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:
New York Supreme Court
(App. Div. First Dep’t)
Amicus Issue:
Whether a claim for breach of bailment contract accrues at the time of the interference with the customer’s interest in the securities (e.g., the allegedly unauthorized sale), or whether it accrues upon the customer’s demand for the securities years later.
Counsel of Record:
Milbank LLP
Scott A. Edelman
Antonia M. Apps
Jed Schwartz
John J. Hughes, III
Other Amici:
None.
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…