SEC Enforcement Sidley Updates

U.S. SEC Options Market Structure Roundtable Contemplates Targeted Reforms to Modernize Options Markets

Thu, 23 Apr 2026 05:00:00 Z

FinCEN, Office of Foreign Assets Control Propose Anti-Money-Laundering Program and Sanctions Requirements for Stablecoin Issuers

Mon, 20 Apr 2026 05:00:00 Z

U.S. DOL Proposes New Safe Harbor for Selecting Investment Options for 401(k) Plans, Including Options With Alternative Assets

Mon, 06 Apr 2026 05:00:00 Z

Out With the New, In With the Old: The “Five-Part Test” Rides Again

Mon, 30 Mar 2026 05:00:00 Z

U.S. CFTC, SEC Enter Into Historic Memorandum of Understanding, Joint Harmonization Initiative to Enhance Regulatory Coordination

Fri, 27 Mar 2026 05:00:00 Z

U.S. CFTC Issues Guidance, Advance Notice of Proposed Rulemaking Regarding Prediction Markets

Mon, 23 Mar 2026 05:00:00 Z

U.S. Treasury and IRS Release First Proposed Regulations Implementing Trump Accounts

Wed, 18 Mar 2026 05:00:00 Z

U.S. DOJ Implements Uniform Corporate Enforcement and Voluntary Self-Disclosure Framework Across All Components Except Antitrust

Mon, 16 Mar 2026 05:00:00 Z

U.S. SEC Proposes to Scale Back 2024 Form N-PORT Amendments While Leaving Substantive Names Rule Requirements Intact

Mon, 09 Mar 2026 05:00:00 Z

New U.S. DOJ Antitrust Leadership Signals More Criminal Prosecutions and Longer Prison Sentences

Fri, 06 Mar 2026 06:00:00 Z

Asia Funds & Financial Services Newsletter

Fri, 20 Feb 2026 06:00:00 Z

FINRA Aims to Reduce Burdens Associated With Use of Negative Consent for Bulk Account Transfers or Assignments

Tue, 10 Feb 2026 06:00:00 Z

U.S. FTC Signals Renewed Interest in “Click-to-Cancel” Rulemaking

Mon, 09 Feb 2026 06:00:00 Z

U.S. CFTC Signals Imminent Rulemaking on Prediction Markets

Fri, 06 Feb 2026 06:00:00 Z

Chief Compliance Officer Discipline Remains on FINRA’s Radar

Tue, 03 Feb 2026 06:00:00 Z

U.S. CFTC Staff Issues No-Action Relief to Simplify Cross-Border Swaps Regulation

Wed, 21 Jan 2026 06:00:00 Z

The Comprehensive Outbound Investment National Security Act of 2025 Updates the U.S. Outbound Investment Regime: Key Takeaways

Thu, 08 Jan 2026 06:00:00 Z

Treasury Clarifies Outbound Investment Regulations with New FAQs on Publicly Traded Securities and the COINS Act

Thu, 08 Jan 2026 06:00:00 Z

SEC Issues Further Crypto Asset Security Guidance, Addresses Broker-Dealer Physical Possession and Asset Pairs Trading

Tue, 23 Dec 2025 06:00:00 Z

UK Financial Conduct Authority Finalises Non-Financial Misconduct Framework: What Firms Need to Do Now

Mon, 22 Dec 2025 06:00:00 Z

SFDR 2.0: Five Key Takeaways From the European Commission’s Proposal for Revising the EU Sustainable Finance Disclosure Regulation

Wed, 26 Nov 2025 06:00:00 Z

U.S. SEC Division of Examinations Announces 2026 Exam Priorities

Wed, 19 Nov 2025 06:00:00 Z

Breaking Down “Project Crypto”: SEC Chairman Atkins Outlines Next Phase of Digital Asset Oversight

Mon, 17 Nov 2025 06:00:00 Z

National Futures Association Repeals Virtual Currency and Virtual Currency Derivative Disclosure Requirements, Expands Others

Mon, 20 Oct 2025 05:00:00 Z

Notable Cases and Events in eDiscovery

Thu, 16 Oct 2025 05:00:00 Z

SEC Staff Issues No-Action Relief Permitting Use of State-Chartered Trust Companies as Qualified Custodians of Digital Assets

Fri, 03 Oct 2025 05:00:00 Z

SEC Changes Its Policy on Mandatory Arbitration Clauses: Considerations for Issuers and Others

Wed, 01 Oct 2025 05:00:00 Z

Notable Cases and Events in eDiscovery

Tue, 09 Sep 2025 05:00:00 Z

UK/EU Investment Management Update (September 2025)

Tue, 09 Sep 2025 05:00:00 Z

In this Sidley Update we cover, on the UK side, Financial Conduct Authority (FCA) enforcement actions for insider dealing and investment fraud, the FCA’s latest Investment Firms Prudential Regime (IFPR) newsletter, FCA multi-firm reviews covering conflicts of interest, market abuse, and off-channel communications, and HM Treasury’s proposed reforms to the Appointed Representatives (AR) regime.

