JD Supra: Mergers

APRIL 17, 2024

On April 5, 2024, a jury in California federal court found a former corporate executive liable for insider trading in SEC v. Panuwat, a novel enforcement action involving a theory known as “shadow trading.” In Panuwat, the U.S. By: Morrison & Foerster LLP

Trading 187

Trading Trading Securities Corporation Securities 187

The TRADE

APRIL 3, 2024

The Bank of England (BoE) and the UK Financial Conduct Authority (FCA) are working together to operate a new Digital Securities Sandbox (DSS) – a regime that will allow firms to use developing technology in the issuance, trading and settlement of securities. The closing date for responses is 29 May 2024.

Securities 69

Securities Bank Banking Financial Market 69

The TRADE

APRIL 30, 2024

The importance of these rules can be linked to the reshaping of the regulatory environment and ultimately creating a more robust trading environment and promoting investor confidence. A key objective of the regulation was to increase market transparency through the promotion of regulated trading venues and encouraging price discovery.

Financial Institution 69

Financial Institution Financial Market Risk Management Bank 69

The TRADE

OCTOBER 11, 2023

OPRA’s subscribers have now requested additional test time, which the authority has granted, with the go live now set for 5 February 2024, as opposed to the previously confirmed 5 October 2023. Speaking to The TRADE, David Taylor, chief executive of trading infrastructure provider, Exegy, explained: “That’s an enormous amount of data.

Equities 69

Equities Trading Trading Securities IT 69