This newsflash summarizes the key proposals in the Obama Administration’s White Paper on Financial Regulatory Reform We will post a full memorandum with analysis and commentary in the c...
The National Conference of Insurance Legislators (“NCOIL”) is drafting model legislation (the “Model Bill”) that would subject credit default swaps (“CDS”) to a state regulato...
On May 15, 2009, the House Energy and Commerce Committee Chairman Henry A. Waxman and Subcommittee Chairman Edward J. Markey introduced H.R. 2454, the American Clean Energy and Security A...
Senator Charles Schumer recently introduced a bill, The Shareholder Bill of Rights Act of 2009, which if adopted would impose new corporate governance requirements on U.S. public companie...
With action by the House of Representatives Monday, legislation creating an independent commission to examine the causes of the financial crisis has now passed both houses of Congress, an...
With action by the House of Representatives Monday, legislation creating an independent commission to examine the causes of the financial crisis has now passed both houses of Congress, an...
On May 4, 2009, Senator Carl Levin (D-Michigan) and Senator Susan Collins (R-Maine) introduced the Authorizing the Regulation of Swaps Act (the “LevinCollins Bill” or the “Bill”),...
The Securities and Exchange Commission will hold a roundtable at its headquarters in Washington, DC on May 5, 2009 to discuss issues raised by its recent proposals to restrict short sales...
In March 2008, the Paulson Treasury issued its Blueprint for a Modernized Financial Regulatory Structure (the “Paulson Blueprint”), in which Treasury recommended the establishment of ...
In an open meeting held today, the Securities and Exchange Commission voted unanimously to issue proposals to revive restrictions on short sales in equity securities.
