network this weekend to pass the inflation reduction act of 2022. this legislation would be historic investing in things like combatting climate change, extending access to obamacare and finally, finally letting medicare negotiate with drug companies. but this is only after wheeling and dealing with you know who of course arizona senator kirsten sinema who demanded the preservation of a major tax loophole and forget this. the extremely rich hedge fund managers. the side eye is for you, we will talk more about that in a minute but first, republicans are starting to see that face bumping over the nine military and military aid are trying to obliterate abortion rights in kansas tonight go quite as well as they think. the defeat was kind of like when craig took down deebo and friday, you guys remember that? psychotic. regardless, they did not stop trump and back candidates from a sweeping victory in arizona s primaries. former tv anchor and corn election denier, kari lake said he
sometimes they can go left when so celebrities are uninformed and get involved. i m curious your thoughts. like i said, celebrities don t always equate to votes. you re thoughts on celebrity involvement? i m happy to see it, but i m curious how you can best use utilize it and make sure the informed. i think that s absolutely right. you have candidates in both parties you celebrities for fundraising, for elise, et cetera. whether that equates to votes, i m not sure. it draws crowds more than anything else. it raises money. the difference you see here with john stewart s, this was an issue that was it wasn t necessarily getting attention in a very crowded media environment. he was able to lift it up. i d like to see more celebrities. yes, while fund-raisers and events are important. i would like to see celebrities
INTRODUCTION
The U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) have each published their annual examination priorities for 2021, signaling areas of scrutiny that broker-dealers should expect in upcoming regulatory exams. Both sets of priorities offer a road map of the issues of concern to regulators and provide guidance on what market participants – particularly broker-dealers – can do to anticipate those concerns and mitigate regulatory risks. Given the shared focus of both the SEC and FINRA in certain areas, broker-dealers should pay close attention to aspects of their businesses where these shared priorities overlap. This alert explores several of these areas of mutual concern, namely (i) information protection and cyber security, (ii) anti-money laundering policies, and (iii) sales practices, especially as they relate to Regulation BI obligations. We conclude by offering some practical takeaways to help broker-dealers mitig
Monday, April 5, 2021
Not far behind the dramatic increase in the use of special purpose acquisition companies (SPACs) is a corresponding increase in the number of shareholder lawsuits and increased activity at the US Securities and Exchange Commission (SEC). In recent days, Reuters reported that the SEC opened an inquiry seeking information on how underwriters are managing the risks involved in SPACs,
[i] and the SEC’s Division of Corporation Finance (Corp Fin) and acting chief accountant have issued two separate public statements on certain accounting, financial reporting and governance issues that should be considered in connection with SPAC-related mergers.
[ii] This increase in activity by SEC staff comes on the heels of nearly two dozen federal securities class action filings, several SEC investor alerts and earlier guidance from Corp Fin.