Recent Posts

U.S. High Court Finds Portion Of Sarbanes-Oxley Act Unconstitutional
Posted on 28 Jun 2010 by Dylan McGuire

WASHINGTON, D.C. - (Mealey's) The formation and oversight structure of the Public Company Accounting Oversight Board (PCAOB), an independent administrative agency created under the Sarbanes-Oxley Act of 2002 (SOX), violates the U.S. Constitution,... Read More

The Week In Securities Litigation: SEC Settles 'Suspicious Trading' Insider Trading Action
Posted on 19 Oct 2012 by Thomas O. Gorman

Significant events this week included the proposal by the SEC of additional swaps rules regarding security-based swap dealers and major participants. Enforcement settled a "suspicious trading" insider trading action with a Hong Kong based entity... Read More

The Week in Securities Litigation: President Signs 2 Pieces Of Securities Legislation, Another Clawback Case Brought By SEC
Posted on 6 Apr 2012 by Thomas O. Gorman

At the start of the second quarter the focus was on the White House where two pieces of securities legislation were signed into law by the President. First, the STOCK Act, prohibiting the already illegal insider trading by Congress was signed. Later in... Read More