Bridging the Week by Gary DeWaal: March 20 to 24 and March 27, 2017 (SARs and Red Flags; International Spoofing; Pre-Execution Discussions; Making Capital Markets Great Again)

Published Date: March 27, 2017

Last week, a registered broker-dealer was charged by the Financial Industry Regulatory Authority for failing to consider whether problematic trading by certain direct market access clients that caused it to limit or stop their trading also warranted filing suspicious activity reports with the Financial Crimes Enforcement Network. Additionally, stock traders were substantially penalized in Singapore and China for engaging in spoofing-type conduct following first-of-their-kind enforcement activities by local authorities. Finally, Jay Clayton, President Trump’s nominee to serve as Chairman of the Securities and Exchange Commission, testified before a Senate committee that, if confirmed, he hoped to enhance US capital markets to make them more attractive to potential new issuers – perhaps by reducing regulations. As a result, the following matters are covered in this week’s edition of Bridging the Week:

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ABOUT GARY DEWAAL

Gary DeWaal

Gary DeWaal is currently Special Counsel with Katten Muchin Rosenman LLP in its New York office focusing on financial services regulatory matters. He provides advisory services and assists with investigations and litigation.


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ABOUT KATTEN

Katten is a firm of first choice for clients seeking sophisticated, high-value legal services in the United States and abroad.

Our nationally recognized practices include corporate, financial services, litigation, real estate, environmental, commercial finance, insolvency and restructuring, intellectual property, and trusts and estates.

Our approximately 650 attorneys serve public and private companies, including nearly half of the Fortune 100, as well as a number of government and nonprofit organizations and individuals.

We provide full-service legal advice from locations across the United States and in London and Shanghai.

CONTACT US

Gary DeWaal
Katten Muchin Rosenman LLP
575 Madison Avenue
New York, NY 10022-2585

+1.212.940.6558




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