Access to Americans’ Bulk Sensitive Personal Data and Government-Related Data by Countries of Concern
SIFMA provided comments to the U.S. Department of Justice, National Security Division on the proposed rulemaking concerning bulk data transfers…
SIFMA provides comments to the Securities and Exchange Commission (SEC) on a proposal disqualify felons and bad actors from securities offerings. The proposed Rule 506(c) under Regulation D of the Securities Act of 1933 to would implement Section 926 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), Release No. 33-9211; File No. S7-21-11.
While SIFMA supports the policy underlying Section 926 of the Dodd-Frank Act, SIFMA believes that Proposed Rule 506(c) is overly broad and, if adopted, would lead to the disqualification of many broker-dealers, particularly larger full-service firms, from being able to participate as selling or placement agents in Rule 506 offerings, and would also make it more difficult and costly for asset managers who advise investment funds to discharge their fiduciary duties. The result will be a less efficient, and more costly, capital raising process for issuers who likely will not have ready access to other traditional sources of financing/capital, such as bank loans.
SIFMA provided comments to the U.S. Department of Justice, National Security Division on the proposed rulemaking concerning bulk data transfers…
SIFMA, SIFMA AMG, the Investment Company Institute (ICI), Alternative Investment Management Association (AIMA), and the International Swaps and Derivatives Association…
SIFMA, SIFMA AMG, the Investment Company Institute (ICI), Alternative Investment Management Association (AIMA), and the International Swaps and Derivatives Association…
We use cookies to provide our site visitors a valuable experience as well as relevant content and services. Please carefully review our Privacy Policy and Terms of Use; by using this website, you agree to the information set forth therein.