SEC grants no-action relief from initial margin requirements.

FRB releases large bank capital requirements.  Firm settles NYSE Arca and NYSE American charges for notification failures on securities offerings. Firm settles FINRA charges for systems compliance and integrity violations. Cadwalader's Fund Finance Newsletter; "The ABCs of ESG." Cadwalader's Clients & Friends Memo; "Securities Litigation Update: First Circuit Holds That Future-Focused Risk Disclosures Are Not Misleading Absent "Grand Canyon"-Level Threat to Company."