The SEC has announced that Credit Suisse Securities and two affiliated Credit Suisse entities have agreed to pay more than US$10 million to settle the SEC’s charges that they provided prohibited underwriting and advising services to mutual funds
The report measures the effectiveness of NCAs’ supervision of CCPs’ due diligence and review process of clearing members, in line with requirements outlined in EMIR
AIMA, MFA and NAPFM file petition asking the US Court of Appeals to invalidate newly-adopted SEC rules on reporting and public disclosure of securities lending and short selling activity
This “near-final” policy statement responds to feedback advanced by the market on the CP 16/22 consultation paper on Basel 3.1 standards that was circulated in November 2022
