The menu on this page can be used to help you locate most of the "Find" materials located on the site, as well as to link to external Websites. (You can also go into Statutes, most rule sets, and Dodd-Frank either indirectly through the search on this page or somewhat directly through the various dropdowns under the Find button at the top of the home page).
Part I below explains the best way to search around in the drawer. Part II provides information as to the use of the drawer for each covered area of law.
I. USE OF THE DOCUMENT DRAWER
A. Expand, Select, Reset, Submit or Enter, Close
Expand. For those items with a "plus" sign next to the item, clicking on the plus will show you the choices under that item.
Selecting and Resetting. Clicking in a box, selects that item (and for anything with a plus, all items under the plus). You may also uncheck items, or to undo your prior selections, you may hit "Reset" at the bottom of the page.
Submit or Enter a Search. To run a search, either hit "Submit" at the bottom of the gray box, or just press your "Return" or "Enter" key on your keyboard.
Close. Once you have run a search and want to return to the Search Menu, you must press the "Search Menu" button (which will be on the top left of any search result; you may need to scroll back up the page), and this will pull out the Search Drawer. Alternatively, you can (i) click on "The Cadwalader Cabinet" at the top left of the page (which will take you back to home) or (ii) under one of the Find/Know/Do links from the buttons in the center top of the page (which will take you either to that item or to the "subscribe" page if you have selected an item for which you do not have a subscription).
B. Search Functionality
The Cadwalader Cabinet focuses most of its search functionality on organization, rather than word searching (although we will be adding more word searching features). As a general natter, the best way to find releases and no-action letters is by picking the relevant rule or topic, rather than by searching for a word in the release or letter.
That said, there are a number of search features at the bottom of the gray drawer. Remember though, if you want to run a search, you must not only enter information in the boxes at the bottom of the gray page, you must also pick the document types that you want to search.
Start and End Dates. For the most part, you will likely want to run searches without picking a start and end date (within any given type of search and type of document, results for releases and letters will appear chronologically). You may pick a start date without an end date (in which case the end date will be the current day) or an end date without a start date. The year selection feature only goes back ten years at a time; if you want to go back more than that, go back 10 years to start and then go back again. (That said, currently the amount of documents that are more than ten years old is limited; we are now in the process of adding more older documents, concentrating for now on Federal Register and legislative materials.)
For SEC no-action letters, we use the date on the SEC's response. For SEC releases, we generally use the SEC date, not the Federal Register date. For CFTC Releases, we use the Federal Register date.
Name/Description/SEC Release No. This search only searches the information that we have used to describe the document on the Cabinet; it does not search the document itself. Nonetheless, it is pretty effective if you have an idea what you are looking for (though we generally recommend searching by using the Dropdowns. If you have the SEC Release Number of a document, it is probably easiest just to type in the ending digits without the statutory identifier. For example, if you are looking for Release 34-27017, just type in 27017 in this box (and don't forget to Submit).
FR Page./Doc No.
If you want to find an item by Federal Register page, it is likewise best just to use the page number without the volume number.
For NASD/FINRA Notices, it is likewise probably easiest to select the year that you want from the dropdown and then the notice number in this box. In addition, if you just select the whole year, the Notices will display in order.
SEC No-Action Letters do not use a number; they do have a date as indicated above.
For Sections of a Statute or an Act, Rules under an Act or SRO Rules, do not input a number on this page. Just pick Exchange Act, Exchange Act Regulations, click Exchange Act Rules, or SRO Rules, and you will be taken to the relevant landing page from which you may select the rule that you want.
Alternatively, you can either go to any of these types of documents directly through the Find Box at the top of the page (for example, for Exchange Act-related items, on the top center of the page, click on Find, slide your cursor down to the third dropdown item, then slide right and pick a specific item).
C. Search Results
Order. Within a document type (releases, no-action letters), results appear (i) in numeric order or (ii) if the document does not have a number, in chronological order. This means that the newest documents will appear at the end of a search.
