A number of regulatory and legislative developments will alter the municipal securities market significantly in the upcoming months.
Important developments in the municipal bond market
Popular related articles
-
Circular beach towel's trademark is invalid (Kelley Drye & Warren LLP)
In the late 1980s, Clemens Franek sought and received trademark registration status for his "radical" round beach towel.
-
Western District of New York upholds non-compete and grants TRO (Seyfarth Shaw LLP)
Plaintiff IDG USA, LLC (“IDG”), a Georgia company with its principal place of business in North Carolina, commenced an action against a former employee, Kevin J. Schupp (“Schupp”), a New York resident, alleging breaches of a Non-Compete Agreement, breach of a Confidentiality Agreement, unfair competition, and theft of trade secrets.
-
Shutting down corporate pick-pockets (Gardere Wynne Sewell LLP)
A 10-year employee accounting manager systematically transfers amounts via ACH to her personal checking account.
-
Employer wins “cat's paw” case (Foley & Lardner LLP)
On August 11, 2010, a federal court rejected a terminated employee's "cat's paw" argument.
-
Massachusetts personnel records statute amended to require employers to notify employees when negative information is placed in personnel records (Goodwin Procter LLP)
Massachusetts recently enacted an economic development statute which contains an important amendment to the Massachusetts Personnel Records Statute, G.L. c. 149, § 52C.
-
ECJ clears up confusion between data protection principles and the right of access to public documents (Mills & Reeve LLP)
The recent case of the European Commission v Bavarian Lager has provided useful guidance for public bodies faced with a request to disclose public documents (eg under the Freedom of Information Act), but concerned disclosing personal data (such as names) included in the documents.
-
Information Commissioner offers guidance on school photos (Mills & Reeve LLP)
The Information Commissioner has recently issued guidance, specifically aimed at Local Education Authorities and those working within the education sector, addressing the confusion surrounding the taking of photographs and videos in educational institutions.
-
Corruption of government officials: gifts that keep on giving (Lang Michener LLP)
With the recent shocking findings of the Oliphant Inquiry concerning apparently "gratuitous" cash payments to former prime minister Brian Mulroney, and the current high-profile Basi/Virk trial in British Columbia regarding allegations of bribery and corruption, it is perhaps time for a short lesson in the law related to corruption of public officials.
-
Council that refused meeting with homeless man failed to meet obligations (DMH Stallard LLP)
The Court of Appeal has ruled that a man who knew that he and his daughter were about to become homeless, and who wrote to the council seeking its assistance in obtaining accommodation, had done enough to trigger the council's obligation to provide him with assistance and advice.
-
CON29 and the EIR - East Riding and beyond (Cobbetts LLP)
In this newsletter, we look at the on-going dispute between local authorities and property search companies relating to charging for local search information, and the application of the Environmental Information Regulation (EIR) to that.
-
SEC adopts controversial proxy access rules (McDermott Will & Emery)
After the enactment of the Dodd-Frank financial reform bill confirmed its authority to do so, the SEC moved quickly and has adopted proxy access rules—though the debate on this issue is far from over.
-
When the hedge fails (Day Pitney LLP)
Hedge-fund managers can become fiduciaries of their investors, opening them up to prosecution under the antifraud provisions of the federal Investment Advisers Act, 15 U.S.C. § 80b-6.
-
The abolition of the FSA? (Mills & Reeve LLP)
In his Mansion House speech George Osborne, the Chancellor of the Exchequer, said he would abolish the Financial Services Authority and give most of its power to the Bank of England, undoing the regulatory system set up by Gordon Brown when the Labour party came to power in 1997.
-
Madoff and charities: some due diligence on the investment adviser for Howard Hughes Medical Institute - Ivy Asset Management LLC - Installment 34 (Fox Rothschild LLP)
This is the thirty-fourth in a series of Installments on this blog that discusses issues that arose in the aftermath of the Bernard L. Madoff (“Madoff”) scandal.
-
Financial regulatory reform - Bureau of Consumer Financial Protection (Sonnenschein Nath & Rosenthal LLP)
On July 21, 2010, President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Reform Act").
-
Online ad network sued over tracking using flash cookies (Hunton & Williams LLP)
On August 18, 2010, a complaint was filed in the U.S. District Court for the Central District of California, alleging that Specific Media, Inc. violated the Computer Fraud and Abuse Act, as well as state privacy and computer security laws, by failing to provide adequate notice regarding its online tracking practices.
-
New Illinois law restricts employer use of credit history (Hunton & Williams LLP)
On August 10, 2010, Illinois Governor Pat Quinn signed the Employee Credit Privacy Act, which prohibits most Illinois employers from inquiring about an applicant's or employee's credit history or using an individual's credit history as a basis for an employment decision.
-
Health care reform — regulations issued on expanded internal/external claims review process for nongrandfathered group health plans (Hunton & Williams LLP)
On July 19, 2010, the United States Departments of Health and Human Services, Labor and Treasury issued interim final regulations covering the mandates under the Patient Protection and Affordable Care Act, as amended (the "Health Care Reform Act"), relating to the internal and external claims review process.
-
New York power of attorney law amended (Hunton & Williams LLP)
On August 15, 2010, Governor Paterson signed into law a technical corrections bill amending New York’s power of attorney law (the “2010 Amendments”).
-
Ninth Circuit adopts single test for employee/independent contractor determinations (Hunton & Williams LLP)
The U.S. Court of Appeals for the Ninth Circuit recently held—consistent with other courts that have considered the issue—that “insurance agents are independent contractors and not employees for purposes of various federal employment statutes,” including ERISA, the ADEA, and Title VII. In Murray v. Principal Financial Group, Inc., case number 09-16664, the panel unanimously affirmed a district court order granting summary judgment in favor of a purported employer because it found that the plaintiff was an independent contractor, not an employee entitled to the protections of Title VII.
If you are interested in submitting an article to Lexology, please contact Andrew Teague at ateague@lexology.com.

