Search Results (8856)
Documents on Securities
Show: results per page
|New York’s Highest Court Strengthens Forum Non Conveniens Doctrine in Cases Having Peripheral Connection to New York Banking System: Mashreqbank PSC v. Ahmed Hamad Al Gosaibi & Brothers Company|
Sullivan Cromwell LLP;
April 15, 2014, previously published on April 10, 2014In an opinion issued on April 8, 2014, the New York Court of Appeals unanimously dismissed on forum non conveniens grounds a case arising from a foreign exchange transaction between a bank in the United Arab Emirates and a general partnership in Saudi Arabia, where the only nexus between the...
|SEC Publishes Second Set of Conflict Mineral FAQs Focusing on Audit Requirement|
Jeffrey T. Haughey, Mary Anne O'Connell, Daniel J. Thompson; Husch Blackwell LLP;
April 15, 2014, previously published on April 9, 2014The Securities and Exchange Commission (SEC) has released new answers to nine Frequently Asked Questions about the conflict minerals rule. The regulation requires most reporting companies to disclose the presence of conflict minerals in products that they manufacture or contract to manufacture. The...
|CFTC Loosens Requirements for Swaps for Utility Special Entities|
Annie Dai Kwan, Diana M. Liebmann, Jeffrey J. Nichols, Brian Sung; Haynes Boone LLP;
April 14, 2014, previously published on April 4, 2014On March 21, 2014, the Division of Swap Dealer and Intermediary Oversight (“Division”) of the CFTC issued a no-action relief letter (the “2014 Letter”), to temporarily allow entities to deal in utility operations-related swaps, as defined in the 2014 Letter, without counting...
|No-Action Relief Granted With Regard To Certain Foreign Issuer Preliminary Proxy Filing Requirements|
David S. Bakst, Harry R. Beaudry, John P. Berkery, Edward S. Best, Laura D. Richman; Mayer Brown LLP;
April 11, 2014, previously published on April 9, 2014The staff (“Staff”) of the US Securities and Exchange Commission (the “SEC”) has provided no-action relief to certain foreign issuers that are subject to the SEC’s proxy rules. The relief allows these issuers to avoid filing preliminary proxy statements with the SEC...
|FINRA Initiates Retrospective Rule Review Heavy on Process, Vague on End Game|
Margaret R. Blake, Amy Natterson Kroll, Gail Marshall, Michael R. Weissmann; Bingham McCutchen LLP;
April 11, 2014, previously published on April 9, 2014On April 8, 2014, FINRA published two regulatory notices (“Regulatory Notices”) kicking off its much discussed retrospective review of significant rulemaking. According to FINRA, the purpose of the retrospective review is to determine whether specific rules are meeting their...
|Canadian Securities Regulators Adopt New Prospectus Exemption for Existing Security Holders|
Derrick K. Auch, Robert N. Black, Don Collie, Marek Lorenc; Davis LLP;
April 11, 2014, previously published on April 10, 2014The securities regulatory authorities (“SRA”) in all Canadian provinces, except Ontario and Newfoundland and Labrador (“Participating Jurisdictions”) announced on March 13, 2014 that they have adopted the new existing security holder prospectus exemption (the “Existing...
|Myanmar: Economic Opportunities Continue to Grow|
W. Bryan Dunn, Johanna Goosen, P. Anthony McArthur, John Munnis, Barry Penner; Davis LLP;
April 11, 2014, previously published on April 8, 2014Business opportunities in Myanmar have been growing, economic sanctions have been receding and the doors have been opening further for foreign investors since May 2013, when we last issued a bulletin on Myanmar. This bulletin provides an update on the significant changes the country is experiencing...
|SEC Staff Issues Guidance on Investment Adviser Advertising and Social Media Commentary|
Abigail Bertumen, Monica L. Parry; Bingham McCutchen LLP;
April 11, 2014, previously published on April 8, 2014Many investment advisers have wanted to benefit from third-party comments about their firms in a social media site, but have been prevented by the so-called “testimonial” rule from using them. The Division of Investment Management (the “Division”) recently released guidance...
|SEC Enforcement Staff’s Investigations of Financially Stressed Municipal Issuers|
Mintz Levin Cohn Ferris Glovsky Popeo P.C.;
April 10, 2014, previously published on April 3, 2014As reported by the Wall Street Journal, the SEC Enforcement Staff is one year into a wide-ranging review of disclosures made by financially stressed municipal bond issuers. This review has focused on whether municipalities made sufficient disclosures concerning the extent of their financial stress....
|Four Things You Need to Know About the SEC Roundtable on Cybersecurity|
Steven G. Brody, Jason E. Glass; Bingham McCutchen LLP;
April 10, 2014, previously published on April 7, 2014Cybersecurity failures in 2013 exposed the vulnerabilities of the financial markets, financial institutions, and public companies to cyber-incursions. In setting an agenda for 2014, the U.S. Securities and Exchange Commission (SEC) announced that it would begin scrutinizing the cybersecurity...