Securities Enforcement. Corporate Investigations. Financial Regulation.
Independent analysis of the laws, regulations, investigations, and enforcement actions shaping modern financial markets.
BRAEDEN ANDERSON
Braeden is one of the top securities lawyers in the country and was recognized by Best Lawyers: Ones to Watch® in America in the Financial Services Regulation Law and Securities Regulation categories. This honor is awarded to only the top 2% of attorneys in the United States and is based on a comprehensive peer-review survey.
Braeden helped lead Gesmer Updegrove to recognition in The Legal 500 United States for Corporate Investigations & White Collar Crime, Tier 3, and Finance: Fintech, Tier 4.
Braeden is active in the U.S. securities enforcement community through Securities Docket, where he has served on the 2025 and 2026 Advisory Boards and contributed video commentary through the Weekly Update.
Braeden was named the #1 United States author in FinTech in Mondaq’s Spring 2025 Thought Leadership Awards, reflecting the national reach and influence of his writing on fintech, securities regulation, and digital asset policy.
Commissioner Uyeda’s 2026 Disclosure Blueprint: What “Enhancing” the Public Company Framework Could Mean in Practice
On January 26, 2026, SEC Commissioner Mark T. Uyeda delivered the Alan B. Levenson Keynote Address at the 53rd Annual Securities Regulation Institute in Coronado, California, laying out a clear theme for the Commission’s next phase of disclosure policy: tighten the focus on materiality, reduce low-value compliance load, and recalibrate requirements for smaller issuers. The speech is notable not just for its tone, but for its specificity. Uyeda does not speak in abstractions. He names the parts of Regulation S-K he thinks are ripe for revision and ties the policy direction to a broader institutional effort.
FINRA Finalizes SLATE Rule 6540: The Definitive Guide to Securities Lending Transparency Requirements (Effective 2026)
On April 2, 2026, FINRA Rule 6540 under the new SLATE (Securities Lending and Transparency Engine) Rule 6500 Series will take effect, ushering in a new era of regulatory transparency in the securities lending market. Mandated by SEC Rule 10c-1a under the Securities Exchange Act of 1934, FINRA’s new framework sets out detailed reporting and public dissemination requirements for securities loans and their modifications. These changes represent a significant expansion in regulatory oversight and transparency and will affect broker-dealers, agent lenders, institutional investors, and other market participants engaged in securities lending. This guide outlines the obligations, timeline, mechanics, legal challenges, and implications of Rule 6540 in a comprehensive manner, providing all the information market participants need to comply and strategize under the new regime.