Equity Markets Advisory Content

ICI has filed a letter with the Commodity Futures Trading Commission (CFTC or "Commission") on the CFTC's proposed amendments ("Proposal") to its swap clearing requirements reflecting the cessation of LIBOR and certain other IBORs and the transition to alternative reference rates (i.e...

The Office of Information and Regulatory Affairs released the Spring 2022 Unified Agenda of Regulatory and Deregulatory Actions on June 21, 2022.

On June 10, ICI filed a comment letter on the SEC's proposed regime for the registration and regulation of security-based swap execution facilities (SBSEFs). The Proposal seeks to closely harmonize with analogous CFTC rules for swap execution facilities (SEFs), except in certain...

On May 27, ICI filed a comment letter on the Securities and Exchange Commission's (SEC or "Commission") proposed new rules that would further define the phrase "as part of a regular business," as used in the definitions of "dealer" and "government securities dealer" under Sections 3(a...

On May 24, the US Court of Appeals for the DC Circuit upheld the SEC's Market Data Infrastructure Rule. The final rule, which the SEC unanimously adopted in December 2020, expands the national market system ("NMS") market data content and replaces the exclusive securities information...

ICI has filed the attached supplemental comment letter with the SEC on its large security-based swap ("SB swap") position reporting proposal.

n March 28, the Securities and Exchange Commission (SEC or "Commission") proposed new rules ("Proposal") that would further define the phrase "as part of a regular business," as used in the definitions of "dealer" and "government securities dealer" under Sections 3(a)(5) and 3(a)(44)...

Earlier today, ICI filed the attached comment letter in response to a FINRA regulatory notice expressing concerns associated with the sale of complex products and options to retail investors, and soliciting comment on related practices and potential rule enhancements.

In April, the International Organization of Securities Commissions (IOSCO) issued a discussion paper on the corporate bond markets, focusing on their experiences during the COVID-19 induced market stress of March 2020.

The SEC recently re-proposed rules that would create a regime for the registration and regulation of security-based swap execution facilities (SBSEFs).