Latest Dodd-Frank Posts
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 fiduciary duty rulemaking. As the article correctly points out, registered investment advisers have long been held to a fiduciary standard vis-a-vis their clients. The brokerage industry has generally resisted having any... Read more →
“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... 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 →
Preparing for Say-on-Pay
Public Companies and Securities The Dodd-Frank Wall Street Reform and Consumer Protection Act will require listed public companies to hold periodic say-on-pay shareholder votes. Say-on-pay votes are... Read more →