Retail investors in British Columbia, Alberta, Saskatchewan, Manitoba and New Brunswick (Participating Jurisdictions) now have a new option by which they can participate in private placements.
Earlier this week, the President released his budget proposals for fiscal year 2017 (the “Proposed Budget”) (Treasury Department’s Green Book).
The European Commissioner for Financial Stability, Financial Services and Capital Markets Union, Jonathan Hill, and United States Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad have announced a common approach regarding requirements for central clearing counterparties (CCPs).
From the moment it was published in July 2014, Crawford v. LVNV Funding, LLC, 758 F.3d 1254 (11th Cir. 2014)—the first reported appellate decision holding that a plaintiff may state a claim under the Fair Debt Collection Practices Act based on a creditor’s bankruptcy proof of claim for an out-of-statute debt—spawned a flurry of litigation both within and outside the Eleventh Circuit.
Members of the Canadian Securities Administrators (CSA) from the provinces and territories of Canada other than Ontario, Manitoba and Quebec recently published their product determination rule, Multilateral Instrument 91-101 Derivatives: Product Determination (MI 91-101), which specifies the types of over-the-counter derivatives that will be subject to the new derivatives data reporting rule applicable in their jurisdictions.