Securities & SEC

The National Law Review provides readers the latest information, legislation, and news regarding Securities and the SEC, from the Securities and Exchange Commission (SEC) and topics covered under the Securities Exchange Act of 1934.

Securities Exchange Commission

The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The National Law Review covers news and updates coming out of the SEC, including information about updates on the US SEC EDGAR system and related requirements, rules designed to limit and enforce rules against Insider Trading and Anti-Money Laundering settlements. Additionally, analysis of the SEC Division of Investment Management leadership and proposed rulemakings.

CFTC & FINRA

Commodities Futures and Trading Commission (CFTC) topics are discussed as they unfold on the NLR. Readers can learn about the latest cybersecurity regulations for companies engaging in bitcoin transactions, and how businesses can accept cryptocurrencies as valid, legal-tender. They can read about how M&A transactions are affected by tax-legislation, new legislation and regulations related to insider-trading, learn about ‘no-poach’ agreements, to securities fraud with the news covered online. Additionally, the National Law Review covers information related to the Financial Industry Regulatory Authority (FINRA), including rule changes related to the organization and updates on FINRA enforcement priorities.

Securities around the World

The European Securities and Markets Authorities (ESMA) and Australian Securities and Investment Commission (ASIC) news and information, is also prominently covered on The National Law Review. So, foreign investors, US-based businesses, tax implications, and other topics which revolve around the international-realm, and securities, can be found on NLR.

Visitors will find both national and international news and cases surrounding the SEC, securities regulation commissions, and international-Securities markets. Whether readers are interested in learning about new legislation, upcoming changes to Visa programs or possible tax concerns with their foreign investments, The National Law Review has up to date news, and cases, which will cover these, and any other topics of interest in the securities market.

For hourly updates on the latest news about securities/SEC regulations, corporate & business law, compliance and more securities & business law news, be sure to follow our Finance and Securities Law Twitter feed and sign up for complimentary e-news bulletins.

