Topic
Securities
6,664 published works
Securities Law Prof Blog
SEC Approves NASD Rule re. Subpoenas in Arbitration
The SEC approved NASD Regulation's rule relating to third party subpoenas in arbitration which will authorize only arbitrators (and not attorneys, as in some states) to issue subpoenas. Here is…
The Contingency
Taxing Texas Class Actions
Chief Justice John Marshall (1755-1835).Would he take a Texas class action? As Blawgletter surveyed the Texas Supreme Court's "weekly orders" from last Friday, the words of Chief Justice John Marshall…
Securities Law Prof Blog
White on Credit Rating Agency Reform Act
"A New Law for the Bond Rating Industry -- For Better or For Worse? " by LAWRENCE J. WHITE, Stern School of Business, NYU, is on bepress Law Collection. Here…
Securities Law Prof Blog
Colombo on Analyst Fraud
Ronald J. Columbo, Hofstra University, has just posted Buy, Sell or Hold? Analyst Fraud from Economic and Natural Law Perspectives in the bepress Law Collection. Here is the abstract:Investor protection…
The D&O Diary
Institutional Investors, Lead Plaintiffs, and Opt-Outs
A frequently repeated - but demonstrably false - statement about securities class action lawsuits is that, while public pension funds have served as lead plaintiffs in securities fraud lawsuits, private…
Securities Law Prof Blog
SEC’s Sirri Speaks on Regulation of Foreign Exchanges and Brokers
Erik R. Sirri, Head of Market Regulation, SEC, spoke on March 1 on Trading Foreign Shares, in which he recognized that:foreign financial services companies have been increasingly reaching out to…
The D&O Diary
More Massive Opt-Out Settlements
In recent posts (most recently here and here), I have commented on the worrying trend toward institutional investor opt-out cases and the massive settlements that have followed. In a February…
Securities Law Prof Blog
Default Judgment Against Attorney
The SEC announced it obtained a default judgment against Defendants Michael D. Spadaccini, of Austin, Texas, and his company, Oronex, LLC, for their role in a scheme to evade the…
Securities Law Prof Blog
Georgetown Law’s Corporate Counsel Institute
Georgetown Law’s Eleventh Annual Corporate Counsel Institute March 8-9, 2007WHO: Christopher CoxChairman, U.S. Securities and Exchange Commission"Priorities for 2007 at the SEC" Paul McNultyDeputy Attorney General, U.S. Department of Justice"DOJ…
Securities Law Prof Blog
The SEC — Not the Investors’ Advocate
More evidence that the SEC is becoming an anti-investor agency. Chair Cox will address the Chamber of Commerce at a conference where it will release its report calling for less…