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Results: 1-10 of 103

SEC says fantasy stock trading violates securities laws; charges others for selling illegal security-based swaps
  • Stinson Leonard Street LLP
  • USA
  • June 17 2015

The SEC issued an Investor Alert which says fantasy stock trading for small amounts of money can violate provisions of securities laws implemented by


CFTC says securitization SPVs eligible for end-user exception
  • Stinson Leonard Street LLP
  • USA
  • May 4 2015

The CFTC issued a no-action letter to Ford Motor Credit to clarify that a securitization special purpose vehicle, or SPV, that is wholly-owned by


Kraft moves to dismiss novel CFTC manipulation claim
  • Stinson Leonard Street LLP
  • USA
  • June 2 2015

The CFTC accused Kraft Food Groups, Inc. and former parent Mondelez Global LLC with manipulation pursuant to Section 6(c)(1) of the Commodities


CFTC gives treasury affiliates more relief from clearing requirements
  • Stinson Leonard Street LLP
  • USA
  • November 26 2014

The CFTC issued a no-action letter providing further relief for eligible treasury affiliates that enter into swaps that are subject to the clearing


CFTC: if Rule 10b-5 works for the SEC, it should work for us too (and maybe we’ll win more than one case every 35 years)
  • Stinson Leonard Street LLP
  • USA
  • July 7 2011

The CFTC’s new anti-manipulation and anti-fraud rules are based on the SEC’s Rule 10b-5


What really happened to the swap pushout rule and Dodd-Frank sleepers from Cromnibus
  • Stinson Leonard Street LLP
  • USA
  • December 17 2014

The swap pushout rule was originally embodied in Section 716 of the Dodd-Frank Act. Among other things, it prohibited "federal assistance" to any


Comparing the CFTC position limits litigation with the SEC proxy access litigation
  • Stinson Leonard Street LLP
  • USA
  • December 4 2011

The International Swaps and Derivatives Association, Inc., or ISDA, and the Securities Industry and Financial Markets Association, or SIFMA, have filed a legal challenge to the CFTC’s final rules that limit the positions that investors may own in certain commodities


CFTC proposes clearing determination for credit default swaps and interest rate swaps
  • Stinson Leonard Street LLP
  • USA
  • July 25 2012

The Commodity Futures Trading Commission has proposed new rules to require certain credit default swaps, or CDS, and interest rate swaps to be cleared by registered derivatives clearing organizations, or DCOs


SEC proposes to adopt same 13d rules for security based swaps
  • Stinson Leonard Street LLP
  • USA
  • March 17 2011

Section 766 of the Dodd-Frank Act amends the Securities Exchange Act by adding Section 13(o), which provides that "for purposes of this section and section 16, a person shall be deemed to acquire beneficial ownership of an equity security based on the purchase or sale of a security-based swap, only to the extent that the SEC, by rule, determines after consultation with the prudential regulators and the Secretary of the Treasury, that the purchase or sale of the security-based swap, or class of security-based swap, provides incidents of ownership comparable to direct ownership of the equity security, and that it is necessary to achieve the purposes of this section that the purchase or sale of the security-based swaps, or class of security-based swap, be deemed the acquisition of beneficial ownership of the equity security


Recent SEC actions on broker voting, executive stock options, compensation and corporate governance and shareholder access to proxy statements
  • Stinson Leonard Street LLP
  • USA
  • July 10 2009

The Securities and Exchange Commission (SEC) recently approved a New York Stock Exchange (NYSE) proposal to eliminate broker discretionary voting for directors and a Chicago Board Options Exchange proposal related to stock options