Date	Title	Organization
26 Jan	SEC Re-Proposes Dodd-Frank Act Section 621 Conflicts of Interest Rule	Cadwalader, Wickersham & Taft LLP
26 Jan	2022 Uniform Commercial Code Amendments Address Emerging Digital Technologies	Steptoe & Johnson PLLC
25 Jan	Florida CFO Bans ESG Investing By Florida Deferred Compensation Plan	Mintz
25 Jan	SEC Issues FAQ With Additional Guidance On New Marketing Rule	Barnes & Thornburg LLP
25 Jan	"The Horror! The Horror!" - Scholars Accuse Twitter Directors Of Putting Stockholders First!	Allen Matkins Leck Gamble Mallory & Natsis LLP
25 Jan	2023 Environmental, Health, and Safety Outlook for Manufacturers	Robinson & Cole LLP
24 Jan	Joint Whistleblowers Receive $28 Million Award from SEC	Kohn, Kohn & Colapinto
23 Jan	Securities Litigation Alert: Second Circuit Adopts Restrictive View of Purchaser-Seller Rule, Limiting Section 10(b) Standing to Transactions in Securities of Company “About Which” Alleged Misstatements Were Made	Cadwalader, Wickersham & Taft LLP
23 Jan	Ninth Circuit Applies Lower Standard for Pleading Scienter Under § 14(e) of Securities Exchange Act Even as to Opinions	Proskauer Rose LLP
23 Jan	Hack Attack: SEC Charges 18 Individuals and Entities with Microcap “Pump and Dump”	Norris McLaughlin P.A.
20 Jan	Fifth Circuit Revives Securities Class Action Against Six Flags	Proskauer Rose LLP
20 Jan	Recent First Circuit Opinion in SEC v. Lemelson Provides a Roadmap for Section 10(b) Cases Involving an Opinion Defense	Mintz
20 Jan	SEC Proposes to Establish a New Best Execution Standard	Greenberg Traurig, LLP
20 Jan	AIF Participation in Credit Default Swaps	Nishith Desai Associates
19 Jan	SEC Whistleblowers Receive $18 Million After Tips Lead to Return of Funds to Harmed Investors	Kohn, Kohn & Colapinto
19 Jan	SEC Tightens Cryptocurrency Enforcement	Cornerstone Research
19 Jan	United Arab Emirates: SCA Overhauls Regulations Governing Foreign Fund Offerings	K&L Gates
19 Jan	FAQs and Defense Strategies for FINRA Investigations	Oberheiden P.C.
18 Jan	Progress for M&A Brokers: Congress Passes New Exemption from Securities Broker Registration	K&L Gates
18 Jan	Wall Street Layoffs Could Spur Increase in Whistleblower Tips and Help the SEC Combat Market Manipulation Schemes	Zuckerman Law
17 Jan	Does Your Cyber Insurance Policy Cover a Ransomware Attack?	Bradley Arant Boult Cummings LLP
17 Jan	Bankruptcy Court Allows Service of a Subpoena Via Twitter	Squire Patton Boggs (US) LLP
17 Jan	The Anti-Money Laundering Act of 2020 Gets a “Glow Up”: Congress Strengthens Enforcement by Clarifying Who Can Be a Protected Whistleblower and Enhancing Financial Incentives	Epstein Becker & Green, P.C.
17 Jan	“Picking the Winner”: SEC Sanctions Investment Adviser and an Associate for “Rigging” the Game	Norris McLaughlin P.A.
17 Jan	AUSTRALIA: ASIC Starts 2023 With Focus On Greenwashing	K&L Gates
17 Jan	SEC Sues Law Firm for Refusing to Disclose List of Clients Affected by Cyberattack	Squire Patton Boggs (US) LLP
14 Jan	SEC Files Subpoena Enforcement Action Against Covington & Burling, Seeking Names of Clients Impacted by Chinese State-Sponsored Cyberattack	Winstead
13 Jan	SEC Awards Over $6 Million to Whistleblowers in Three Seperate Awards	Kohn, Kohn & Colapinto
13 Jan	SEC Suit Against Covington & Burling Threatens More Than Attorney-Client Privileged Information	Allen Matkins Leck Gamble Mallory & Natsis LLP
12 Jan	SEC Adopts Final Amendments to Rule 10b5-1 and New Disclosure Requirements	Greenberg Traurig, LLP
12 Jan	SEC Demands That Covington & Burling "Name Names"	Allen Matkins Leck Gamble Mallory & Natsis LLP
11 Jan	2023 Regulatory Update for Investment Advisers	Miller Canfield
11 Jan	Helping your family (even a little) is a violation of the Advisers Act?	Foley & Lardner LLP
11 Jan	Ringing in the New Year – Practical Tips for Public Companies to Implement the New SEC Rule 10b5-1 Trading Plan Rules in Their Internal Policies and Procedures	Cadwalader, Wickersham & Taft LLP
