“Bad Actor” Disqualification May Cause Headaches
Public Companies and Securities Section 926 of the Dodd-Frank Act directs the SEC to issue rules which would prevent the use of Regulation D Rule 506 offerings by certain “bad actors.” The Dodd-Frank Act directs the SEC to adopt rules similar to the current disqualifiers in Regulation A. The SEC rules must also prohibit Rule 506 offerings by persons […] Read more →
Here Comes Proxy Access
Banking, Insurance, Public Companies and Securities The SEC has announced that it will “consider” the adoption of proxy access rules on August 25, 2010. It is probably a safe bet that when they are done “considering” the... Read more →
What Does a Say-On Pay Vote Look Like?
Public Companies and Securities Under the Dodd-Frank Act, listed issuers will be required to include a say-on-pay vote for any shareholder meeting occurring on or after January 21, 2011. A say-on-pay-vote is a... Read more →
Federal Reserve System Issues Proposed Rule on Jumbo Mortgage Loans
Banking The Federal Reserve Sytsem has issued a proposed rule under Regulation Z issued pursuant to the Truth in Lending Act. The proposed rule would implement Section 1461 of the... Read more →