Securities & Exchange Commission (SEC)
More Securities & Exchange Commission (SEC) Articles
Securities & Exchange Commission (SEC)
SEC Adopts Rules Implementing Amendments To The Investment Advisers Act of 1940
On June 22, 2011, the Securities and Exchange Commission adopted final rules under the Investment Advisers Act of 1940. The new rules implement certain provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act that removed the registration exemption on which many hedge fund and...
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U.S. Supreme Court Issues Opinion In Halliburton Case
On June 6, 2011, the United States Supreme Court issued its much-anticipated opinion in Erica P. John Fund, Inc. v. Halliburton Co. , resolving a conflict among the circuits on whether plaintiffs alleging securities fraud must prove "loss causation"- i.e. , that the investment losses...
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U.S. Supreme Court Decision May Limit Scope Of Persons Who Can Be Primarily Liable For Securities Fraud Under Rule 10b-5
The Supreme Court's June 13, 2011 decision in Janus Capital Group, Inc. v. First Derivative Traders may provide defendants with additional ammunition in securities class action lawsuits by limiting the scope of persons who can be primarily liable for securities fraud under SEC Rule 10b-5. 17...
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