Partner
Norton Rose Fulbright US LLP
Mark Highman is a securities and derivatives regulation lawyer based in New York. He represents broker-dealers, investment advisers, commodity pool operators and commodity trading advisers on their regulatory requirements under US federal securities laws and the Commodity Exchange Act.
Mark advises regulated firms on the SEC, CFTC, FINRA, FinCEN and NFA Rules, including the requirements applicable to employees, communications, customers, anti-money laundering, privacy, research, recordkeeping, trading, and supervision.
Recent Articles & Comments
Appeals courts are split on both what counts as a swap and how far federal law preempts state law.
…Will FINRA follow suit with liberalized work-from-home requirements?
The MOU and Harmonization Initiative provide a unique opportunity for market participants to engage with the SEC and CFTC on the creation of a harmonized regulatory framework across securities and derivatives markets. Firms should consider conducting a comprehensive inventory of overlapping SEC and CFTC regulations that impede their business, and offer solutions to eliminate unnecessary duplication while preserving investor protection and market integrity. All types of firms should consider…
CFTC Letter 25-49 is an important adjunct to the CFTC rulemaking on ITBC Swaps, providing CFTC-registered swap dealers with the same relief from business conduct and documentation requirements with respect to ITBC Swaps conducted on specified U.K. trading platforms as apply to ITBC Swaps conducted on Exempt SEFs in the European Union, Singapore and Japan.