JD Supra

SEC Adopts Rules to Prevent Fraud and Undue Influence over CCOs in connection with Security-Based Swap Transactions

Quick Take: The SEC adopted rules under the Exchange Act to implement the Exchange Act’s prohibition on fraud, manipulation, and deception in connection with securities-based swap transactions and to ...
JD Supra

SEC Adopts Rules To Prohibit Fraud Related to Security-Based Swaps and Exertion of Undue Influence Over SBS Swap Dealer CCOs

On June 7, 2023, the Securities and Exchange Commission (SEC) adopted two new rules to address misconduct in the security-based swaps market. The first rule prohibits fraud, manipulation and deception ...