Article(s) published by this organization: 114
 | Mass. AG's Office Increases Oversight of Executive Compensation at the Commonwealth's Charities Peter C. Erichsen, Kendi E. Ozmon, Adelbert L. Spitzer; Ropes & Gray LLP; October 28, 2009, previously published on October 15, 2009 The Massachusetts Attorney General's office recently announced that it is "increasing its oversight of executive and director/trustee compensation practices" at the Commonwealth's "larger and more significant public charities." While "[i]nitially, the focus will be on a... |
| Second Circuit Allows Direct Purchasers to Sue Pharmaceutical Companies for Antitrust Claims Based on a Prior Finding of Inequitable Conduct before the PTO Mark Popofsky; Ropes & Gray LLP; October 28, 2009, previously published on October 20, 2009 The Second Circuit's recent opinion In re DDAVP Antitrust Litigation marks the first federal appeals court decision to grant standing to a customer, rather than a competitor, to bring monopolization claims based on enforcement of a patent allegedly procured by fraud on the U.S. Patent and Trademark... |
| SEC Enforcement Action under Regulation S-P for Data Intrusion Ropes & Gray LLP; October 28, 2009, previously published on October 8, 2009 The Securities and Exchange Commission (SEC) recently took enforcement action against a broker-dealer/registered investment adviser (the Firm) for violations of Rule 30(a) of Regulation S-P (the Safeguards Rule), due to the Firm's failure to protect customer data from an intruder. The Safeguards... |
| Temporary Money Market Portfolio Holdings Disclosure Requirements Implemented Ropes & Gray LLP; October 28, 2009, previously published on October 21, 2009 The Treasury Department's Money Market Guarantee Program (the "Guarantee Program"), ended on September 18, 2009 and on that day the SEC voted to approve a new interim final temporary Rule 30b1-6T. Under this rule, money market funds must submit to the Commission a schedule of portfolio... |
| SEC Moves Forward with Credit Rating Agency Reforms Ropes & Gray LLP; October 28, 2009, previously published on October 21, 2009 The SEC, continuing its efforts to tighten the regulation of rating agencies, has issued four releases addressing a number of the SEC rules that deal with security credit ratings issued by Nationally Recognized Statistical Rating Organizations (NRSROs). One of the releases, issued October 5, 2009,... |
| Bank Custodian Pays Penalty for Customer's Failure to Disclose Excessive Mutual Fund Sales Fees Ropes & Gray LLP; October 28, 2009, previously published on October 21, 2009 In a settlement reached with the SEC, Regions Bank (Regions) agreed to pay a fine in a case alleging that Region's customer, U.S. Pension Trust Corp. and U.S. College Trust Corp. (collectively "USPT"), defrauded approximately 14,000 investors by charging excessive, undisclosed commissions... |
| NY State Bar Association Issues Report on Section 457A and Deferred Compensation Paid by Investment Funds and Other Service Recipients Jonathan M. Zorn, Andrew Oringer; Ropes & Gray LLP; October 7, 2009, previously published on October 5, 2009 Earlier today, October 5, 2009, the Tax Section of the New York State Bar Association (NYSBA) filed with the US Department of the Treasury, the Internal Revenue Service, and Congress a comprehensive Report on Section 457A, which highlights a number of issues, interpretive matters, pitfalls, and... |
| U.S. Department of the Treasury and IRS Issue New Guidance Allowing for Easier Restructuring of CMBS Loans Ropes & Gray LLP; October 7, 2009, previously published on September 22, 2009 Recent filings for bankruptcy protection by such high profile borrowers as General Growth Properties, Inc. have highlighted the need for a more flexible and proactive approach to restructuring securitized loans. With a projected $150 billion in commercial-mortgage-backed securities (CMBS) loans... |
| Senator Baucus Opens Final Phase of Health Reform Debate with Release of Much-Anticipated Legislation Barbara D.A. Eyman, Stephen A. Warnke, Nathan Brown, Harvey Cotton; Ropes & Gray LLP; September 21, 2009, previously published on September 17, 2009 Senator Max Baucus, the chairman of the Senate Finance Committee, released his much-anticipated health reform legislation, "America's Healthy Future Act of 2009." The proposal has no Republican supporters as yet, but it remains the most likely template for successful bipartisan... |
| NYSE Proposes Changes to Corporate Governance Listing Standards Ropes & Gray LLP; September 16, 2009, previously published on September 4, 2009 On August 26, 2009, the New York Stock Exchange LLC (NYSE) filed a proposal with the Securities and Exchange Commission to amend certain corporate governance standards in Section 303A of the NYSE Listed Company Manual. The proposed amendments are intended to clarify existing standards, codify... |
