LexisNexis® Legal Newsroom
CFPB Implementation Strategy for New Mortgage Rules

by Michael B. Raines and Jeffrey E. Jamison Although the CFPB's new mortgage rules ("Mortgage Rules") are less than a month old and do not go into effective until January 10, 2014, the CFPB is not wasting any time putting the mortgage...

Yi Song
SEC Prosecution against A Chicago Convention Center EB-5 Project

Investor confidence in EB-5 should be bolstered with the breaking news released on February 8, 2013, that the Securities and Exchange Commission (SEC) has charged the EB-5 project A Chicago Convention Center (ACCC) and its principal Anshoo R. Sethi...

State Net
CA Out of Bond-Rating Basement

Standard & Poor's raised California's general obligation bond rating from A-minus to A this month. The upgrade comes just a week after S&P downgraded Illinois' rating to A-minus, meaning The Prairie State now has the lowest bond...

Andrew Ledbetter
New NYSE and Nasdaq Compensation Committee Listing Standards

As we previously blogged , in June 2012 the SEC adopted final rules directing national securities exchanges to establish listing standards relating to compensation committees. The NYSE and Nasdaq have now done so. Our colleagues Christopher C....

Corporate and Securities Law Community Staff
Petitions to Modify or Set Aside CFPB Civil Investigative Demands: Analysis of Recent Decisions

by Amanda M. Raines and A.J. Dhaliwal Amanda M. Raines and A.J. Dhaliwal, of BuckleySandler LLP, discuss how the power of civil investigative demands (CIDs) has been brought into focus by two Consumer Financial Protection Bureau (CFPB) decisions...

Timothy Raub
Standard & Poor’s Sued Over Inflated Ratings on Structured Debt Securities

LOS ANGELES - (Mealey's) The U.S. government on Feb. 5 announced the filing of a lawsuit in California federal court against Standard & Poor's Ratings Services alleging that the ratings agency lied about its objectivity and independence...