In this issue of CFWD we discuss:

  • SEC’s Proposal on Reforming Credit Ratings
  • SEC’s Division of Corporation Finance Releases Staff Legal Bulletin
    on Section 3(a)(10) of the Securities Act of 1933
  • Second Circuit Affirms Convictions: LLC Units Deemed “Securities”
  • Wisconsin Supreme Court Affirms Conviction for State Securities Fraud
  • FINRA Issues Guidance Relating to Illiquid Investments
  • NYSE Arca Proposes Trading Options on Index-Linked Securities
  • SEC Approves New DTC/NSCC Service for Institutional Delivery Netting
  • FINRA Issues 2007 Annual Report
  • CFTC Conditions U.S. Customer Access to Foreign Market
  • CFTC Seeks Public Comments on Petition from ICE Clear Europe, Ltd.
  • OCC Releases Survey Regarding Bank Underwriting Standards
  • Woolworths Fined £350,000 for Breaches of Disclosure Rules and Listing Principles
  • Companies Act 2006: Application of Accounting and Audit Provisions to
    Limited Liability Partnerships
  • FSA Publishes FAQs on Short Positions Disclosure Regime
  • FSA Publishes Feedback on Deduction of Investments in Subsidiaries