In hopes of boosting competitive broadband network services in rural areas, British telecom regulator Ofcom has ordered dominant national operator BT to slash its wholesale broadband access rates to eleven percent below the rate of inflation for the next three years.
On July 12, 2011, the U.S. Securities and Exchange Commission (the “SEC”) issued an order (the “Order”) that adjusts for inflation two dollar amount tests in Rule 205-3 under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).
On May 10, 2011, the U.S. Securities and Exchange Commission (the “SEC”) published a notice1 that it intends to issue an order that would adjust for inflation two dollar amount tests in Rule 205-3 under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).
Statistics published this week by media ratings firm Nielsen show a drop in the number of U.S. homes with a television set.
On December 17, 2010, President Obama signed the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (the "Act") into law, extending the Bush tax cuts for another two years and providing long-awaited clarity with respect to the estate, gift, and generation skipping transfer ("GST") tax laws, at least for 2010, 2011, and 2012.
French media giant Vivendi targeted France Telecom (FT) in an antitrust complaint filed Monday with the European Commission (EC), claiming that FT’s abuse of its dominant position in the French fixed-line market chokes competition and prevents rivals from investing in next-generation fiber infrastructure.
A federal district court judge in Kansas City has allowed a series of class action antitrust suits against AT&T to proceed.
Investors seeking recompense from third parties that manipulate the stock prices of public companies were dealt a blow on Tuesday by the U.S. Supreme Court, which dismissed a complaint filed by investors of Charter Communications against two suppliers, Motorola and Scientific-Atlanta.
Regulation D provides an exemption from the registration requirements of the Securities Act for private or limited offerings of securities.
On May 23, 2007, the SEC approved interpretive guidance on internal control over financial reporting.