Securities Sidley Updates

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

New York LLC Transparency Act Took Effect January 1, 2026; U.S.-Formed LLCs Exempt from Reporting Obligations

Wed, 25 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

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

Tue, 23 Dec 2025 06:00:00 Z

U.S. Commodity Futures Trading Commission Restores Longstanding Registration Relief for SEC-Registered Commodity Pool Operators

Mon, 22 Dec 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

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

Wed, 01 Oct 2025 05:00:00 Z

U.S. CFTC Staff Issues Advisory on Foreign Boards of Trade Registration, Clarifying U.S. Access for Offshore Digital Asset Exchanges

Thu, 04 Sep 2025 05:00:00 Z

SEC Evaluating Executive Compensation Disclosures Through Roundtable Discussion

Thu, 03 Jul 2025 05:00:00 Z

U.S. Senate Draft Retains Section 899 “Revenge Tax” in One Big Beautiful Bill Act

Fri, 20 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.

California Air Resources Board Advances Climate Disclosure Rulemaking: Key Developments

Mon, 02 Jun 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