Topic
Securities
6,664 published works
The D&O Diary
Apple, The Big Apple, and “Pay to Play” Plaintiffs’ Lawyers
In a series of recent editorials, the New York Sun has raised some interesting and troubling questions about a New York City's pension fund's involvement as lead plaintff in the…
Securities Law Prof Blog
NASD Arbitrators Must Take Training
Because of the SEC’s recent approval of NASD’s revised Code of Arbitration Procedure , NASD requires all active arbitrators on its roster to complete an online training course. The mandatory…
Securities Law Prof Blog
SEC Case against 2 former Citicorp Officers Dismissed
A judge dismissed the SEC's lawsuit against 2 former Citicorp officers. The agency alleged that millions of dollars saved from a contract negotiated with First Data Investment Services should have…
Securities Law Prof Blog
Former Engineered Support Systems officer charged with insider trading
The SEC filed civil injunctive actions against Ronald W. Davis, the former President of Business Development of Engineered Support Systems, Inc., and his friend and former broker, Matthew E. Kopsky,…
Securities Law Prof Blog
Stanley Sporkin on his Own
Stanley Sporkin, former head of SEC's enforcement division, former CIA head, former U.S. District Judge, former partner of Wachtell Lipton, is now on his own, as a lawyer and consultant,…
Securities Law Prof Blog
Eleventh Circuit: Section 11 Really Does Have a Reliance Requirement
APA Excelsior III v. Premiere Technologies, 2007 WL 286258 (11th Cir.(2/2/07). The 11th Circuit affirmed a district court's dismissal of a complaint filed under 33 Act section 11 brought by…
The D&O Diary
AIM Reforms Rules for Companies
The would-be reformers who propose restructuring the U.S securities regulation regime cite the loss of U.S. IPO market share to overseas markets, particularly London's Alternative Investment Market (AIM), as justification…
Securities Law Prof Blog
NASDD TRACE Fact Book Available
The 2006 NASD TRACE Fact Book is now available on its website. It is intended to give retail investors, market professionals, media and educational institutions a historical perspective of the…
Securities Law Prof Blog
Raymond James Fined $2.75 million for Inadequate Supervision
NASD fined Raymond James Financial Services, Inc. (RJFS) of St. Petersburg, FL, $2.75 million for failing to maintain an adequate supervisory system to oversee the sales activities of over 1,000…
Securities Law Prof Blog
Citigroup Considering TSE Listing
Citigroup is considering listing its shares on the Tokyo Stock Exchange, to facilitate its expansion efforts in Japan. See WSJ, Citigroup Studies Possibility Of Tokyo Share Listing.