regulatory

The deal faced regulatory scrutiny earlier this year, leading both Synopsys and Ansys to divest certain assets to address competition concerns.

One piece of the process requires getting centralized securities information processors, or SIPs, to extend their own hours and processing capabilities, and to obtain regulatory approval.

These activities would be supported by regulatory initiatives, he notes.

B. Riley has disclosed in regulatory filings that the firm and Riley have received SEC subpoenas regarding its dealings with Kahn, Franchise group and other matters.

Beijing’s bid to reduce Chinese reliance on foreign technology has also set a positive policy backdrop after a yearslong regulatory crackdown on internet companies.