The SEC has faced mounting criticism recently for its increasing use of administrative proceedings in enforcement matters.
Notice anything odd about this announcement? Are we to celebrate this creamy dessert on May 21, 22, 23, 24 and 25?
Recent cases, particularly in the U.S., have highlighted the challenges regulators face in pursuing individuals for tipping (disclosing material non-public information to third parties) and trading on the basis of a tip.
SEC Division of Investment Management Issues Cybersecurity Guidance for Investment Funds and Advisers
The U.S. Securities and Exchange Commission’s (“SEC”) Division of Investment Management (“Division”) recently released a Guidance Update (“Guidance”) highlighting the importance of cybersecurity for registered investment companies (“funds”) and registered investment advisers (“advisers”).
D.C. Circuit Says “Heads I Win, Tails You Lose” is Maybe Not the Best Set of Rules for Criminal Forfeiture
If you’re a federal prosecutor, you have a lot of tools at your disposal. Crimes waiting to be indicted are abundant.
In Guidance Update No. 2015-02, the Division of Investment Management (Division) of the Securities and Exchange Commission (SEC) issued some high-level suggestions concerning the importance of cybersecurity for registered investment companies and registered investment advisers.
On May 6, 2015, the Securities and Exchange Commission (SEC) approved a joint plan to be entered into by the Financial Industry Regulatory Authority (FINRA) and the US exchanges for implementing a pilot test to analyze the effects of wider minimum quotation increments on market quality for stocks of smaller companies.
Our blog post last week raised a question about whistleblowers that we think is worth addressing: What exactly constitutes “retaliation” against a whistleblower employee?
On April 28, 2015, the Securities and Exchange Commission announced an award to a whistleblower of $600,000.