Latham and Watkins has posted an excellent summary of the SEC's recently updated Statutory Definitions of Dealer and Government Securities Dealer. It outlines new language and definitions that clarify "dealers" and their requirements and exceptions thereto.
See the attached link to Latham and Watkins Global Financial Regulatory blog from February 26, 2024:
Today marks the 40th anniversary of the founding of Tellefsen and Company. Gerald (Jerry) Tellefsen started the firm in April of 1984 with Wayne Rosen. Jerry ran Booz, Allen & Hamilton’s financial ser
On December 18th, the CFTC issued a "Notice of Proposed Rule making to Require FCMs, Swap Dealers and Major Swap Participants to Establish an Operational Resilience Framework". The attached is the Fac
In light of the January 2023 ION Markets/Fidessa ransomware attack, John Rapa and Michael Phillips of VSEC participated in a podcast hosted by R.Tamara deSilva of the deSilva Law Offices. The followin