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The SEC proposed a new safeguarding rule, which if approved will be new rule 223 1 under the Investment Advisors Act and replace the current custody rule. Comments must be received by the SEC on or before 60 days after the rule’s publication in the Federal Registrar.
Yesterday, the Securities and Exchange Commission the Securities (the “SEC”) brought charges against Terraform Labs PTE Ltd and Do Hyeong Kwon (the “Defendants”), both based in...
Primary HSR filing threshold will be increased to $111.4 million - The Federal Trade Commission has announced revisions to HSR Act and Clayton Act Section 8 thresholds,...
FTC has announced revisions to HSR Act and Clayton Act Section 8 thresholds, which are indexed in alignment with prior year economic activity. This alert identifies the adjustments that are likely to be the most relevant, and reiterates several important practice tips.
<p><span>The Commission’s settled enforcement action finds that Bloomberg Finance, L.P. (“Bloomberg”) violated Section 17(a)(2) of the Securities Act of 1933, which prohibits the use of materially false statements to obtain money or property in the offer or sale of securities.</span><a name="_ftnref1" href="https://www.sec.gov/news/statement/peirce-uyeda-statement-bloomberg-finance-012423#_ftn1">[1]</a><span> Because we do not believe that the particular statements at issue were made in the offer or ...