Dodd-Frank Litigation
President Obama Signs First Amendment to Dodd-Frank Into Law
Litigation, Public Companies and Securities As widely expected and reported earlier at Dodd-Frank and the Law, yesterday President Obama signed the Dodd-Frank Freedom of Information Restoration Amendments, which repealed the Dodd-Frank Act’s provisions that exempted certain records from the Freedom of Information Act’s public disclosure requirements, into law. Read more →
SEC Stays Proxy Access Rules
Litigation, Public Companies and Securities As we noted last week, the Business Roundtable and the Chamber of Commerce of the United States of America (the “petitioners”) filed a petition with the United States Court of... Read more →
The Dodd-Frank Act Expands Whistleblower Bounties
Litigation, Public Companies and Securities The SEC has issued a final rule repealing former Section 21A(e) of the Securities Exchange Act of 1934, pursuant to which the SEC had been empowered to make monetary awards to... Read more →
SEC Soon Not to be Free to Keep Certain Information Confidential
Litigation, Public Companies and Securities One of the more controversial provisions of the Dodd-Frank Act allows information gathered by the SEC in its examination and investigation of those entities it regulates to not be... Read more →
SEC Warns Rating Agencies
Banking, Litigation, Public Companies and Securities The Securities and Exchange Commission today issued a report cautioning credit rating agencies about deceptive ratings conduct and the importance of sufficient internal controls... Read more →
Whistleblower claims begin
Banking, Employment, Litigation, Public Companies and Securities In a comment letter recently sent to the SEC, one firm describes how in a span of just 10 days it had already “filed several whistle-blower complaints with the SEC, pursuant to... Read more →
Fiduciary Duty Rulemaking Looms for Brokerage Industry
Banking, Litigation, Public Companies and Securities An article in yesterday’s Wall Street Journal provides a good, short overview of the issues and differing viewpoints surrounding the SEC’s upcoming broker-dealer... Read more →
Steve Quinlivan and Jill Radloff to Speak at Dodd-Frank Seminar
Banking, Employment, Executive Compensation, Insurance, Litigation, Private Equity, Public Companies and Securities Steve Quinlivan and Jill Radloff will speak at a seminar sponsored by Minnesota CLE titled “New Wall Street Reform Act.” Steve is chair of the seminar. The date of... Read more →
Representing Compensation Committees — Regular Counsel Need Not Apply?
Executive Compensation, Litigation, Public Companies and Securities The Dodd-Frank Act contains a number of provisions designed to improve the independence and operations of Compensation Committees. But in doing so, has Congress made it more... Read more →
SEC Divided on Clawback Policies
Employment, Executive Compensation, Litigation, Public Companies and Securities Bloomberg is reporting the SEC is in a rift over clawback policies. “The U.S. Securities and Exchange Commission is divided over when to seize pay from executives who... Read more →