David S. Frankel

Litigation

David S. Frankel | Kramer Levin Naftalis & Frankel LLP

In a July 1, 2013 decision of apparent first impression, Eastern District Judge John Gleeson held that district courts have authority to review substantively, and to determine whether to approve or reject, deferred prosecution agreements. In United States v. HSBC Bank USA, N.A. and HSBC Holdings...

Regulatory & Compliance

Arthur H. Aufses III, David S. Frankel, Alan R. Friedman, Theodore S. Hertzberg | Kramer Levin Naftalis & Frankel LLP

On May 25, 2011, by a 3-2 vote, the Securities and Exchange Commission adopted a final rule implementing the whistleblower incentives provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank"). In a previous Metropolitan Corporate Counsel article...

David S. Frankel, Alan R. Friedman, Arthur H. Aufses III, Theodore S. Hertzberg | Kramer Levin Naftalis & Frankel LLP

On November 3, 2010, by a unanimous vote, the Securities and Exchange Commission proposed rules to implement the whistleblower incentives and protection provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank"). Set forth in Section 922 of Dodd-Frank and...

David S. Frankel, Alan R. Friedman, Melissa J. Prober | Kramer Levin Naftalis & Frankel LLP

On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank"), one of the most wide-ranging legislative efforts at financial reform since the Great Depression. While much of the Act focuses on significant financial regulatory...