A Rule 10b5‐1 plan is a written securities trading plan that is designed to comply with Rule 10b5‐1(c) of the Securities Exchange Act of 1934, as amended. Any person or entity executing pre‐planned transactions pursuant to a Rule 10b5‐1 plan that was established in good faith at a time when that person or entity was
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Insurance Company Investments in Mortgage Loans – Affiliated Funds and Other Updates
Webinar | January 28, 2025Register here. 12:00 p.m. – 1:30 p.m. EST
On October 12, 2023, Mayer Brown’s cross-practice team presented a webinar on Insurance Company Investments in Mortgage Loans. If you missed our comprehensive overview on legal and practical considerations arising from such investments, you can review the webinar and related materials here…
What to Expect in 2025 – Structured Finance
January 15, 20151:00 – 6:45 p.m. EST
This highly anticipated in person only event will feature expert insights and actionable strategies to help you navigate the shifting landscape and capitalize on emerging trends in the year ahead.
The Agenda will include:
- US Government Policy Updates and Geopolitical Risks
- Consumer, Insurance Bank and other Regulatory Updates
…
FINRA Provides Guidance on Timing Requirements under Certain Broker-Dealer Financial, Operational and Reporting Rules in the Event of an Unexpected Close of Securities Markets (January 9, 2025 National Day of Mourning in Honor of President Carter)
On December 31, 2024, the Financial Industry Regulatory Authority, Inc. (“FINRA”) issued Regulatory Notice 24-18 (“RN 24-18”) to provide updated guidance to members regarding Rules 15c3-1, 15c3-3 and 17a-5 under the Securities Exchange Act of 1934 (“SEA”), Rule 204 under Regulation SHO, FINRA Rules 4210, 4230(b), 4521 and 4524, and Regulation T of the Federal…
January 9 Declared Federal Holiday in Honor of President Carter’s Funeral
As a result of the Executive Order of December 30, 2024, the federal government will be closed on January 9, 2025, for President Carter’s funeral. The NYSE and the Nasdaq have also announced that those exchanges will be closed on January 9, 2025, for equities trading.
There have been two more announcements related to January…
FINRA Seeks Public Comment on Proposed Rule Changes
On December 20, 2024, FINRA requested public comment on its proposed rule changes to Rules 5110 (Underwriting Terms and Arrangements), 5121 (Public Offerings of Securities With Conflicts of Interest) and 5123 (Private Placements of Securities). These proposed rule changes stem from comments received from the public in response to the May 2023 Regulatory Notice 23-09,…
SEC Adopts Amendments Mandating Certain Exchange Act Filings and Submissions to be Made Electronically; Also Adopts Technical Changes Regarding FOCUS Reports
On December 16, 2024, the Securities and Exchange Commission (“SEC”) adopted amendments (the “Amendments”) requiring the electronic filing, submission, or posting of certain forms required under the Securities Exchange Act of 1934 and the rules and regulations thereunder, using structured, machine-readable data language as appropriate. The SEC also adopted amendments to the Financial and Operational…
Be Prepared for “EDGAR Next” Changes So You Aren’t Locked Out of EDGAR Right Before a Filing Deadline
The US Securities and Exchange Commission (SEC) has adopted amendments that will change the way filers access and manage their accounts on EDGAR (changes collectively referred to as “EDGAR Next” by the SEC). Among other things, EDGAR Next will phase out and ultimately eliminate the EDGAR access codes that filers (and financial printers and other…
“Season’s Green-things” – The EU Green Bond Standard applies from 21 December
Christmas is coming early to the ESG bond market as the new EU Green Bond Standard applies from 21 December 2024.
The new standard is conceptually similar to existing ICMA use of proceeds standards but quite different in the detail.
Under the standard, net proceeds, subject to certain exceptions, must be allocated to EU taxonomy-aligned…
SEC Office of the Investor Advocate Report
The Securities and Exchange Commission’s Office of the Investor Advocate recently released its Report on Activities for the Fiscal Year 2024 to Congress. The Securities Exchange Act of 1934 requires the Investor Advocate to file two reports annually with Congress. The Office is mandated to assist retail investors, identify problems that investors may have, analyze…