Securities & Exchange Commission (SEC)

Securities & Exchange Commission (SEC)

Corporate Counsel Business Journal

Editor's Note: The following extracts from the DC Circuit's decision evidence its concern that regulatory bodies base their rules on a careful and well-documented justification. With a large number of rules expected to be issued by federal regulatory agencies (including under Dodd-Frank...

Securities & Exchange Commission (SEC)

Matthew R. DiClemente | Stradley Ronon Stevens & Young, LLP

On June 22, 2011, the Securities and Exchange Commission adopted final rules under the Investment Advisers Act of 1940. The new rules implement certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act that removed the registration exemption on which many hedge fund and...

Securities & Exchange Commission (SEC)

Michael R. Smith, Jeffrey S. Bucholtz | King & Spalding LLP

On June 6, 2011, the United States Supreme Court issued its much-anticipated opinion in Erica P. John Fund, Inc. v. Halliburton Co. , resolving a conflict among the circuits on whether plaintiffs alleging securities fraud must prove "loss causation"- i.e. , that the investment losses...