Coming soon: ads for private placements *

USA - October 30 2012
As mandated by the JOBS Act, the SEC is proposing to permit the use of general solicitation and advertising (general advertising) for private securities offerings made in reliance on Rule 506 of Regulation D.

---

FINRA targets broker-dealer conflicts of interest *

USA - August 7 2012
FINRA is asking selected broker-dealer firms about conflicts of interest to which they are subject and how they are managing those conflicts.

Co-authors: Tom Lauerman, Ann Furman.

---

Regulators define swaps *

USA - July 11 2012
The SEC and CFTC (the "Commissions") have approved long-awaited joint rules and interpretations concerning certain key definitions, including "swap" and "security-based swap" (collectively "Swaps").

Co-authors: Tom Lauerman, Ann Furman, Ann Black.

---

Controversial investment adviser SRO legislation introduced *

USA - May 3 2012
As has long been expected, Congressman Spencer Bachus (RAL) last week introduced legislation (H.R. 4624) to require most investment advisers to become members of an investment adviser self regulatory organization ("SRO").

Co-authors: Tom Lauerman, Ann Furman.

---

CFTC expands regulation of investment companies *

USA - February 17 2012
Last week, the CFTC amended its rules to roll back and dilute provisions that since 2003 have enabled most investment companies to use certain derivatives without having a commodity pool operator registered with that agency.

Co-authors: Joan E. Boros, Ed Zaharewicz, Tom Lauerman.

---