As reported previously, the NY Department of Financial Services (the “NYDFS”) published proposed comprehensive cybersecurity rules that would apply to financial institutions holding a state license. On December 28, 2016, the NYDFS published revised rules, taking into account some, but not all, of the objections to the original rules. The new rules have a 30… Read more »
Monthly Archives: January 2017
SEC’s Office of Compliance Inspections and Examinations Publishes 2017 Priorities
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (the “OCIE”) has published it 2017 exam priorities. These include (i) matters important to retail investors, (ii) risks to elderly and retiring investors and (iii) market-wide risks. In terms of the latter, the OCIE will focus on: (i) compliance with the 2014 amendments to… Read more »
FINRA Exam Priorities for 2017
The Financial Industry Regulatory Authority (“FINRA”) issued a letter setting forth its exam priorities for 2017. These include a focus on implementation of Regulatory Notice 15-46 on Best Execution, and exhorting firms to consider the continuing automation of the markets for equity securities and standardized options, and recent advances in trading technology and communications in the fixed… Read more »
Trademark Name and Logo Re-Registration in the United Kingdom
Commentators are suggesting that it is not clear whether a “Brexit”, meaning a U.K. exit from the European Union as approved in the recent U.K. referendum, will have an effect on recognition of the E.U. patent and trademark regimes. E.U. countries have a dual registration regime, so that it is possible to register at the E.U. and national… Read more »