Our lawyers produce a wealth of substantive, timely and practical guidance and resource materials. Subscribe to receive updates based on your interests.
The project of federalizing major elements of our corporate governance and executive compensation processes continues apace. The 1,136-page Restoring American Financial Stability Act of 2...
In two recent decisions, the U.S. Court of Appeals for the Fifth Circuit and the U.S. District Court for the Eastern District of Pennsylvania held that a debtor may prohibit secured credi...
Taking another step in its review of equity market structure issues, on November 13, 2009, the Securities and Exchange Commission (the “SEC”) released a proposal to increase the trans...
Last Thursday, the SEC announced settled charges against SafeNet, Inc. and certain of its former officers and employees in connection with an alleged earnings management scheme that mater...
This summary compares the Restoring American Financial Stability Act of 2009, referred to as the “Dodd bill,” with various other legislative proposals.
The legislative season for financial regulatory reform is now in full swing. In the last two weeks, the leadership of the House Financial Services Committee and Treasury have jointly prop...
Litigation
Insider Trading Charges Brought Against Hedge Fund Manager Raj Rajaratnam, Galleon Management and Others
SEC Appeals Mark Cuban Insider Trading Decision
Industry Update
...
Momentum on federally-mandated proxy access continues to grow. Although the original target—putting a new regime in place for the 2010 proxy season—turned out to be unworkable in ligh...
The Investor Protection Act passed the House Financial Services Committee (the “Committee”) on November 4, 2009 on a party-line vote. The bill (the “Committee Bill”) modified the ...
Two competing bills to reform the over-the-counter (“OTC”) derivatives markets are awaiting action by the House of Representatives: a bill to enact the “Over-the-Counter Derivatives...