USA - March 27 2015
The Securities and Exchange Commission announced on March 25, 2015 a proposal to amend Rule 15b9-1 under the Exchange Act to require broker-dealers…
USA - December 9 2014
Following the final 2014 meeting of the Board of Governors last week, FINRA announced its proposal to increase fees associated with cancelling or…
USA - September 29 2014
In my last blog post on interpleader actions, we explored the benefits a financial services firm can obtain from filing an interpleader action. An…
USA - July 31 2014
The United States Supreme Court clarified the duty of prudence that employee stock ownership plan fiduciaries owe to plan participants in its June 25…
USA - June 18 2014
Financial services firms oftentimes can find themselves in the unenviable position of being in the middle of a dispute over money or property held by…