Regulatory Notice 25-04: FINRA Rulebook Modernization
SIFMA provided comments to FINRA in response to Regulatory Notice (RN) 25-04. We welcome this effort to modernize and update…
Summary
Court:
U.S. Court of Appeals
(Second Circuit)
Amicus Issue:
Whether, in a SIPA liquidation, a subsequent transferee’s good faith under Section 550(b) should be decided under a subjective willful blindness standard or an inquiry notice standard. Whether, in such a proceeding, the burden of pleading a lack of good faith is appropriately placed on the trustee.
Counsel of Record:
Wachtell, Lipton, Rosen & Katz
Emil A. Kleinhaus
Other Amici:
American Bankers Association
More Submissions
Type:
Data Security Reforms for Federal Financial Regulators (Joint Trades)
SIFMA, The Bank Policy Institute (BPI), the American Bankers Association (ABA), and the Managed Funds Association (MFA) provided comments to…
Type:
Cboe Exchange v. SEC
Court: U.S. Court of Appeals (Seventh Circuit) Amicus Issue: Whether the SEC properly denied CBOE’s proposed rule to reclassify order…