The SEC and FINRA: protect your elders *

USA - May 15 2013
In April 2013, the SEC, in association with FINRA, held a Compliance Outreach Program for broker-dealers. The program included a panel that addressed…

Co-authors: Muhannad R. Al-Najjab, Lloyd S. Harmetz, Charles M. Horn.

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SEC discusses estimated value at Structured Products conference *

USA - May 15 2013
On May 2, 2013, Amy Starr, Chief of the SEC's Office of Capital Markets Trends, spoke by teleconference at Structured Products magazine's Americas…

Co-authors: Muhannad R. Al-Najjab, Lloyd S. Harmetz, Charles M. Horn.

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Due diligence procedures for structured note distributors *

USA - May 15 2013
Sections 11 and 12 are the main liability provisions under the Securities Act of 1933, as amended (the "Securities Act"). Section 11 covers…

Co-authors: Muhannad R. Al-Najjab, Lloyd S. Harmetz, Charles M. Horn.

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The Financial Stability Oversight Council’s 2013 annual report: increasing exchange-traded product activity *

USA - May 15 2013
In its 2013 Annual Report, the U.S. Financial Stability Oversight Council (the "FSOC") summarized, as part of its review of investment funds…

Co-authors: Muhannad R. Al-Najjab, Lloyd S. Harmetz, Charles M. Horn.

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Key issues for Yankee CDs *

USA - May 15 2013
Yankee CDs are certificates of deposit issued by U.S. branches of non-U.S. banks. Some Yankee CDs are issued by a federally licensed branch that is…

Co-authors: Muhannad R. Al-Najjab, Lloyd S. Harmetz, Charles M. Horn.

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