11 Jan	Retirement Plan Update: DOL Final Rule On ESG Investing And Exercising Shareholder Rights And SECURE 2.0 Act Impact Retirement Planning In 2023 And Beyond	Barnes & Thornburg LLP
10 Jan	A Focus on Environmental, Social, and Governance With Attorney Gina Falaschi [VIDEO]	Babst, Calland, Clements & Zomnir, P.C.
10 Jan	Considering A Private Company New Year Investment? Pay Close Attention to Risks Posed by Potential Red Flags	Bradley Arant Boult Cummings LLP
10 Jan	SEC Adopts Amendments Regarding Insider Trading Plans and Related Disclosures	Sheppard, Mullin, Richter & Hampton LLP
10 Jan	It’s More Than 10b5-1 – a Lot More – and You Need to Get Ready	Nelson Mullins
10 Jan	SEC Awards Whistleblower $5 Million in First Award of 2023	Kohn, Kohn & Colapinto
9 Jan	Preparing for the Annual Reporting Season: Non-gaap Measures	K&L Gates
9 Jan	Insurers Beware of “Silent Crypto” Exposure: PART I, Silent Crypto for D&O and Corporate Liability Insurance	Wilson Elser Moskowitz Edelman & Dicker LLP
9 Jan	Investment Esoterica: A Stockless Triptych	Norris McLaughlin P.A.
8 Jan	Bitcoin, Crypto-Assets, and the Energy Sector	Foley & Lardner LLP
6 Jan	SEC Charges Social Media Influencers with Stock Manipulation and Warns Investors	Robinson & Cole LLP
5 Jan	SEC Updates Non-GAAP Financial Measures Guidance	Sheppard, Mullin, Richter & Hampton LLP
4 Jan	Post-Madoff, SEC Successfully Partnering with Whistleblowers to Combat Ponzi Schemes	Zuckerman Law
4 Jan	SEBI Accords In-Principle Approval for Social Stock Exchange	Nishith Desai Associates
4 Jan	Ninth Circuit Holds that Social Media Posts May Give Rise to “Seller” Liability Under Section 12(a)(2) of the Securities Act of 1933	Sheppard, Mullin, Richter & Hampton LLP
3 Jan	SEC Adopts Amendments to Rule 10b5-1 and Related Disclosure Requirements	Proskauer Rose LLP
3 Jan	Double Jeopardy: SEC and FRB Sanction Bank and its CEO	Norris McLaughlin P.A.
29 Dec	UNITED STATES: A HOLIDAY GIFT FOR M&A BROKERS: CONGRESS PASSES NEW EXEMPTION FROM SECURITIES BROKER REGISTRATION	K&L Gates
28 Dec	SEC Adopts Tougher Trading Rules for Corporate Insiders	Cadwalader, Wickersham & Taft LLP
28 Dec	Nothing Gets Between These Celebrities and Their Crypto... Except a Class Action Lawsuit (and the Feds)	Nelson Mullins
27 Dec	8 Influencers Charged in $100 Million Securities Fraud Scheme	Greenberg Traurig, LLP
27 Dec	SEC Adopts Amendments To Rule 10b5-1 Trading Plans	Barnes & Thornburg LLP
27 Dec	NFT Endorsed by Celebrities Prompts Class Action	Greenberg Traurig, LLP
27 Dec	SEC Adopts Amendments to Rule 10b5-1 Insider Trading Arrangements	Mintz
27 Dec	Delusional Improvement: SEC Proposes Governance Rules for Clearing Agencies	Norris McLaughlin P.A.
27 Dec	SEC Adopts Amendments to Rule 10b5-1 Plan Requirements and Increases Disclosure Requirements Regarding Insider Trading Policies	Katten
23 Dec	SECURE 2.0 Act of 2022 Arrives: (Another) Landmark Retirement Package	Proskauer Rose LLP
23 Dec	Congress Overhauls Merger Filing Fees and Thresholds	McDermott Will & Emery
23 Dec	NASDAQ Changes Compliance Deadlines for Board Diversity Rules	McDermott Will & Emery
22 Dec	United States: PCAOB’S Vacating 2021 Determination Under HFCAA Lowers the Risk of Delisting	K&L Gates
22 Dec	Keeping Up With the Kardashians, Madison Cawthorn, and Their Damned, Dirty (and Bored) Apes	Nelson Mullins
22 Dec	Dual-Hatted CEO and CCO Named Individually in SEC Settlement for Compliance Violations	Foley & Lardner LLP
22 Dec	SEC Adopts New Rule 10B-5 Insider Trading Requirements	Womble Bond Dickinson (US) LLP
21 Dec	Ninth Circuit Holds that Social Media Communications Can Satisfy Statutory-Seller Requirement Under Securities Act	Proskauer Rose LLP
21 Dec	SEC Accused of Violating FOIA Deadlines for Documents on Improper Database Access	Squire Patton Boggs (US) LLP
21 Dec	Who Can Be a Whistleblower?	Tycko & Zavareei LLP
21 Dec	SEC Adopts Amendments to Rule 10b5-1 and Creates New Disclosure Requirements for Issuers and Insiders	Jones Walker LLP
21 Dec	The SEC Raises the Bar for Insiders and Issuers Regarding Rule 10b5-1 Plans	Dinsmore & Shohl LLP
