Results 1 to 5 of 21

Congress Slips Steroids to SEC Enforcement to Strengthen the SEC’s Authority to Seek Disgorgement in Federal Court

USA - January 11 2021 On January 1, 2021, Congress overrode President Trump’s veto to enact the 2021 National Defense Authorization Act (NDAA) into law. A somewhat…

Richard M. Rosenfeld, Kerri Elizabeth Webb

First Department Reverses Trial Court’s Decision and Dismisses Securities Class Action Because Defendants’ Alleged Omissions Did Not Alter Total Mix of Information Available to Reasonable Investors

USA - December 9 2020 On December 3, 2020, the Supreme Court of the State of New York, Appellate Division, First Department, reversed a decision and order of the Commercial…

Richard M. Rosenfeld, Michelle J. Annunziata, Robert S. Harrell, Kaitlyn M. Hunt, Joseph De Simone, Glenn K. Vanzura

SEC Enforcement Annual Report FY2020: Key Takeaways and Trends

USA - November 9 2020 On November 2, 2020, the U.S. Securities and Exchange Commission ("SEC") Division of Enforcement staff published its annual enforcement report for…

Richard M. Rosenfeld, Marlon Paz, Daniel L. Stein, Kyle P. Swan

Investment Management Survival Tips in the COVID-19 Environment

USA - March 19 2020 Historically, we have viewed business continuity plans (or BCPs) as emergency planning for short-term internal disruptions (such as a power blackout…

John W. Noell, Jr., Leslie S. Cruz, Wendy Dodson Gallegos, Adam D. Kanter, Peter M. McCamman, Stephanie M. Monaco, Tram N. Nguyen

SEC Settles Charges with 79 Self-Reporting Advisers in Share Class Selection Disclosure Initiative

USA - March 22 2019 On March 11, 2019, the US Securities and Exchange Commission (“SEC”) announced that it settled charges against 79 investment advisers who…

Leslie S. Cruz, Peter M. McCamman, Stephanie M. Monaco