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Abstract: 

SEC Chairman Paul Atkins has an opportunity to implement many common-sense reforms of the federal securities laws. In this article, the authors discuss six actions the SEC can take: (1) withdraw SEC Staff bulletins on standards of conduct for brokerdealers and investment advisers; (2) withdraw stay of amendments to FINRA Rule 2210 to allow broker-dealers to use projected and target performance; (3) increase monetary thresholds under the M&A Broker exemption; (4) adopt an exemption from broker-dealer registration for finders; (5) update electronic delivery guidance; and (6) facilitate capital formation through private funds.

Keywords: Form PF; Investment Company Names Rule; Form N-PORT Reporting; Standards of Conduct; Private Funds

Affiliations:  1: Willkie Farr & Gallagher LLP; 2: Willkie Farr & Gallagher LLP.