Thirty million dollars—imagine the government just giving that to you. It’s the type of money that means you’ll never have to work another day in the rest of your life. It sounds like a fantasy, but for one whistleblower abroad, that’s the reality as the SEC tries to send a strong message on corporate malfeasance.
Federal District Court Rules It Does Not Have Jurisdiction to Hear Challenge to the SEC’s Pay-to-Play Law
In a ruling that did not get to the merits of the substantive arguments, a federal court has ruled that it lacks jurisdiction to consider whether the SEC contravened either the US Constitution or the Federal Election Commission’s exclusive turf when it adopted its pay-to-play rule governing investment advisors.
The CFPB has issued a white paper on the manufactured housing market, including how manufactured housing is financed and the types of consumers who purchase or rent such housing.
On September 29, 2014, the Consumer Financial Protection Bureau (CFPB) announced it had issued its first enforcement order under the agency’s new mortgage servicing rules that went into effect in January 2014.
As the Supreme Court begins its 2014-15 term this month, it will be considering a number of securities cases, including the Omnicare case, which is scheduled for oral argument on November 3rd, and three other cases in which petitions for certiorari are currently pending before the Court.
“If you give me your number, I can call it, however I want.” For more than twenty years this statement has summarized the Federal Communications Commission view of prior express consent under the Telephone Consumer Protection Act.
The solar industry will need to manage several challenges before entering the market with ratings high enough to attract the lowest cost capital (ideally higher than the A to AA range expected of the initial solar securitizations).
Does China think Africa is still a good return on investment? Recent coverage by the financial press has cast doubt about the vigor of the China-Africa relationship, pointing to a new skepticism among Chinese banks and investors for projects in Africa.
The summaries provided in this Weekly Recap do not necessarily represent the views of Squire Sanders (US) LLP and should not be deemed to be endorsements of them.
The Securities and Exchange Commission for the first time brought charges against a broker-dealer for failure to adequately protect against insider trading by its employees.