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Chairman Schapiro’s Address Before the Stanford Directors’ College

June 24, 2010

  On June 20, 2010, SEC Chairman Mary L. Schapiro addressed the Sixteenth Annual Directors' College at Stanford Law School, an executive education program for directors and senior executives of publicly traded firms.  Schapiro's remarks described three main areas where the SEC is focusing… read more

IM Chief Lays out Investor Protection Initiatives

April 28, 2010

Last week, in an address before a meeting of the Business Law Section of the American Bar Association Committee on Federal Regulation of Securities, Andrew J. Donohue, Director of the SEC's Division of Investment Management, described the investor protection focus of the agency's and his… read more

A Holistic Approach to Improving Board Effectiveness

April 26, 2010

Jeffrey Stein, a partner at King & Spaulding LLP, recently published a piece on the Harvard Law School Forum on Corporate Governance and Financial Regulation blog called, "Enhancing Board Performance Through Dynamic Board Development."  The piece sets forth briefly some guidance for enhancing board effectiveness… read more

SEC Expresses Clear Support for International Accounting Standards

March 17, 2010

Last month, the SEC sent a strong signal of support for the move from separate bodies of accounting and financial disclosure standards from country to country, to a unified set of globally accepted standards.  In a statement released last month, the Commission stated that it… read more

ABA Publishes 2009 IM Legal Review

January 26, 2010

The ABA's Investment Companies and Investment Advisers Subcommittee recently published  a survey of significant legal developments in the investment management field. The "Investment Management Legal Review (Year-End Review 2009)" is a guide to significant rule-making proposals, regulatory guidance, SEC orders, enforcement proceedings, litigation and legislation… read more