Regulatory & Compliance
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Investigations
Corporate Internal Investigations Alert: SEC Gives $300,000 Whistleblower Award To Employee Responsible For Compliance And Audit Functions
On August 29, 2014, the Securities and Exchange Commission (“SEC”) announced a whistleblower award of more than $300,000 for a company employee who performed audit and compliance functions.[1] The award, twenty percent of the amount the SEC collected in an enforcement action,...
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Volcker Rule Update
On December 6, 2013, five federal financial regulatory agencies – Board of Governors of the Federal Reserve System (FRB); Office of the Comptroller of the Currency (OCC); Federal Deposit Insurance Corporation (FDIC); Securities and Exchange Commission (SEC); and Commodity Futures Trading...
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The Deal Compass – Inversions
Several U.S. companies have completed an inversion transaction to potentially reduce their tax rate and ensure that earnings arising from future growth outside the U.S. remain outside the U.S. tax system. In June of 2014, another inversion transaction, QLT Inc.’s acquisition of Auxilium...
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