Click on the links below to view SEC notices of exchange rule changes and proposals for the week of June 11 to June 15, 2018.
News & Insights
22403 News Results
The Committee considered recent SEC proposals that would set a best interest standard for broker-dealers that provide investment advice to retail clients and impose additional disclosure obligations on BDs and IAs.
FINRA will overhaul its registration and disclosure programs, including the Central Registration Depository.
The Federal Reserve Board approved a final rule to implement single-counterparty credit limits for domestic and foreign bank holding companies with $50 billion or more in total consolidated assets.
SEC Division of Corporation Finance Director William Hinman explained that the circumstances surrounding a digital asset determine whether it is considered a security. He concluded that Bitcoin and Ether are not securities under U.S. law.