International

Avoid describing currency holdings as only “cash” if they include foreign notes when revealing your ETF portfolios

SEC staff has observed the disclosure of some ETF portfolio holdings identify foreign currency positions only as “cash.” However, this descriptor is not an appropriate ...

"It’s because we oversee the U.S. securities markets and have a real role to ensure they remain the most efficient, competitive, and resilient in the ...

Although Laidlaw had monitoring procedures to detect potential violations by reps of the quantitative prong of the Care Obligation, Laidlaw did not reasonably maintain and ...

"Regulators should be expected to exercise appropriate judgement in carrying out its investigative and sanctioning authority and to have an articulable basis for those decisions. ...

"We proposed reforms that would require funds and advisers to stand by their ESG claims, and accurately communicate to investors how they are incorporating ESG ...

"It is important that any rate used to replace LIBOR be robust and not ill clad. Certain alternatives being considered in the markets, however, present ...

If the Federal Trade Commission has its way, private equity fund advisers engaged in large acquisitions would have to report their significant limited partners as ...

Six years of 'no-action' relief around soft dollars research quietly end

"I am disappointed that the SEC staff has decided not to extend the MiFID II Relief for a modest additional period to accommodate these potential ...