Securities & Exchange Commission (SEC)

Regulatory & Compliance

Martin R. Miller | Willkie Farr & Gallagher LLP

Effective July 21, 2010, the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act modified the $1 million net worth test for qualifying as an “accredited investor” under Regulation D to exclude for the first time the value of a person’s primary residence.[1] The...

Technology

Paul McCurdy, Evan Barnes | Kelley Drye & Warren LLP

The SEC charged an Illinois-based investment adviser on January 4, 2012 with trying to sell fictitious securities, allegedly offering more than $500 billion of the bogus investments on various social media web sites such as LinkedIn. In the SEC’s order instituting administrative proceedings...

Employee Benefits (ERISA)

Sara Pikofsky | Jones Day

Following the spectacular collapse of Enron in 2001, a cottage litigation industry was created in which a handful of plaintiffs’ firms now routinely rush to bring ERISA class actions whenever a pension plan invests in the stock of the corporate sponsor and the stock price declines...