This commentary is general information, not legal advice. Rules and their interpretations change; check the current rules or consult counsel before acting on anything here. By Mark J. Astarita, Esq. On October 6, 2026, the SEC moved in the Southern District of New York for entry of a final judgment […]
Other News
Flagged by an Algorithm? What AI Surveillance of Insider Trading Means If the SEC or FINRA Comes Calling
By Mark J. Astarita, Esq., Sallah Astarita & Cox, LLC This commentary is general information, not legal advice. Rules and their interpretations change; check the current rules or consult counsel before acting on anything here. A recent article on Mondaq, “Can The SEC Use AI To Detect Insider Trading? How […]
SEC, FSA Hold Autumn Financial Regulatory Dialogue
The U.S. Securities and Exchange Commission (SEC) and the Financial Services Agency of Japan (FSA) convened the Autumn SEC-FSA Financial Regulatory Dialogue in Tokyo on Oct. 19, 2026.The SEC–FSA Dialogue builds upon longstanding efforts between the two… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita […]
SEC and AMF Announce Supervisory MOU To Enhance Cooperation for Investment Advisers and Investment Service Providers
The U.S. Securities and Exchange Commission (SEC) and the French Autorité des Marchés Financiers (AMF) announced that they have entered into a Memorandum of Understanding (MOU) designed to facilitate consultation and information-sharing in the… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita & Cox, at […]
SEC Announces Roundtable on Machine-Understandable Data in the Age of Super Intelligence
The Securities and Exchange Commission announced today that it will host a roundtable on November 9, 2026, to discuss the use of machine-understandable data and Super Intelligence (SI) and related risks and costs.“In the age of SI, high-quality… SEC Press Release For more information, contact the securities lawyers at Sallah […]
SEC Small Business Advisory Committee to Discuss IPO Modernization and Regulation Crowdfunding
The Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee announced that it will hold a meeting on Tuesday, October 27, 2026, at 10 a.m. to continue discussing IPO modernization and explore potential policy… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita & Cox, at 212-509-6544 […]
The End of the Pattern Day Trader Rule Is Not the End of Day-Trading Exposure: A Defense Lawyer’s View
FINRA’s 2026 intraday margin rule eliminated the pattern day trader designation and the $25,000 minimum, but FINRA Rules 2130 and 2270 remain in force. Securities attorney Mark J. Astarita discusses the supervisory, enforcement and arbitration exposure for broker-dealers and practical defense steps.
SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its affiliates under certain conditions. The proposed amendments… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita & Cox, at 212-509-6544 […]
SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case
The Securities and Exchange Commission today moved for entry of a final judgment by consent against Stephen Kenneth Leech II, the former co-chief investment officer of registered investment adviser Western Asset Management Company LLC, whom the SEC… SEC Press Release For more information, contact the securities lawyers at Sallah Astarita […]
SEC to Host Virtual National Compliance Outreach Seminar for Investment Companies and Investment Advisers
The Securities and Exchange Commission’s Compliance Outreach Program announced today that it will host a virtual national seminar for investment companies and investment advisers on November 19, 2026. The purpose of the event is to help chief compliance… SEC Press Release For more information, contact the securities lawyers at Sallah […]
