LexisNexis® Legal Newsroom
Thomas O. Gorman
Insider Trading – Still a Key Focus of Regulators

Financial reform and the implementing Dodd-Frank continue to be key topics for market regulators. The SEC, CFTC and others are busy writing rules to implement the Act. Many on Capital Hill are studying ways to limits or repeal portions of the landmark...

Gary Larkin
Reports: Small Companies Like to Separate Chair/CEO While Big Firms Go for Lead Directors

While the big takeaway from the inaugural Korn/Ferry Market Cap 100 report on Board Leadership is that few public companies among the large capitalization public companies have non-executive chairs, it doesn't mean there isn't a trend towards...

Doug Cornelius
Europe’s New Directive on Alternative Investment Fund Management

The European Parliament has approved the Directive on Alternative Investment Fund Managers. European countries will now be setting up a framework for regulating hedge funds and private equity funds. The AIRM Directive passed with 513 votes to 92 with...

Robert Fusfeld
Lawyer Barred For Misconduct During SEC Investigation

Steven Altman, Esq. , Exchange Act Rel. 63306, November 10, 2010 Time since appeal filed - 1 year 9 months 8 days Time since last brief filed - 9 months 22 days Altman represented a prospective witness in a SEC investigation and disciplinary...

Kevin M. LaCroix
Citigroup Subprime Securities Suit Narrowed, "Principal" CDO Claims Survive

In a November 9, 2010 order ( here ) in the Citigroup subprime-related securities suit, Southern District of New York Judge Sidney Stein dismissed a host of allegations and a number of individual defendants. However, Judge Stein denied the motion...

Thomas Fox
The End of the FCPA Facilitation Payment Exception?

In November, 2009 the Organization for Economic and Co-operation and Development (OECD) announced a new recommendation at the OECD's celebration of "International Anti-Corruption Day" and the Tenth Anniversary of the " Entry into...