On Jan. 6, 2016, the staff of the SEC's Division of Investment Management released long-awaited guidance on mutual fund payments to intermediaries
As discussed in a previous Kramer Levin client alert,1 Federal legislators and regulators have been seeking to clarify ambiguities in the Dodd-Frank
A handful of trial courts in the past few years have imposed the "ultimate sanction" of a default judgment against a spoliating party.
Enacted on July 21 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act contains significant executive compensation and corporate governance provisions applicable to public companies.
The Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"), enacted on July 21, 2010, contains significant executive compensation and corporate governance provisions applicable to public companies.
On November 3, 2010, by a unanimous vote, the Securities and Exchange Commission proposed rules to implement the whistleblower incentives and protection provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank").
"Spotlight on the Judiciary" highlights the body of work of a judge who has made a significant impact on the development of e-discovery law.
Until recently, the US Court of Appeals for the Second Circuit had never rendered an opinion analyzing the safe harbor for forward-looking statements in the Private Securities Litigation Reform Act (the "PSLRA").
On March 23, 2009, the U.S. Department of Treasury (the “Treasury”), in conjunction with the Federal Deposit Insurance Corporation (“FDIC”) and the Federal Reserve, released details on the Public-Private Investment Program (“PPIP”), which is designed to provide private investors with the opportunity to coinvest with the U.S. federal government (the “USG”) to purchase “toxic assets” (i.e., legacy loans, which consist of residential and commercial real estate loans held directly on the balance sheets of banks, and legacy securities, which consist of commercial mortgage backed securities and residential mortgage backed securities originally issued prior to 2009) from participating financial institutions.
The Securities and Exchange Commission (the 'SEC') published a proposed roadmap for the use of International Financial Reporting Standards ('IFRS').