Big news out of Europe today (besides fears of a Greek exit from the Euro returning like a slasher flick monster that just won’t die): Michel Barnier, the EU’s top
European Debt Crisis
FINRA’S Proposed Private Stock Offering Rule
FINRA proposed a rule for SEC approval that would require FINRA’s membership, involved in a private stock offering, to provide detailed information on the transaction to investors prior to the…
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Attorney Beware: Corp Fin Provides Guidance on Legal Opinions
The Division of Corporation Finance, recently, provided guidance on preparing legal and tax opinions for registered securities offerings.
Initially, Corp Fin stated when such opinions must be filed, and the…
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New Article on Broker-Dealer Registration Enforcement
We wanted to share with you a recently published article on broker-dealer registration enforcement. Enjoy.
http://apps.americanbar.org/litigation/committees/securities/email/fall2011/fall2011-tide-turning-against-sec-favor-finders.htmlContinue Reading New Article on Broker-Dealer Registration Enforcement
FINRA’S New Cross Market Surveillance System
FINRA, recently, announced that it was developing a cross market surveillance system that will allow it to detect and stop improper conduct. This was reported by FINRA Chief Executive Officer…
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Recent NY Court of Appeals Case Does Not Find Partiality in Arbitration
Interesting, NY Court of Appeals decision affirming an arbitration award despite a claim of partiality. Check out the great write up from CPR!!
http://www.cpradr.org/Resources/ALLCPRArticles/tabid/265/ID/733/Arbitration-NYs-Top-Court-Sets-Evident-Partiality-Standard-for-Tribunal-Disclosure-Nov-15.aspxContinue Reading Recent NY Court of Appeals Case Does Not Find Partiality in Arbitration
Swap Dealer Registration – Here It Comes
The Dodd-Frank Act required that security based swap dealers or major security based swap participants to register with the SEC. These swap based entities are required to register with the…