Insights

Law360: CFTC’s Berkovitz To Reunite With Gensler As Top SEC Lawyer

Patomak Global Partners Senior Advisor Jill Sommers is quoted in a Law360 article about former CFTC Commissioner Dan Berkovitz joining the SEC as the General Counsel. An excerpt of the reporter’s story includes her reaction to the announcement: Jill…
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By: Patomak Global Partners

RealClearMarkets: Mark-to-Market Taxation Will Harm Us All

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Consider it a warning sign when legislation coming off Capitol Hill includes language – even before it is enacted – indicating a federal agency will need to simplify its related rules. As former Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) Commissioners, we know too well the complexities in implementing rules to carry out legislative intent.

Options Market Participants Face New Regulatory Inquiries; Tried and True Remedies Are the Solution

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As families get through back-to-school checklists, Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC) are similarly going through their own regulatory check lists for options market participants. There are several new regulatory sweeps and enforcement inquiries being sent out now to options market participants, including questions about suitability, payment for order flow (PFOF), surveillance, and regulation of short sales issues.

Roll Call: Lawmakers’ Crypto Focus Strengthens Voice of SEC’s Peirce

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Patomak CEO Paul Atkins comments on SEC Commissioner Hester Peirce's efforts on cryptocurrency regulation in a Roll Call story.

ESG Developments

Patomak's Jamila Piracci and Ted Serafini highlight a few of the key themes from some of the comment letters that stakeholders have filed with the SEC in response to the March 2021 request for public input on the Commission’s existing climate change disclosure requirements and potential future changes to those requirements. They also provides additional considerations for how interested parties are likely to continue the dialogue with the Commission and its staff during the rulemaking process.

Prepared Remarks of Paul S. Atkins at the SEC Investor Advisory Committee

Paul Atkins served as a panelist at the SEC’s Investor Advisory Committee hearing on June 10 that focused on market structure.

EU Exports ESG to the United States

As widely reported, the newly confirmed Chair of the Securities and Exchange Commission (SEC or Commission), Gary Gensler, is expected to put forth proposals around disclosure of environmental, social and governance (ESG) factors, beginning with climate risk disclosure. While the U.S. is in the early stages of its ESG journey, the European Union (EU) is much further along.

SPAC Outlook Cloudy But the Need for Excellent Disclosure Is Clear

While there is plenty of uncertainty about the specific future of the Special Purpose Acquisition Company (SPAC) industry, it is clear that the industry is on the radar in Washington policy circles.

A Customized Compliance Fence Is Worth the Effort and Investment

Regulations already exist, but are firms building out compliance programs to navigate them in a way that meets regulatory expectations while also boosting risk monitoring and the bottom-line?

Patomak Webinar: Financial Services Regulatory and Enforcement Outlook for 2021

As the Biden Administration nears its 100 day mark and as agency leaders are confirmed in their roles, the new Administration's work of governing is getting underway. Patomak hosted a webinar moderated by Paul Atkins, and featuring former SEC, CFTC, Department of Justice, Department of Treasury, and CFPB officials who shared their expectations for how agencies will operate and how organizations can best prepare.