On the EU side, we cover the European Securities and Markets Authority (ESMA) summary of EU national provisions on fund marketing, final regulatory technical standards on market abuse under the Markets in Crypto-Assets Regulation (MiCA), and the European Systemic Risk Board (ESRB) non-bank financial intermediation (NBFI) risk monitor report.

SEC Brings Enforcement Action Against Private Fund Adviser for Fee Offset Related Conduct

Tue, 26 Aug 2025 05:00:00 Z

Beyond the Jury Box: How the Hayes and Palombo Decision Potentially Reshapes Market Manipulation Law

Wed, 13 Aug 2025 05:00:00 Z

Notable Cases and Events in eDiscovery

Mon, 11 Aug 2025 05:00:00 Z

UK/EU Investment Management Update (August 2025)

Wed, 06 Aug 2025 05:00:00 Z

In this Sidley Update we cover, on the UK side, a discussion of the Leeds Reforms and related UK government plans for the financial services sector, consultation papers from the Financial Conduct Authority (FCA) on the Senior Managers and Certification Regime (SMCR), the Systematic Internaliser (SI) regime for bonds and derivatives and the transparency regime for equities, and significant enforcement actions relating to financial crime, lack of integrity, and crypto.

On the EU side, we cover a European Commission (Commission) proposal to amend the Solvency II Directive (Solvency II), updates on the EU Corporate Sustainability Reporting Directive (CSRD), the EU Taxonomy Regulation and related instruments, and a statement from the European Securities and Markets Authority (ESMA) regarding unregulated crypto products. We also discuss the latest report from the Financial Stability Board (FSB) on leverage in nonbank financial intermediation (NBFI).

FinCEN Postpones Effective Date of Anti-Money-Laundering Rule for Investment Advisers and Exempt Reporting Advisers

Mon, 21 Jul 2025 05:00:00 Z

The GENIUS Act: A Framework for U.S. Stablecoin Issuance

Mon, 21 Jul 2025 05:00:00 Z

UK/EU Investment Management Update (July 2025)

Tue, 08 Jul 2025 05:00:00 Z

In this Sidley Update we cover, on the UK side, new rules and guidance from the Financial Conduct Authority (FCA) on non-financial misconduct, significant enforcement actions including an Upper Tribunal decision upholding FCA ban of a former bank CEO, the final rules for the Private Intermittent Securities and Capital Exchange System, UK tax updates related to carried interest, and government consultations aimed at strengthening the UK’s sustainable finance framework.

On the EU side, we cover European Commission (Commission) proposal to reform the EU Securitisation Regulation, updates on the EU Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CS3D), and European Securities and Markets Authority (ESMA) (i) report on the integration of sustainability risks and (ii) call for evidence on streamlining transaction reporting.

Notable Cases and Events in eDiscovery

Tue, 08 Jul 2025 05:00:00 Z

Proposed Reform of EU Securitization Regulation — Implications for U.S. Securitizations

Wed, 25 Jun 2025 05:00:00 Z

Notable Cases and Events in eDiscovery

Thu, 05 Jun 2025 05:00:00 Z

UK/EU Investment Management Update (June 2025)

Tue, 03 Jun 2025 05:00:00 Z

In this Sidley Update we cover, on the UK side, the Financial Conduct Authority’s (FCA) final policy statement on its “name and shame” proposals, enforcement actions against various firms and individuals for improper or criminal conduct, the FCA review into small asset management firms, publication of final rules on investment research payments optionality for fund managers, consultation papers on improving the complaints reporting process for regulated firms and the UK cryptoassets regime, details on the UK’s new private stock market, and a consultation from His Majesty’s Revenue & Customs (HMRC) on the reform of UK international tax rules.

On the EU side, we cover a notable conviction in Luxembourg for money laundering offences, a Call for Evidence from the European Securities and Markets Authority (ESMA) regarding the EU retail investor journey, a Call for Evidence from the European Commission (Commission) regarding the future of the Sustainable Finance Disclosure Regulation (SFDR), simplification of the regulatory regime for small- and medium-size companies under the Omnibus IV legislative package, and the entry into force of amendments to the EU Benchmarks Regulation.

April's Notable Cases and Events in E-Discovery

Thu, 08 May 2025 05:00:00 Z

UK/EU Investment Management Update (May 2025)

Wed, 07 May 2025 05:00:00 Z

In this Sidley Update we cover, on the UK side, the UK proposals for the future regulation of alternative investment fund managers (AIFMs), the Financial Conduct Authority (FCA) consultation on the definition of capital for investment firms, the FCA’s new presence in the United States and Asia-Pacific, the publication of legislation to regulate UK crypto activity, and FCA speeches on its enforcement priorities and market abuse agenda.

On the EU side, we cover the European Supervisory Authorities (ESA) report on the functioning of the EU Securitisation Regulation, the European Commission (Commission) targeted consultation on the Integration of EU Capital Markets, and the European Securities and Market Authority (ESMA) consultation on the revised clearing threshold methodology under European Market Infrastructure Regulation (EMIR) 3.

U.S. CFTC Opens 30-Day Window for Comment on 24/7 Trading and Perpetual Derivatives, With Likely Implications for Digital Asset Markets

Tue, 29 Apr 2025 05:00:00 Z