The United States District Court for the District of Massachusetts, recently, ruled that a FINRA Arbitrator must consider any counterclaims in an action brought against Trustees of a profit sharing
Cost-Benefit Analysis
SEC COMMISSIONER GALLAGHER DISCUSSES CRITICAL ISSUES
By Ernest Badway on
Recently, the SEC’s newest commissioner, Commissioner Daniel Gallagher, discussed certain of his beliefs, including, among other things, that the SEC should use its exemptive authority derived from the Investment Advisers Act of 1940, to provide…
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IS THE SEC COOKING THE BOOKS?
By Ernest Badway on
Recently, SEC Chairman, Mary Shapiro, was called to task for the high number of reported administrative proceedings by Congress. In particular, the SEC was accused of reporting follow on administrative…
UPDATE ON HOT ARGENTINE BONDS
By Ernest Badway on
We previously blogged on the Argentina bond case. See https://securitiescompliancesentinel.foxrothschild.com/securities-class-actions/argentinean-bond-dispute-has-gotten-hot/index.html. Now, to update our readers, the United States District Court for the Southern District of New York has vacated…
The SEC Is To Employ Cost-Benefit Analysis For Its Rule-Making
By Joshua Horn on
According to an internal SEC guidance report, the SEC is taking to heart the criticism that it does not employ enough of an economic analysis in its rule-making process. The…
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