Environmental Credits and Environmental Credit Obligations
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Proposed Accounting Standards Update—Environmental Credits and Environmental Credit…
Summary
Court:
U.S. Supreme Court (petition for writ of cert.)
Amicus Issue:
Whether a foreign issuer with no presence in U.S. securities markets is nevertheless subject to securities fraud claims under the Exchange Act if an unrelated party brings the issuer’s securities into the United States and trades in those securities — or even in a security derived from the foreign issuer’s securities.
Counsel of Record:
Cleary Gottlieb Steen & Hamilton LLP
Lewis J. Liman
Jared Gerber
Lina Bensman
Pekham Pal
Other Amici:
Competitive Enterprise Institute
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Type:
Potential Modernization of Municipal Fund Securities Disclosure Obligations
SIFMA provided comments to the Municipal Securities Rulemaking Board (MSRB) in response to the Concept Release regarding its Potential Modernization…
Type:
SIFMA AMG Recommendations on Private Markets Regulatory Reforms
SIFMA AMG provided comments to the U.S. Securities and Exchange Commission (SEC) regarding potential regulatory reforms to enhance retail access…