Securities Law provides a resource hub for legal interpretations of new SEC© rules, mandates, or discussions.
Publisher: Bloomberg Author: Jonathan Weil Last week, the SEC© scored a big victory in the success conviction of former SAC Capital Advisors LP fund manager Mathew Martoma. It followed a string of highly publicized successful criminal convictions of insider-trading allegations…
Publisher: CFO Author: Vincent Ryan On Thursday, February 6th, 2014, the PCAOB abandoned their three-year pursuit of a rule to boost auditor independence due to fierce resistance from senior finance executives. The Public Company Accounting Oversight Board conceded defeat when…
Publisher: Bloomberg Magazine Author: Bob Van Voris and Patricia Hurtado On February 6th, 2014, jurors in a Manhattan federal court found Mr. Mathew Martoma guilty on charges of insider trading for their 7th conviction in the SEC© investigation of SAC…
In a step towards global collaboration towards improved financial reporting, the Financial Accounting Foundation, made in consultation with the SEC, contributed $3 million dollars towards the IFRS Foundation. The IFRS Foundation contribution could suggest that the SEC© is planning to…
Published: Forbes Author: Daniel Fisher In SEC© enforcement cases, the Commission has had a policy where they accept a “no-admit, no-deny” settlement from defendants. Defendants get to close their case without having to admit or deny wrongdoing. Many cases have…
Publisher: Barnes & Thornburg LLP Authors: Brian E. Casey, Patrick J. Cotter, Anne N. DePrez, Larry A. Mackey, Vincent Schmeltz III, David L. Young In 2014, government regulators have continued to persist after insider traders both civilly and criminally; continuing…
Publisher: IR Magazine Author: David Collins of Catalyst Global In April 2013, the SEC© made a landmark decision in condoning social media for Regulation FD compliant disclosure. In the wake of that decision, IR professionals have to figure out whether…
Publisher: Proactive Investors Author: Deborah Bacal The Canadian Securities Exchange is set for a great start to this year by launching a new simplified trading platform and changing their name from the Canadian National Stock Exchange to the CSE. The…
SEC© Press Release The Securities and Exchange Commission today announced that compliance with the final municipal advisor registration rules will not be required until July 1st, 2014, the date on which the first set of municipal advisors will be required…
Published by Morris, Manning & Martin, LLP U.S. Court Rejects Insider Trading Charges against Schvacho; "Total Vindication" for MMM Client Who Faced Unfounded SEC© Allegations. Recently, the U.S. District Court for the Northern District of Georgia this week ruled in…