21 Dec	New Executive Clawback Requirements Coming in 2023	Jones Walker LLP
20 Dec	SEC Adopts Amendments to Rule 10b5-1 Insider Trading Plans and Related Matters	K&L Gates
20 Dec	SEC Releases Sample Letter to Companies Regarding Crypto Market Developments	Nelson Mullins
19 Dec	SEC Adopts Final Rules Regarding 10b5-1 Trading Plans and Disclosure of Insider Trading Policies and Related Matters	Foley & Lardner LLP
19 Dec	Cutting Corners: SEC Sues Surgical Implant Company for Disclosure AND Accounting Fraud	Norris McLaughlin P.A.
19 Dec	SEC Makes Claims But Provides No Data	Allen Matkins Leck Gamble Mallory & Natsis LLP
17 Dec	Caremark Liability Following the SEC’s New ESG Reporting Requirements	Mintz
16 Dec	United States: SEC Proposes Regulation Best Execution	K&L Gates
16 Dec	US Executive Branch Update – December 16, 2022	Squire Patton Boggs (US) LLP
16 Dec	Rule 10b5-1 Amendments Adopted by the SEC	Nelson Mullins
16 Dec	Commissioner Uyeda Warns Of Looming Item 402 Letter Deficit, But George Eliot Provides An Answer	Allen Matkins Leck Gamble Mallory & Natsis LLP
15 Dec	Staff Says Some Non-GAAP Financial Disclosures Are Beyond Redemptive Disclosure	Allen Matkins Leck Gamble Mallory & Natsis LLP
15 Dec	Proxy Season Greetings: ISS and Glass Lewis Announce Policy Updates Ahead of the 2023 Proxy Season	Proskauer Rose LLP
15 Dec	SEC’s Division of Corporation Finance Heightens Expectations for Crypto Disclosures	Cadwalader, Wickersham & Taft LLP
14 Dec	SEC and CFTC Whistleblower Programs Reveal Continued Success Combatting Fraud and Protecting Investors	Zuckerman Law
14 Dec	Speak Out Act Takes Effect, Enhanced Data Privacy Obligations for California Employers, and SEC Releases Whistleblower Annual Report – Employment Law This Week [VIDEO]	Epstein Becker & Green, P.C.
13 Dec	Considerations for Public Company Bylaw Amendments in View of the New SEC Universal Proxy Rules	Greenberg Traurig, LLP
13 Dec	New DOL Rule Enables Consideration of ESG Factors in Investing, Plus the SEC Continues its ESG Enforcement Push in the Absence of Final SEC Rules	Katten
13 Dec	SEC Reopens Proposal on Stock Buyback Rules	Nelson Mullins
13 Dec	Energy & Sustainability Litigation Updates — December 2022	Mintz
13 Dec	Republican SEC Commissioners Continue to Criticize Proposed Climate Disclosures	Mintz
12 Dec	SEC Awards More than $20 Million to Whistleblower	Kohn, Kohn & Colapinto
12 Dec	'No Exit': SEC Sanctions Investment Adviser for Impeding University Investors from Departing a Private Fund	Norris McLaughlin P.A.
11 Dec	Ex-Wall Street Trader Convicted of Fraud in Precious Metals Spoofing Scheme	The U.S. Department of Justice
10 Dec	Are Loans Securities?	Cadwalader, Wickersham & Taft LLP
10 Dec	Caution Advised for Language in Employment Settlement and Severance Agreements	Jackson Lewis P.C.
9 Dec	SEC’s New Executive Compensation Clawback Rules To Become Effective In January 2023 – What That Means For Public Companies	Barnes & Thornburg LLP
9 Dec	CFPB Takes Down High-Yield Savings Account Scam, Defendants Also Charged By the SEC	Cadwalader, Wickersham & Taft LLP
9 Dec	SEC Releases FY 2022 Whistleblower Annual Report	Proskauer Rose LLP
9 Dec	James Joyce Ineluctably Meets Cryptoassets	Allen Matkins Leck Gamble Mallory & Natsis LLP
8 Dec	Now You See It, Now You Don’t: SEC’s Final Rule on Clawback Policies	Dinsmore & Shohl LLP
8 Dec	Ten Minute Interview: Private Market Investments [PODCAST]	Foley & Lardner LLP
7 Dec	SEC Adopts Enhanced Proxy Voting Reporting Requirements for Funds and Managers	Vedder Price
7 Dec	SEC Proposes Significant Liquidity Risk Management and Swing Pricing Reforms	Vedder Price
6 Dec	The SEC'S Marketing Rule: Open Issues and Looming Sweep Exams	K&L Gates
6 Dec	UNITED STATES: SEC Throws A Flag On the Red Flags Programs	K&L Gates
5 Dec	Do You Have the Rights? how To Maintain Investor Confidence when Using Third-Party Intellectual Property	Mintz
