Topic
Securities
6,683 published works
Ponzi Perspectives
Notable Litigation – August 2023
Notable litigation filed during August 2023 includes: (1) SEC v. Rocha; (2) Legum v. Garfinkel, et al.; and (3) SEC v. Conn. Jr. SEC v. Rocha, No. 1:23-cv-11779-LTS (D. Mass.)…
Global Financial Regulatory Blog
Hong Kong Court Clarifies Scope of Collective Investment Schemes and Securities
The ruling confirms that courts will consider substance over form when assessing collective investment scheme arrangements and exemptions under securities law. By Simon Hawkins and Adrian Fong On 2 August…
SEC Actions
This Week In Securities Litigation (Week of September 11, 2023)
We begin this week with a day of remembrance. September 11 will always be a special day and one to remember all those who died, were injured, and witnessed the…
The Securities Law Blog
Linus Financial Agrees to Settle SEC Charges of Unregistered Offer and Sale of Securities
The Securities and Exchange Commission today announced settled charges against Linus Financial, Inc. for failing to register the offers and sales of its retail crypto lending product, the Linus Interest…
The Capital Commitment
Lawsuit Challenges Private Fund Adviser Rules
By Robert Sutton, Robert E. Plaze
On Friday, September 1, 2023, a lawsuit was filed with the federal Court of Appeals in the Fifth Circuit challenging the validity and enforceability of the recently adopted Private Fund…
The D&O Diary
Robotic Aircraft Company Hit with COVID-19 and Supply Chain-Related Securities Suit
In my recent roundup of the top stories in the world of directors’ and officers’ liability and insurance, I noted that a host of macroeconomic factors – such as supply…
The Securities Law Blog
SEC Charges Private Equity Firm Prime Group for Inadequate Disclosure of Fees Paid to Affiliate
The Securities and Exchange Commission today charged Prime Group Holdings LLC, a private equity firm focused on alternative real estate asset classes, for failing to adequately disclose millions of dollars…
Retained Interest
The Final Stretch: Securitization in the US Under the Proposed Basel III Endgame Rules
On July 27, 2023, the US banking regulators issued a proposal to significantly revise the risk-based capital requirements applicable to large banks and to banks with significant trading activity. The…
The CLS Blue Sky Blog
Paul Weiss Discusses Second Circuit Decision Confirming Syndicated Bank Loan Not a “Security”
By Lorin L. Reisner, Audra J. Soloway, Richard C. Tarlowe, Alexis K. Kaufman, Daniel Negless
On August 24, 2023, in a highly anticipated decision, the Second Circuit in Kirschner v. JPMorgan Chase Bank, N.A. et al. affirmed dismissal of state-law securities claims because the syndicated…
The D&O Diary
What to Watch in the World of D&O
Every year after Labor Day, I take a step back to survey the most important current trends and developments in the world of Directors’ and Officers’ liability and insurance. This…