Yesterday, the PCAOB adopted new rules to require auditors to disclose the name of the audit engagement partner. The rules are subject to approval by the SEC, and will be effective for au...

On December 14, 2015, the U.S. Supreme Court issued its decision in DIRECTV v. Imburgia. The Court reversed a decision of the California Court of Appeal that had refused to enforce an arb...

The Securities and Exchange Commission recently proposed amendments to Regulation ATS and related rules under the Securities Exchange Act of 1934 to impose extensive new transparency requ...

This morning, the Securities and Exchange Commission proposed new measures to govern the use of derivatives by registered investment companies and business development companies. This sum...

On December 8, 2015, the U.S. Court of Appeals for the Second Circuit overturned the conviction of Jesse Litvak, a former Jefferies & Company (“Jefferies”) bond trader, for  charges r...

Boards and investors continue to be deeply interested in board composition, a central topic in the 2015 Spencer Stuart US Board Index for S&P 500 companies. At the largest companies, the...

An interesting no-action letter request has been submitted to the SEC to exclude a proxy access proposal submitted by Ken Steiner. Sunoco Products Company argues that neither the proponen...

On November 30, 2015, as part of its Capital Markets Union action plan to lower barriers to accessing capital markets across the European Union, the European Commission published a propos...

On November 16, 2015, Deputy Attorney General Sally Quillian Yates gave a speech regarding the implementation of the Department of Justice’s recent policy initiatives to facilitate the ...

Yesterday, conference committee members for the House and Senate agreed on a five-year transportation bill. While this type of legislation is rarely of interest to participants in the cap...