Archive:October 17, 2023

1
Securities Lending Reform: Daily Public Reporting of Aggregate Loan Amounts in 2026
2
Australia: Licensing Comes to the Crypto Industry

Securities Lending Reform: Daily Public Reporting of Aggregate Loan Amounts in 2026

By: Stacy Fuller, Kristina Zanotti, and Chase Ponder

On 13 October 2023, the US Securities and Exchange Commission (SEC) adopted new rule 10c-1a under the Securities Exchange Act of 1934. The new rule is intended to shine light on the securities lending market by providing the SEC with detailed information about most securities loans and making public, including to boards of trustees who oversee registered funds that engage in securities lending, sufficient information about such loans and Loan Rates (defined below) that they may evaluate the fairness of the loans in which funds engage.

Read More

Australia: Licensing Comes to the Crypto Industry

By: Daniel Knight and Kithmin Ranamukhaarachchi

Yesterday the Australian Federal Government released its proposal paper on regulating the crypto industry (Paper). The government proposes to regulate exchanges, custodians and other digital asset service providers within the scope the Australian Financial Services (AFS) licensing regime.

Read More

Copyright © 2024, K&L Gates LLP. All Rights Reserved.