SEC and CFTC Agree to Align Regulatory Approaches, Hedge Fund Law Report

Hedge Fund Law Report quoted partners Stacie Hartman and Robert A. Schwartz in an article about a new SEC-CFTC memorandum of understanding aimed at aligning enforcement priorities, examination practices, and information-sharing protocols.

Stacie discussed the potential impact of coordinated examinations and enforcement, noting that the agreement could help address concerns about overlapping regulatory actions. “This MOU, and what it strives for in terms of collaboration, coordination and information sharing, could, if fully put in practice as written, make a real difference,” she said.

Rob highlighted the limitations of the agreement absent further regulatory action, particularly regarding product definitions. “Working out definitions is going to take rulemaking, and that is a months-long enterprise, at least,” he said.

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