ISDA identified key issues regarding the current derivatives contractual framework in the hopes of developing a global standard for the quickly growing digital asset market.
News & Insights
The SEC proposed amendments to enhance share repurchase disclosure regulations that would require (i) issuers to provide more comprehensive disclosures on a new Form SR regarding each day that an issuer, or affiliated purchaser, makes a share repurchase and (ii) more frequent disclosures of share repurchases.
The SEC proposed amendments to Investment Company Act requirements applicable to money market funds. The requirements are generally aimed at preventing a run on money market funds during a time of financial crisis.
The SEC proposed amendments to Exchange Act rules on insider trading. The proposed changes would (i) add new obligations for parties seeking safe harbor protections and (ii) impose additional disclosure requirements.
The U.S. District Court for the Eastern District of Virginia dismissed an SEC insider trading case that was based on inferences drawn from conversations between defendants and changes in trading patterns.