The New York Stock Exchange (“NYSE”), through the NYSE Regulation staff, has issued its annual Listed Company Compliance Guidance Memo for 2024 (“Memo”), which informs NYSE-listed companies of new matters, including the following:
On January 23, 2024, the Financial Industry Regulatory Authority, Inc. (“FINRA”) published an update to the targeted exam it launched in November 2022, which was designed to review – for compliance with FINRA Rule 2210 – the practices of member firms that communicate with retail customers concerning “Crypto Assets” (generally, assets that are issued or
On January 9, 2024, the Financial Industry Regulatory Authority, Inc. (“FINRA”) published its 2024 Annual Regulatory Oversight Report (the “Annual Report”), as we blogged about. With respect to private placements, FINRA cites to Regulatory Notice 23-08 (see our alert), for a discussion of member firms’ obligations when recommending private placements, including the obligation
On January 16, 2024, the comment period closed for the US banking regulators’ Basel III Endgame proposal. Nearly 200 comment letters were submitted from the financial sector, commercial user, and the general public.
Mayer Brown has been actively engaged on this important rulemaking. We have helped clients draft numerous comment letters, including for the
On January 9, 2024, the Financial Industry Regulatory Authority, Inc. (“FINRA”) published the 2024 FINRA Annual Regulatory Oversight Report (the “Report”), which builds on the structure and content of FINRA’s prior reports
In this MB Microtalk video, Mayer Brown’s Leslie Cruz discusses the recent amendments to Rule 35d-1 under the Investment Company Act of 1940. Leslie addresses which funds are affected by the changes, when funds are required to comply with the changes, and other related matters.
Visit our MB Microtalk page for more topics and
On 28 November 2023, the UK’s Financial Conduct Authority published its “Sustainability Disclosure Requirements (“SDR“) and investment labels” policy statement (PS23/16) (the “Policy Statement”). The Policy Statement introduces a set of new rules aimed at tackling greenwashing, including investment product sustainability labels and restrictions on how terms like “ESG”, “green” and “sustainable”
This practice note discusses conducting due diligence interviews for a securities offering, which are meetings or calls among the underwriters, their counsel, the issuer, and other parties to discuss the issuer’s business, operations, and financial results. The purpose of these interviews is to help the underwriters perform a reasonable investigation, ensure the accuracy and completeness
Webinar: November 6, 2023
3:00 p.m. – 4:00 p.m. ET
Register here.
The New York Department of Financial Services (NYDFS) has finalized its cybersecurity regulation for banks, branches and agencies of foreign banks, insurance companies, mortgage loan originators, mortgage loan servicers, mortgage brokers, licensed lenders, sales finance companies, money transmitters and other financial services
Webinar: November 9, 2023
1:00pm – 2:00pm ET
Register here.
During this webinar, Mayer Brown and Houlihan Lokey panelists will present a clear picture of business, legal, regulatory and tax considerations for monetizing external managers of mortgage real estate investment trusts (“mREITs”). Topics to discuss include: