If you had asked me yesterday whether there were a lot of securities lawsuits last year, I would have said, “Oh, absolutely.” And I would have been absolutely wrong. Lawsuits were
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If England Attacks Executives’ Cheques, are US Execs’ Checks Next?
By Fox Rothschild LLP on
In law, America tends to follow in the footsteps of its older sister, Britain. Sure, sure, we went our own way with that little Constitution thing back in the…
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The SEC Celebrates Solstice with New Rules for Accredited Investors
By Fox Rothschild LLP on
The SEC released two new rules yesterday: one on mine safety (I wonder how many securities lawyers have ever set foot in a mine) and the other changing the net worth…
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Clawback Insurance – What Will the SEC Say?
By Fox Rothschild LLP on
I read this interesting piece on the NYTimes.com today, “Pushing Back on Clawbacks” which describes how D&O insurers are now offering protection against a clawback. The companies argue…
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End of the Year Review and Preview Review
By Fox Rothschild LLP on
It’s December, so its time for the usual blizzard of End-of-the-Year lists, reviews, recaps and predictions. Since I was already digging through the heap, I figured I would save you the trouble of doing the same. So here it is, your corporate governance Review and Preview Review, highlighting the major regulatory themes of 2011 and expectations for 2012.
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Crowdfunding – Waiting For Senate Action
By Fox Rothschild LLP on
George Washington famously (and perhaps apocryphally) compared the Senate to a cooling saucer, where the heated legislation from the more democratically accountable House could be considered by calmer…
Update: Crowdfunding Act Passes House & Reg A Goes Big
By Fox Rothschild LLP on
Endorsed by the White House, the Republican-sponsored Entrepreneur Access to Capital Act passed the House by a landslide vote of 407-17 on Thursday. The bill will now go to the Senate for…
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Legislative Update – Crowdfunding Bill Passes Finance Committee With Bipartisan Support
By Fox Rothschild LLP on
The House Financial Services Committee tweaked H.R. 2930 in markup last week, gaining Democratic support in the process. The “Entrepreneur Access to Capital Act”, aka the Crowdfunding Act, was passed on to the full House…
Legislative Lookout: Crowdfunding – not just for non-profits anymore?
By Fox Rothschild LLP on
Everyone loves small businesses, even if they might not be the job-creating economic saviors we want them to be. No one likes bailing out Wall Street, but Main Street? That’s something we can all agree on!
On Wednesday, a subcommittee of the House Committee on Financial Services advanced a few interesting bills aimed at reducing regulatory burdens for small cap corporations.
While some were approved by voice votes, suggesting broad bipartisan appeal, two ran down party lines, portending a difficult path ahead.
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The Volcker Rule: the Greatest and/or Worst Regulation Ever?
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The SEC recently joined the FDIC, the OCC and the Federal Reserve in advancing the Volcker Rule for public comment. The Volcker Rule is shaping up to be one of…
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