On Tuesday the House of Representatives passed a bill (H.R. 1624) that would require the federal banking agencies to amend their liquidity rules (including the LCR Rule) to treat all “m...

This past Friday, a federal district court set aside the temporary regulations that frustrated certain inversion transactions, including the proposed Pfizer/Allergan merger, which was aba...

There has been significant attention to the first major policy speech by the CFTC’s newly-minted Enforcement Division Director, James McDonald on September 25, 2017.  Mr. McDonald’s s...

New revenue recognition rules (ASC 606 and IFRS 15) are required to be adopted by most public companies starting January 1, 2018 and most private companies starting January 1, 2019. These...

The U.S. banking agencies this week released a proposal that would significantly amend the U.S. Basel III capital rules of all three agencies by simplifying the capital treatment of sever...

Industry Update SEC Staff Issues Information Update on Compliance with Form ADV Amendments for Other-Than-Annual Amendments SEC Grants No-Action Relief to Registered Closed-End Managemen...

Industry Update So You Want to Buy a Stake in a Private Equity Manager? SEC Staff Issues Information Update on Compliance with Form ADV Amendments for Other-Than-Annual Amendments OCIE I...

By a vote of 73-21, the Senate this evening confirmed Makan Delrahim to head the Antitrust Division of the U.S. Department of Justice.  We expect him to assume his role as Assistant Attor...

Politics and governance intersect in the 2017 version of the CPA-Zicklin Index, which examines the disclosure practices of the S&P 500 companies on political spending, scores those compan...

ISS received 602 responses from 572 organizations, including 121 institutional investors, on its governance survey.  Key findings on the governance principles survey are set forth below. ...