United States: SEC Adopts Rules To Require Registration Of Certain Persons Engaging In Liquidity-Providing Activities As "Dealers" And "Government Securities Dealers" - Mayer Brown

On February 5, 2024, the U.S. Securities and Exchange Commission ("SEC") adopted new rules – SEC Rules 3a5-4 and 3a44-2 (collectively, the "Final Rules") – to further define the phrase...