USA - October 7 2021
On September 23, 2021, National Futures Association (“NFA”) rule amendments became effective that will permit NFA-member managers to authorize certain…
Marc E. Elovitz, Heather N. Wyckoff
USA - August 4 2021
As an increasing number of investment managers are exploring virtual currency spot and derivative trading as part of their investment programs…
Marc E. Elovitz, Heather N. Wyckoff
USA - July 1 2021
Section 205(a)(1) of the Investment Advisers Act of 1940, as amended (“Advisers Act”), generally prohibits registered investment advisers (“RIAs”)…
Patrick Dundas
USA - January 27 2021
On Oct. 15, 2020, the Commodity Futures Trading Commission ("CFTC") adopted a "Final Rule" on a new position limits regime that covers 25 physical…
Brian T. Daly
China, USA - November 13 2020
On Nov. 12, 2020, President Donald Trump signed an Executive Order1 that, effective Jan. 11, 2021, will impose a ban on trading by U.S. persons in the…
Brian T. Daly, Gregory L. Kinzelman, Betty Santangelo, Gary Stein, Hannah Thibideau