The digital transformation of compliance will probably be the biggest change in our profession since the move to operationalizing compliance in the past decade. Legal professionals are.
In a speech on March 25, 2022, Assistant Attorney General Kenneth Polite, Jr. provided significant details regarding Department of Justice ("DOJ") expectations for corporate compliance programs.
A recent decision by the SEC will promote transparency as its cure for misuse of derivatives. Market participants are concerned that transparency will enable those who might manipulate markets by letting them know the positions and strategies of market participants.
If adopted, the proposals will likely impact market practices - In a trinity of proposing releases rolled out in less than three months, the SEC has comprehensively.
Katten highlights key noteworthy developments potentially affecting financial markets and funds such as: sec's move to regulate private funds, 2022 examination priorities, sec and defi regulations, employee monitoring, and the cftc and retail markets.