Litigation DevelopmentsSEC and Adviser/Broker-Dealer Agree to Settle Charges Alleging Failure to Disclose Conflicts of Interest with Respect to Revenue SharingEnforcement DevelopmentsSEC Rescinds Long-Standing Policy on Denials of Settlements in Enforcement ActionsHighlights from American Law Institute’s Accountants’ Liability Conference 2026SEC Announces Enforcement Results for Fiscal Year 2025 and Appoints New Enforcement DirectorNew and Proposed RulesSEC and CFTC Propose Significant Rollback of Form PF Reporting RequirementsFinCEN Proposes Rule to Reform AML/CFT Compliance FrameworkGuidance and Other DevelopmentsSEC Raises Qualified Client Thresholds Effective June 29, 2026SEC Expands Co-Investment Relief to Open-End Funds and Streamlines Board Approval Process for Affiliated TransactionsSEC Grants Exemptive Relief and No-Action Relief from Exchange Act Requirements to Facilitate the Operation of Dual-Class ETFsExplore the NewsletterRelated CapabilitiesInvestment ServicesRelated PeopleNathaniel SegalShareholderChicago+1 312 609 7747nsegal@vedder.comJacob C. TiedtShareholderChicago+1 312 609 7697jtiedt@vedder.comMark A. QuadeShareholderChicago+1 312 609 7515mquade@vedder.comJake W. WiesenShareholderChicago+1 312 609 7838jwiesen@vedder.comNicholas A. PortilloAssociateChicago+1 312 609 7665nportillo@vedder.comSamuel T. AlsipAssociateChicago+1 312 609 7599salsip@vedder.comWaylon M. BrysonAssociate*Chicago+1 312 609 7611wbryson@vedder.comDevin EagerAssociateWashington DC+1 202 312 3016deager@vedder.com
