Banking Treasury 45

Reynolds Holding

FEBRUARY 13, 2024

Some lawsuits may be low-odds rolls of the dice by well-funded trade groups. Rules attracting lawsuits include those governing Proxy Advisors, Buyback Disclosure, Securities Lending, Short Sales, and Private Funds. It is too early in the litigation process to predict with confidence how well the SEC will do in court. EPA in 2022. [4]

Treasury 59

Treasury Corporate Finance Marketability Compliance 59

Value Scope

SEPTEMBER 24, 2020

At the time, more than $17 billion had been invested into sustainable-focused exchange-traded funds (ETFs) and open-end funds during 2019. SASB 3 seeks to replicate what FASB does by creating a set of clear disclosure standards broken out by environmental, social, and governance topics, and by industry. What does this really mean?

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130

Reynolds Holding

AUGUST 9, 2023

The Capital Proposal would apply to any banking organization with $100 billion or more in assets, as well as others with significant trading activity, and would significantly increase the capital requirements for most institutions. 2 Comments on both proposals are due by November 30, 2023.

Banking 52

Banking Market Risk Marketability Finance 52

Reynolds Holding

JUNE 26, 2022

4356, their Responsible Financial Innovation Act, to transfer most regulation of cryptoproducts to the Commodity Futures Trading Commission (CFTC}, essentially ousting the SEC, presumably perceived to be a more aggressive regulator, from oversight of cryptoproducts that were securities. On June 10, 2022, U.S.

Banking 72

Banking Compliance Technology Treasury 72

Reynolds Holding

MARCH 7, 2023

Senate subcommittee hearing on antitrust enforcement, Federal Trade Commission (“FTC”) Chair Lina Khan and Assistant Attorney General Jonathan Kanter of the Department of Justice’s Antitrust Division (the “DOJ”) both confirmed that there is no ESG exception to the antitrust laws. A month later, during a U.S. antitrust agencies.

Banking 89

Banking Marketability Accounting Firms Compliance 89