Securities & Exchange Commission (SEC)

Finance

Kathy H. Rocklen | Proskauer

The SEC’s staff has released a report[1] of its observations following an examination of 19 brokerage firms’ programs to protect against the misuse of material nonpublic information (MNPI).[2] The reviews assessed each broker-dealer’s information barriers for compliance with...

Finance | Private Equity

Heath P. Tarbert, Sunny J. Thompson, Robert J. Lemons, Michael Horowitz, Eric J. Peterman, Ariel Kronman, Hyun K. Kim, David E. Wohl, Richard I. Ellenbogen, John J. Dedyo, Shawn Kodes, Adia Goss, Brian A. Waldbaum, Walter E. Zalenski, Timothy C. Welch, Christian Bartholomew, Sarah S. Nilson, Holly J. Gregory, Rebecca C. Grapsas | Weil, Gotshal & Manges LLP

Editor’s Note: This report discusses steps to reduce the likelihood of a future recession and is therefore of great importance to all our readers. Our thanks go to Weil, Gotshal & Manges LLP and its Financial Regulatory Reform Working Group for their efforts. ...

Finance

William S. Freeman | Jones Day

In October 2011, Chancellor Leo Strine of the Delaware Chancery Court awarded more than $1.2 billion in damages and interest to Southern Peru Copper Corp. ("Southern Peru") after determining at trial that in a "manifestly unfair transaction," it had substantially overpaid for...