filing requirements

FINRA Proposed Amendment to Deferred Compensation Rule

On June 6, FINRA proposed amendments to Rule 5110 that address current deferred compensation arrangements for financial industry advisory services in connection with public offerings, eliminate a filing requirement for exchange traded funds structured as statutory or grantor trusts, and new electronic filing requirements. Comments to the proposed amendments must be submitted by July 23.

SEC Rule on Filing Requirements for Dually-Registered Clearing Agencies

On July 7, the SEC adopted an interim final rule to amend Rule 19b-4 under the Exchange Act which expands the list of categories that qualify for summary effectiveness under Section 19(b)(3)(A) of the Exchange Act to include any matter effecting a change in an existing service of an SEC-registered clearing agency that primarily affects its futures clearing operations with respect to non-security futures and does not significantly affect any securities clearing operations of the clearing agency or the rights or obligations of the clearing agency or persons using such servicer. Comments must be submitted by September 15. SEC Rule.

Asia in Focus: NDRC has Issued 11 Guidelines to Implement Mandatory Filings of RMB Funds

On March 21, the National Development and Reform Commission of China issued 11 guidelines to implement certain filing requirements of RMB funds in six pilot locations, following its issuance of the Circular on Further Regulating the Development, and the Administration on Filings, of Equity Investment Enterprises in Pilot Locations in January. Click here to read more.