The Securities and Exchange Commission (SEC) proposes rules on security-based swaps requiring public reporting of large positions, enforcing anti-fraud and anti-fraud requirements and prohibiting actions to exert undue influence on a CCO – Companies Law / Trade Law

The Securities and Exchange Commission (SEC) proposes rules on security-based swaps requiring public reporting of large positions, enforcing anti-fraud and anti-fraud requirements and prohibiting actions to exert undue influence on a CCO – Companies Law / Trade Law

On December 15, 2021, the Securities and Exchange Commission (“SEC”) voted 3-2 to propose three rules under the Securities Act of 1934 (“the Stock Exchange Act”) regarding securities-based swaps.1 The proposed Rule 10b.1 requires anyone with a position in security-based swaps to provide a schedule that publicly discloses information regarding a person’s security-based swap positions …

The Securities and Exchange Commission (SEC) proposes rules on security-based swaps requiring public reporting of large positions, enforcing anti-fraud and anti-fraud requirements and prohibiting actions to exert undue influence on a CCO – Companies Law / Trade Law Read More »