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Fourth Amendment Protection Extends to Electronic Messages on Employer Owned Devices Ninth Circuit Rules
Zaldwaynaka L. Scott, Julian Wentworth Roskill, David Krakoff, Bob Davis, July 18, 2008
In a unanimous three-judge panel decision, Quon v. Arch Wireless Oper. Co., Inc., No. 07-55282, CV-03-00799-SGL (9th Cir. June, 18 2008), the Ninth Circuit ruled that the Fourth Amendment, which prohibits unlawful search and seizure, applies to email and text messages on employer-owned devices.

SEC to Propose Liberalizing Changes to Securities Exchange Act Rule 15a-6
Michael R. Butowsky, Charles M. Horn, Scott A. Anenberg, July 18, 2008
At an open meeting convened on June 25, 2008, the US Securities and Exchange Commission (SEC) approved the issuance for public comment of liberalizing amendments to Rule 15a-6 under the Securities Exchange Act of 1934 (the "Exchange Act").

SEC Proposes Rule Changes Relating to Credit Ratings on Asset-Backed Securities
Robert F. Hugi, Jason H. P. Kravitt, Stuart M. Litwin, Jon Van Corp, July 10, 2008
On June 11, 2008, the Securities and Exchange Commission voted to propose a series of rule changes that are meant to increase the transparency of the credit ratings process and address practices that the Commission views as having contributed to recent turmoil in the credit markets.

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