Modernizing Delivery Requirements Under the Federal Securities Laws (SIFMA and SIFMA AMG)
SIFMA and SIFMA AMG provided comments to the U.S. Securities and Exchange Commission (SEC) requesting that the SEC take necessary steps…
Summary
SIFMA submitted an Amicus “Friend of the Court” Brief
Court:
N.Y. Court of Appeals
Amicus Issues:
Whether the lead underwriter in an initial public offering owes a fiduciary duty to the issuer of securities to disclose conflicts of interest in connection with the pricing of the securities, absent a distinct relationship of higher trust that arises apart from the underwriting agreement.
Counsel of Record:
Cleary Gottlieb Steen & Hamilton LLP
Lewis J. Liman
Sheryl B. Shapiro
Michelle J. Parthum
Other Amici:
None.
More Submissions
Type:
Australia Public Country-by-Country Reporting Regime
SIFMA AMG, Investment Company Institute (ICI), American Chamber of Commerce in Australia (AmCham Australia), Information Technology Industry Council (ITI), Managed…
Type:
Confirmation Letter Related to the UST Clearing Working Group’s Accounting Treatment for UST Repo Transactions Cleared Through FICC White Paper
SIFMA provided comments to the U.S Securities and Exchange Commission (SEC) to confirm their discussion on July 29, 2025 with…