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Results: 1-10 of 226

SEC approves new guidance for Section 404 compliance, proposes rules to modernize smaller company capital-raising and disclosure requirements and adopts new rules for the Credit Rating Agency Reform Act

  • Alston & Bird LLP
  • -
  • USA
  • -
  • May 24 2007

At an open meeting on May 23, 2007, the Securities and Exchange Commission (SEC) took regulatory action in three different areas

SEC launches EESA-mandated study of “mark-to-market” accounting standards

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 8 2008

Yesterday, the SEC announced details of the process and initial steps that the SEC has undertaken to conduct a study on "mark-to-market" accounting

GM doesn’t need additional $2 billion to make it to the end of the month

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 13 2009

Yesterday, General Motors Corp. (GM) issued a statement indicating, among other things, that it has advised the Presidential Task Force on the Auto Industry that it would not need $2 billion in government funds that it had requested earlier this month

Federal Reserve adopts final rules restricting fees and expiration of prepaid gift cards

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 23 2010

Today, the Federal Reserve adopted final rules to restrict the ability of issuers of certain prepaid products, primarily retail gift cards, to impose dormancy, inactivity, or service fees and expiration dates unless certain conditions are satisfied

Five unclaimed property issues that resist easy answers

  • Alston & Bird LLP
  • -
  • USA
  • -
  • November 12 2013

States continue to actively enforce their unclaimed propertycustodial escheat laws through audit initiatives (typically involving contract audit

Sixth Circuit locks the door on ERISA class action in Taylor v. Keycorp

  • Alston & Bird LLP
  • -
  • USA
  • -
  • June 6 2012

On May 25, 2012, the United States Court of Appeals for the Sixth Circuit affirmed the dismissal of a class representative’s putative ERISA class action against KeyCorp and related defendants because the proffered “class representative” could not demonstrate that she suffered any actual injury from the alleged breach of fiduciary duty and, therefore, lacked standing

Treasury announces state allocations under new small business program

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 8 2010

The U.S. Treasury announced today $1.5 billion in funding allocations for all 50 states, the District of Columbia, and the U.S. territories under the State Small Business Credit Initiative (SSBCI

U.S. Senate Banking Committee holds hearing entitled “Lessons of the New Deal”

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 8 2009

Last week, the U.S. Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled “Lessons of the New Deal” in which witnesses reflected and commented on key economic parallels between the Great Depression and the New Deal and the present economic crisis

NCDOR appeals still slow

  • Alston & Bird LLP
  • -
  • USA
  • -
  • June 4 2012

In what is hopefully one of the last of the old modifiable decisions in tax cases by North Carolina Administrative Law judges, the NCDOR allowed the ALJ to relieve a shareholder of transferee tax liability, but still modified the ALJ opinion

Germany adopts second stimulus package; cabinet approves draft bank takeover bill

  • Alston & Bird LLP
  • -
  • Germany
  • -
  • February 19 2009

The German Finance Minister, Peer Steinbrück, announced yesterday in a press conference that the German cabinet has approved draft legislation that would permit the nationalization of failing banks as a means of last resort