In an article published in The Investment Lawyer, Partner Amy Doberman explains the history of cross-trading guidance and relief, the subsequent reluctance to adopt cross-trading and the eventual interpretive.

As an industry the financial sector outpaces other economic sectors in cybersecurity preparedness. Despite these efforts, however, cyber criminals still target bank networks, their executives, key employees with escalated privileges, and third parties with important connections to financial institutions.

As an industry, the financial sector outpaces other economic sectors in cybersecurity preparedness.

The Commodity Futures Trading Commission (CFTC or Commission) recently took several steps to further encourage cooperation with and self-reporting to the Commission's Division of Enforcement (Division).

Exchange-traded fund (ETF) products and sales have proliferated dramatically in the past five years and the trend promises to continue.

The Financial Crimes Enforcement Network ("FinCEN"), the US Department of the Treasury bureau responsible for combating money laundering and terrorist financing, has been by far the most impactful federal regulator of Bitcoin and other virtual currency.

Offensive disclosure leans towards obvious exhibition and expression in public. It invites engagement, for the purpose of obtaining from clients (and demonstrating to regulators) informed consent.

New regulations issued by the Department of Defense (DOD) under the Military Lending Act (MLA) will have a major impact on financial institutions.

Compliance with the Final Guidance on the cross-border application of the swaps provisions of the Dodd-Frank Act recently took effect.

The Securities and Exchange Commission (SEC) security-based swap dealer rules have finally been issued, and a large amount of work will be required to comply.

The nomination is subject to confirmation by the US Senate.

Those who have followed the rulemaking under the Durbin Amendment and the merchants’ litigation challenging the final debit interchange fee rule, Regulation II, have been treated to an extended debate about arcane cost issues the likes of which normally occupy ratemaking boards, not the Federal Reserve Board.

In recent years, OFAC has made the securities industry one of its compliance and enforcement priorities.

Market leaders and major investment banks turn to WilmerHale for capital markets legal advice and business advantage. In 2022, we handled more than 50 public offerings, Rule 144A ...

Market leaders and major investment banks turn to WilmerHale for capital markets legal advice and business advantage.

As North Korea continues its provocative missile tests and nuclear activities, the United States appears poised to adopt secondary sanctions that would target Chinese and other firms conducting business with Pyongyang.

Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act1 (the Dodd-Frank Act or the Act) established a comprehensive new regulatory framework for the previously unregulated swaps and security-based swaps markets.

In an expert analysis published in Law360, Partner Franca Harris Gutierrez, Senior Counsel Julie Williams and Associate Andrew Lindsay dive into what's next for national bank preemption following SCOTUS' decision...

In an article published in the Financial Times Adviser, Counsel Imogen Makin discusses the Financial Conduct Authority's recent shift away from its February 2024...

Partner Michael Leotta co-authored an article published in the Journal of Financial Compliance about the potential risks for traditional depository institutions that do not monitor for and prevent off-channel communications.