Regulation M Amendments and Effect on Offerings
The US Securities & Exchange Commission (SEC) Regulation M (Reg M) is intended to limit activities of certain participants in a distribution, which may have a manipulative influence on the market for an offered security. Last year, the SEC adopted final amendments to Reg M, which remove references to credit ratings from Reg M, replace them with alternative measures of credit worthiness, and impose related recordkeeping requirements on broker-dealers. During this session, topics covered by Mayer Brown partners, Ryan Castillo, Steffen Hemmerich and Jerry Marlatt, include:
- An overview of Reg M, specifically, Rules 101 and 102
- An overview of the SEC's final adopted Reg M amendments, including new exceptions
- Reg M's new record-keeping obligations under the Exchange Act
- Reg M reporting obligations under FINRA rules
- The impact on broker-dealers and other related considerations
- Related market developments
CLE credit is pending.
Thursday, March 14, 2024
United States
11:00 a.m. – 12:00 p.m. EDT
10:00 a.m. – 11:00 a.m. CDT
9:00 a.m. – 10:00 a.m. MDT
8:00 a.m. – 9:00 a.m. PDT
Europe
3:00 p.m. – 4:00 p.m. GMT
4:00 p.m. – 5:00 p.m. CET
For additional information, please contact Caitlin Kaplan at ckaplan@mayerbrown.com.
