FINRA adopted final rules, referred to as the Securities Lending and Transparency Engine (SLATE), establishing reporting requirements for covered securities loans and providing for the public dissemination of certain securities loan data... Read more »
The SEC approved amendments to Fixed Income Clearing Corporation (FICC) rules regarding access models and segregated accounts and margin, as well as related amendments to the risk management framework of FICC and... Read more »
The SEC’s Division of Trading and Markets issued a new no-action letter extending the relief from amended Exchange Act Rule 15c2-11 for fixed income securities indefinitely. Source link Read more »
The US District Court for the Northern District of Texas ruled the SEC exceeded its statutory authority when it adopted a final rule to expand the definitions of dealer and government securities... Read more »
The US District Court for the Southern District of New York (SDNY) and the US District Court for the Northern District of California applied the Howey test in two noteworthy opinions on... Read more »
Rimon is pleased to welcome securities and capital markets Counsel, Olivia Y. Wang, to the firm. Olivia has significant experience advising clients on a wide range of corporate and securities matters, including initial public... Read more »
The Parliamentary Joint Committee on Corporations and Financial Services (Committee) has commenced an inquiry into the wholesale investor test for offers of securities, and the wholesale client test for financial products and... Read more »
The Australian Securities and Investments Commission (ASIC) through the Australian Business Registry Services (ABRS) is actively engaging with directors who have not yet obtained a director identification number (DIN). A DIN is... Read more »
On January 10, 2024, the U.S. Securities and Exchange Commission (“SEC”) approved eleven applications for spot exchange-traded funds (“ETFs”) tracking Bitcoin. This landmark moment for the crypto asset industry has been over... Read more »
In our previous blog, we discussed the Hong Kong Securities and Futures Commission (SFC)’s position on the taxonomy of tokenized securities and digital securities, and whether tokenized securities will be regarded as “complex... Read more »