An investment banking and broker-dealer firm settled NYSE Arca and NYSE American charges for failing to submit, or submit in a timely manner, notifications in connection with its engagement in the distribution of securities.
An inter-dealer broker settled FINRA charges for non-compliance with SEC Regulation SCI ("Systems Compliance and Integrity") after the broker failed to determine that its alternative trading system was subject to the regulation.
The SEC Division of Trading and Markets granted no-action relief to security-based swap dealers from certain initial margin requirements for security-based swaps under SEA Rule 18a-3(c)(1)(ii)(B) ("Margin Requirements").
On February 26, 2021, Nasdaq filed Amendment No. 1 to its initial proposed rule change regarding board diversity disclosures, in response to more than 200 comment letters received from Nasdaq-listed issuers.
On Thursday, the U.S. Supreme Court ruled in favor of two U.S. corporations—Nestlé USA and Cargill—accused of aiding and abetting forced child labor in Ivory Coast in violation of the Alien Tort Statute.