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Commissioner Walter on International Cooperation

April 06, 2012

In recent testimony before the Senate Committee on Banking, Housing, and Urban Affairs, SEC Commissioner Elisse Walter highlighted the importance of international cooperation in financial regulation. Commissioner Walter highlighted the primary ways the SEC works with its international counterparts, particularly with respect to the implementation… read more

From Enron to Lehman Brothers:  Lessons for Boards

March 30, 2012

In an article written for The Conference Board entitled From Enron to Lehman Brothers:  Lessons for Boards From Recent Corporate Governance Failures, author Frederick Lipman, who is a partner at the Blank Rome LLP law firm, discusses common pitfalls in many current whistleblower programs, and… read more

SEC Study: Target-Date Funds are Misunderstood

March 29, 2012

The SEC has released a study that shows target-date funds are misunderstood by a majority of investors in retirement accounts.  Most of those surveyed did not understand the significance of the year in a target-date fund's name and many believed these funds provided guaranteed income… read more

SEC Settlement Language

March 28, 2012

In a decision issued on March 15, the Second Circuit Court of Appeals issued a stay postponing a trial ordered by Judge Rakoff following his rejection of a settlement in a case brought by the Securities and Exchange Commission against Citigroup Global Markets Inc.  Judge… read more

Report: Insider Trading Annual Review

March 22, 2012

Morrison & Foerster has issued a 2011 Insider Trading Annual Review.  In 2011, the government continued to make insider trading a top enforcement priority and has given every indication that it will continue to do so in the future.  According to the report, the… read more