II. DRAWER CONTENTS
Initially, the Document Drawer will be limited to (i) materials on the Securities Exchange Act (really focusing on broker-dealers and trading) and SRO requirements, (ii) materials on Dodd-Frank. and (iii) links to External Websites. There is further information on each of these types of materials below.
As we roll out, we will be making available both more materials within that scope, as well as materials on (i) Banking, (ii) Bankruptcy, (iii) the CEA, (iv) Energy Statutes, (v) European Union topics, (vi) the Investment Advisers Act, (vii) the Investment Company Act, (ix) the Securities Act, and (x) SIPA. When we make these materials available, obviously there will also be descriptions of the contents and search guidance. If you are interested in being a Beta Subscriber to these materials, please contact Tim Mullane (email@example.com).
A. Dodd-Frank Materials
Expanding on Dodd-Frank Materials will give you a list of five dropdown items.
The first item is just a link to the Act itself (you may also reach this item through the Find menu at the top center of the page; click on Find and slide your cursor down to Dodd-Frank and click on that).
The second item is a selection of "legislative history" relating to Dodd-Frank (some of the "key" speeches and letters). (In honestly, there is not that much depth in the discussion; most of it is either of a very general nature, and a good part of the rest is Congresspersons explaining that the statutes does not say what they really meant).
The next item will take you to the various versions of the Title VII, if you want to see the legislative history of the Derivatives Legislation.
The fourth item is a set of link to the various Dodd-Frank books available under "Know."
The fifth and final item is a collection of Dodd-Frank Studies.
Agency releases and rulemakings relating to Dodd-Frank are published under that agency's materials; e.g., if you want to find the SEC's Exchange Act releases relating to Dodd-Frank, go to Securities Exchange Act and SRO Materials, Expand, Select Exchange Act SEC Releases and Submit.
Also, under Websites, you can expand, and either go to a particular agency's Dodd-Frank Website or you can select Dodd-Frank websites.
B. Securities Exchange Act and SRO Materials
The Broker-Dealer materials may generally be found by expanding the check next to Securities Exchange Act and SRO Materials, which will give you approximately ten further options.
Selecting Broker-Dealer forms will enable you to locate the basic forms on the FINRA website. Selecting (i) Exchange Act, (ii) Exchange Act Regulations, (iii) Exchange Act Rules, (iv) or Margin Regulations, will bring you to the relevant center pages for those materials on the Cadwalader Cabinet. (The Exchange Act is the principal "Landing Page" for broker-dealer related materials.)
If you expand on either Exchange Act Releases or Exchange Act SEC Staff Letters, you will be able to find those Releases (rule adoptions and proposals only) and No-Acts (only those we considered of some materiality) from the SEC Website, organized by topic. (We are in the process of expanding the search materials backwards, as well as keeping them current.)
Expanding on SRO Materials brings you to selected Rules of FINRA (including the NASD Rules) and incorporated NYSE Rules, as well as the MSRB Rules. As to the rules, we only include those relevant to the operations of the broker-dealer. For specific trading rules, as well as rules relating to matters such as enforcement and procedural matters, we just give you a link to the relevant website. The NASD/FINRA notices are on the Cabinet going back to 1996.
Additional Broker-Dealer Materials give you access to materials included in the Broker-Dealer Guide that are not listed above, such as important cases.
"Websites" is the last of the major items on this page. There are approximately 12 sub-items on this page, most of which can be further expanded.
For example, if you expand SEC and SIPC, you will see another 17 or so items that you can select on. For example, if you select Trading and Markets (don't forget to hit Submit or Enter), you will be given a choice of 7 web pages on the SEC's website that are devoted to Trading and Markets materials. If you want to find the SEC Search Page or Site Map, select "Home and Overview Pages" from the SEC dropdown list.
The CFTC drop down list works the same way.
For the SEC, we can take you directly to about 90 pages and for the CFTC about 40 pages, so it is likely much easier to navigate these sites through our site than it is to do so directly.
If there are other Websites or WebPages to which we should link, please let us know, this is meant to be a tool of convenience.