Rulemaking

SEC weighs in on the Jobs Act

The JOBS Act (Jumpstart Our Business Startups) is now being looked at by the S.E.C. in the SEC's public comments on SEC regulatory initiatives under the JOBS Act, they stated:

“The Jumpstart Our Business Startups Act includes provisions that require the SEC to undertake various initiatives, including rulemaking and studies touching on capital formation, disclosure and registration requirements.

Major reforms in UK financial regulation: Draft Bill and White paper produced

The most significant modification in a decade to the UK’s financial regulatory architecture began to take shape on 16 June 2011 with the publication of the Government’s financial regulation White Paper. This provides some further detail on the Government’s proposed reforms to the UK financial regulatory regime and also contains a draft Bill to amend the existing banking and financial services legislation.

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