5 Dec	DOL’s Final ESG Rules Reflect Warmer Attitude Toward ESG, But Maintain Bedrock Principle that Risk and Return Cannot Be Sacrificed	Proskauer Rose LLP
5 Dec	Goldman and the Juliet Problem: SEC Sanctions Adviser for Faulty ESG Policies	Norris McLaughlin P.A.
5 Dec	NASAA Urges Congress To Codify M&A Broker Relief	Allen Matkins Leck Gamble Mallory & Natsis LLP
2 Dec	SEC Brings Charges Against Former CEO for Retaliating Against a Whistleblower and Impeding Whistleblowing	Zuckerman Law
2 Dec	Takeaways from the SEC Whistleblower Office’s Annual Report	Kohn, Kohn & Colapinto
2 Dec	Final SEC Clawback Rules: Key Dates that Issuers Need to Know	Proskauer Rose LLP
1 Dec	EU Consultation on ESG Fund Names and SFDR Q&As	Cadwalader, Wickersham & Taft LLP
1 Dec	Rule 15c2-11 Update: The SEC Provides Temporary Relief for Fixed Income Rule 144A Securities Until January 4, 2025	Cadwalader, Wickersham & Taft LLP
1 Dec	SEC Enforcement Director and SDNY/EDNY Officials Address Enforcement Priorities	Proskauer Rose LLP
30 Nov	ESG: Adherence to Internal Policy and Procedures	Nishith Desai Associates
30 Nov	SEC Announces $20 Million Award to Whistleblower	Proskauer Rose LLP
29 Nov	What’s Up With the SEC’s Probe Into the Use of WhatsApp?	Nelson Mullins
29 Nov	Securities and Exchange Commission Announces FY 2022 Enforcement Results	Bradley Arant Boult Cummings LLP
29 Nov	SEC Adopts New Incentive-Based Compensation "Clawback" Rule	Mintz
29 Nov	EU and Angola Conclude a Sustainable Investment Facilitation Agreement	ArentFox Schiff LLP
28 Nov	SEC Finalizes Expanded Proxy Voting Reporting and New Say-On-Pay Reporting Requirements	K&L Gates
28 Nov	SEC Whistleblower Receives $20 Million Award	Kohn, Kohn & Colapinto
28 Nov	‘Tis the Season… to Consider ESG Investments in Your 401(k) Plan	Jackson Lewis P.C.
28 Nov	SEC Whistleblower Program Report Details Record Year	Kohn, Kohn & Colapinto
28 Nov	Only Sell What You Know-II: Selling Variable Interest Structure Products Is a Fraud on the Unsuspecting	Norris McLaughlin P.A.
23 Nov	SEC Highlights ESG Enforcement Activity in Annual Report	Mintz
23 Nov	Dead Canary in the LBRY	Nelson Mullins
23 Nov	Department of Labor Enables Consideration of ESG Factors in ERISA Investments	Mintz
22 Nov	Brief Analysis of ICSID 2022 Fiscal Year Caseload	ArentFox Schiff LLP
21 Nov	“Red Flags in the Mind Set”: SEC Sanctions Three Broker/Dealers for Identity Theft Deficiencies	Norris McLaughlin P.A.
21 Nov	Cannabis Company Cops to SEC Accounting Fraud Charges	Foley & Lardner LLP
21 Nov	Commissioner Uyeda Urges Questioning Of ESG Trend Sustainability	Allen Matkins Leck Gamble Mallory & Natsis LLP
19 Nov	“We lost. Sorry everyone”: The Implications of a District Court Finding Digital Token, LBC, Is a Security	Mintz
18 Nov	Nasdaq, FINRA and NYSE Issue Warnings of Small-Cap IPO Fraud	Sheppard, Mullin, Richter & Hampton LLP
18 Nov	SEC Enforcement Activity: Public Companies and Subsidiaries: Fiscal Year 2022 Update - Key Trends	Cornerstone Research
18 Nov	SEC Labels Accountant's Letter "Irrelevant" To Rule 506(c)	Allen Matkins Leck Gamble Mallory & Natsis LLP
17 Nov	SEC proposes Swing Pricing and A Hard Close for All Mutual Funds	K&L Gates
17 Nov	SEC Proposes New Rule With Respect To Outsourcing By Investment Advisers	Barnes & Thornburg LLP
17 Nov	Shhhh! – SEC Wins Summary Judgment Over Library	Polsinelli PC
16 Nov	The SEC’s New Rule Demonstrates That It Believes Shareholder Reports, Like Clothes, Should Be Tailored to You	K&L Gates
16 Nov	SEC Received Record Number of Whistleblower Tips in Fiscal Year 2022	Kohn, Kohn & Colapinto
16 Nov	SEC Enforcement Activity: Public Companies and Subsidiaries - Executive Summary	Cornerstone Research
16 Nov	SEC Ramps Up Enforcement against Public Companies and Subsidiaries in FY 2022	Cornerstone Research
16 Nov	2022 SEC Enforcement Results – Takeaways for Fund Managers	Proskauer Rose LLP
16 Nov	Australia: ASIC Stays True to DDO Enforcement Promises	K&L Gates
16 Nov	United States: A Record Year: SEC FY 2022 Enforcement Actions Bring Big Penalties	K&L Gates