Perhaps as another fallout of the financial crisis, Moody’s shareholders approved an independent chair proposal with 56% support, a substantial increase from the two prior years which s...

The Dodd-Frank Act may require many currently unregistered non-U.S. investment advisers to register with the SEC as investment advisers, because the Act eliminates a registration exemptio...

Last year a Texas judge allowed Apache Corp. to exclude a shareholder proposal from John Chevedden on the basis that his broker statement did not come directly from a “record holder” ...

On April 14, 2011, the CFTC released its proposed rules governing margin requirements for uncleared swaps entered into by non-bank swap entities. This newsflash provides an update to our ...

Breaking News on Dodd-Frank Private Adviser Registration Deadline   SEC to Consider Delaying Dodd-Frank Private Adviser Registration Deadline Until First Quarter 2012 SEC Rules and Regul...

On April 12, 2011, the U.S. banking regulators proposed rules regarding the capital and margin requirements applicable to uncleared swaps.  In general, the proposed rules would not impose...

After many years of negotiations with the SEC staff, FINRA recently proposed for comment Rule 3190 to clarify the scope of the obligations and supervisory responsibility of member firms f...

The U.S. SEC has issued a no-action letter confirming that non-U.S. issuers that file financial statements in IFRS as issued by the IASB will not be required to provide financial statemen...

Requiring systemically important financial institutions to prepare living wills has the potential to be one of the most effective tools in improving risk management, reducing systemic ris...

Davis Polk is pleased to announce the first installment of the “Davis Polk Dodd-Frank Rulemaking Progress Report.” This short presentation, to be issued monthly, uses empirical data t...