Securities Law Updates

Featured Expert Legal Commentary

Matrixx Initiatives, Inc., et al. v. Siracusano: Securities Plaintiffs Can Use Inferences to Show Materiality and Scienter at the Pleading Stages

By Josh Lawler of Zuber & Taillieu and Joel B. Ginsberg

The United States Supreme Court has ruled that in securities cases under §10(b) and Rule 10b–5 the requirement of the materiality of a defendant’s misrepresentations cannot be reduced to a bright-line rule. Facts giving rise to a strong inference that a defendant acted with the required state of mind are… More...

More Securities Law Updates

Sort by:
Page 2 of 20 of Securities Law Summaries » New Statutes, Regulations and Rules
 <  1 2 3 4 >  Last »

New Rules Eyed for Registration of Securities-Based Swap Dealers and Major Security-Based Swap Participants

Proposed Rules for Registration of Securities-Based Swap Dealers and Major Security-Based Swap Participants  |  SEC No. 2011-205  |  10/12/2011

The Securities and Exchange Commission has proposed rules that lay out the process by which security-based swap dealers and security-based swap participants must register with the Commission. More...

CFTC’s Division of Market Oversight Provides Temporary Relief from Large Swaps Trader Reporting for Physical Commodities

Temporary and Conditional Relief from the Requirements of §§ 20.3 and 20.4 of the Commission's Regulations Regarding Large Swaps  |  CFTC Release No. pr6113-11  |  9/16/2011

The Commodity Futures Trading Commission’s (Commission’s) Division of Market Oversight (Division) has issued a letter providing temporary relief from the requirements of the Commission’s regulations regarding large trader reporting of physical commodity swaps (§§20.3 and 20.4). More...

SEC Proposes Rule to Prohibit Conflicts of Interest in Certain Asset-Backed Securities Transactions

Prohibition against Conflicts of Interest in Certain Securitizations  |  SEC No. 2011-185, 17 CFR Part 230; Release No. 34-65355; File No. S7-38-11; RIN – (3235-AL04)  |  10/19/2011

The Securities and Exchange Commission has voted unanimously to propose a rule intended to prohibit certain material conflicts of interest between those who package and sell asset-backed securities (ABS) and those who invest in them. More...

FDIC Adopts Final Rule on Resolution Plans Under Dodd-Frank

Resolution Plans Required  |  FDIC 12 CFR Part 381, RIN 3064 AD 77  |  9/9/2011

The Federal Deposit Insurance Corporation (FDIC) has approved a final rule to be issued jointly by the FDIC and the Federal Reserve Board to implement Section 165(d) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. More...

SEC Seeks Comment on Review of Existing Regulations

Retrospective Review of Existing Regulations  |  17 CFR Chapter II, Release Nos. 33-9257; 34-65262; 39-2479; IA-3271; IC-29781; File No. S7-36-11  |  9/6/2011

The Securities and Exchange Commission is seeking public comment on a plan to conduct retrospective reviews of its existing regulations. More...

Public Comment Sought on Asset-Backed Issuers and Mortgage-Related Pools under Investment Company Act

Treatment of Asset-Backed Issuers under the Investment Company Act  |  Release No. IC- 29779; File Nos. S7-35-11, 17 CFR Part 270, RIN 3235-AL03  |  8/31/2011

The Securities and Exchange Commission has voted unanimously to request public comment on the treatment of asset-backed issuers as well as real estate investment trusts (REITs) and other mortgage-related pools under the Investment Company Act. More...

SEC Seeks Public Comment on Use of Derivatives by Mutual Funds and Other Investment Companies

Use of Derivatives by Investment Companies under the Investment Company Act of 1940  |  17 CFR Part 271, Release No. IC-29776; File No. S7-33-11, RIN: 3235-AL22  |  8/31/2011

The Securities and Exchange Commission has voted unanimously to seek public comment on a wide range of issues raised by the use of derivatives by mutual funds and other investment companies regulated under the Investment Company Act. More...

SEC Re-Proposes New Shelf Eligibility Requirements for Asset-Backed Securities

Re-proposal of Shelf Eligibility Conditions for Asset-Backed Securities and Other Additional Requests for Comment  |  SEC No. 2011-156, 17 CFR Parts 229, 230, 239 and 249  |  7/26/2011

The Securities and Exchange Commission has voted unanimously to re-propose for public comment some rules requiring greater accountability and enhanced quality around asset-backed securities (ABS) when issuers seek to use an expedited registration process known as shelf registration. More...

New Short Form Now in Use to Replace Credit Ratings

Short Form Criteria to Replace Credit Ratings  |  SEC No. 2011-155  |  7/26/2011

The Securities and Exchange Commission has voted unanimously to adopt new rules in light of the Dodd-Frank Wall Street Reform and Consumer Protection Act to remove credit ratings as eligibility criteria for companies seeking to use “short form” registration when registering securities for public sale. More...

SEC Adopts Large Trader Reporting Regime

Large Trader Reporting  |  SEC No. 2011-154  |  7/26/2011

The Securities and Exchange Commission has voted unanimously to adopt a new rule establishing large trader reporting requirements to enhance the agency’s ability to identify large market participants, collect information on their trading, and analyze their trading activity. More...

Page 2 of 20 of Securities Law Summaries » New Statutes, Regulations and Rules
 <  1 2 3 4 >  Last »

Companies Mentioned

Securities Law

The following companies are mentioned in Securities Law Updates:

Securities and Exchange Commission

Harris Associates, L.P.

Banc of America Securities LLC

Citicorp USA, Inc.

The Public Employees’ Retirement System of Mississippi

Morgan Stanley & Co., Inc.

Jan Charles Finance S.A.

Park East, Inc.

CIBC World Markets Corp.

Citigroup Inc.

Barclays Capital Inc.

Citigroup Global Markets, Inc.

Credit Lyonnais Securities (USA) Inc.

Florida State Board of Administration

Credit Suisse Securities (USA) LLC

Deutsche Bank AG

The Cleaners & Caulkers Local 1 Pension Fund

Credit Suisse, New York Branch

Ameriprise Financial, Inc. f.k.a. American Express Financial Corp.

Harris Nesbitt Corp.

California Department of Corporations

The Royal Bank of Scotland plc

RiverSource Investments, LLC

Asset Management Holding AG

Deutsche Bank

Consolidated Management Group, LLC

The Bank of Nova Scotia

Alex Brown, Inc.

Toronto Dominion Texas, LLC f.k.a. Toronto Dominion Texas, Inc.

SG Cowen Securities Corp.

Tellabs, Inc.

Deutsche Bank Securities, Inc.

Mizuho International PLC

Lydia Capital, LLC

Suntrust Capital Markets, Inc.

Makor Issues & Rights, Ltd.

ABN AMRO Inc.

Tribune Company

Fleet Securities, Inc. n.k.a. Bank of America, N.A.

City of Philadelphia Board of Pensions and Retirement

Staples, Inc.

The Bank of New York Company, Inc.

CIBC, Inc.

Citibank, N.A.

Metal Management, Inc.

European Metal Recycling, Ltd.

Salomon Smith Barney Inc. n.k.a. Citigroup Global Markets, Inc.

Calyon Securities (USA), Inc. f.k.a. Credit Lyonnais Securities (USA) Inc.

Salomon Smith Barney, Inc.

Calyon New York Branch (successor by operation of law to Credit Lyonnais New York Branch)

Additional Resources

Securities Law