Topic
Securities
6,683 published works
Corporate Defense and Disputes
Missouri Court Denies Dismissal of SIFMA Challenge to Missouri’s Anti-ESG Rules for Financial Advisers
A federal district court in Missouri recently denied a motion to dismiss the Securities Industry and Financial Markets Association’s (“SIFMA’s”) challenge to Missouri Securities Division rules that require financial firms…
SEC Actions
This Week In Securities Litigation (Week of January 8, 2024)
Through the holidays the filing of new enforcement actions slowed. Similarly, the filing of new rule making projects slowed. With the end of that period look for increased enforcement activities…
Corporate and Securities Law
NYSE Updates Shareholder Approval Rule
The NYSE amended its shareholder approval rules to make it easier for listed companies to sell securities to passive existing shareholders without obtaining shareholder approval. The SEC approved the change…
SEC Actions
This Week In Securities Litigation (Week of January 3, 2024)
As the year drew to a close the Commission continued to file enforcement actions. Specifically, the agency filed actions centered on a misappropriation, policies and procedures and an offering frauds.…
The D&O Diary
Federal Court Securities Class Action Lawsuit Filings Increased in 2023
D&O insurers closely track the annual number of securities class action lawsuit filings. The number of annual filings can provide some indication of the insurers’ ultimate loss costs for the…
Securities Law Prof Blog
New Securities Law Article in Print
The following law review article relating to securities regulation is now available in paper format:James Britton, Beth Brownstein & Justin Kesselman, Increasing Transfer Security for Securities: Application of the Section…
The Securities Edge
Bad Cases Make Bad Law
We’ve all heard the expression “hard cases make bad law.” But sometimes bad law is the result of bad cases – i.e., cases that should never have been brought in…
IPO, Then What?
Fifth Circuit Vacates SEC Buyback Disclosure Rule
On December 19, 2023, the Fifth Circuit Court of Appeals vacated the SEC’s share repurchase disclosure rule, which required issuers to: (i) report daily aggregate share repurchase data on a…
Litigation Finance Journal
Federal Court of Australia Dismisses IOOF Class Action
By John Freund
As LFJ reported earlier this week, the shareholder-led class action brought against Wellard and funded by ICP Funding has reached a settlement agreement. However, today we have news of another…
Global Regulation Tomorrow
ESMA consults on technical advice on CSDR penalty mechanism
On 15 December 2023, the European Securities and Markets Authority (ESMA) issued a consultation paper regarding technical advice on the penalty mechanism under the Central Securities Depositories Regulation (CSDR). The…