Section 78j – Manipulative and Deceptive Devices
In short, Section 78j of the U.S. Code prohibits manipulative and deceptive practices in securities transactions, outlining rules against fraudulent activities, insider trading, and specific trading strategies that could harm investors or the financial system.
SEC Implements Rule 10c-1a for Enhanced Reporting in Securities Lending Market
The SEC has adopted Rule 10c-1a, effective January 2, 2024, to enhance transparency in the securities lending market. This rule requires detailed reporting to FINRA, impacting lenders, borrowers, and broker-dealers. It reflects a significant shift from the Proposed Rule of 2021 and introduces operational and compliance challenges for market participants.
What are the legal considerations for Initial Coin Offerings (ICOs) in 2024?
Explore the 2024 ICO legal landscape with expert John Montague. Delve into the classification of digital tokens, SEC registration requirements, and the Howey test application. Essential insights for understanding ICO complexities in the current legal framework
Navigating the Uniform Commercial Code Florida: A Business Owner’s Guide
Navigating the complex world of the Uniform Commercial Code (UCC) can be a daunting task
Understanding Shell Company Meaning: Is It Just a Facade for Illicit Activities?
In the world of business and finance, shell companies often spark intrigue and controversy. While
Navigating Cease and Desist Letters in Florida: A Comprehensive Guide for Business Protection
Discover how to effectively use cease and desist letters in Florida to safeguard your business and legal rights. Learn the essentials of drafting a clear, legally sound letter, understand the nuances of cease and desist law in Florida, and explore strategies for dealing with non-compliance. Our guide provides invaluable insights and advice for business owners and individuals facing infringement or harassment, ensuring you’re well-prepared to take decisive action.