The indictment last week of the top officials from the collapsed Dewey & LeBouef law firm is merely the latest development in the long-running sequence of events following the law firm’s demise.
The U.S. Commodity Futures Trading Commission (Commission) issued a Staff Advisory on best practices for financial institutions that must comply with Gramm-Leach-Bliley Act (GLBA) provisions on data security and customer privacy.
With the clock ticking on possible further indictments in the $1.4 billion Scott Rothstein Ponzi case, a major figure in the affair has been charged with conspiracy this morning.
The Supreme Court ruled earlier this week, in Lawson v. FMR, that whistleblower protections under the Sarbanes-Oxley Act also apply to a public company’s private contractors. It’s a ruling that is currently getting a lot of attention as the impact of the decision is extremely far-reaching.
Late last month, a New York state judge denied AIG’s request to delay approval of Bank of America’s $8.5 billion settlement with private investors in connection with certain mortgage-backed securities that had soured.
FINRA (the Financial Industry Regulatory Authority) is soliciting public comment on a proposed rule set (LCFB Rule 14-09) for firms that meet the definition of “limited corporate financing broker” (LCFB).
This week is National Consumer Protection Week, and most AG offices have taken to their websites, Facebook, and Twitter, as well as traditional media, to draw public awareness to scams that criminals have attempted to perpetrate on consumers, and to highlight recent activities, priorities, and future potential areas of interest for their Consumer Protection Divisions.
If you are acting on a power of attorney given to you by someone who subsequently becomes mentally incapable of handling their own affairs, the power of attorney becomes invalid when the person becomes incapacitated.
This week, the U.S. Supreme Court (“USSC”) heard oral argument in Haliburton Co. v Erica P. John Fund, Inc. (“Haliburton”).