The legislative season for financial regulatory reform is now in full swing. In the last two weeks, the leadership of the House Financial Services Committee and Treasury have jointly prop...
The Investor Protection Act passed the House Financial Services Committee (the “Committee”) on November 4, 2009 on a party-line vote. The bill (the “Committee Bill”) modified the ...
Two competing bills to reform the over-the-counter (“OTC”) derivatives markets are awaiting action by the House of Representatives: a bill to enact the “Over-the-Counter Derivatives...
The SEC staff has issued Staff Legal Bulletin No. 14E which revises its historical positions on the exclusion under Rule 14a-8(i)(7) of shareholder proposals related to risk evaluation an...
The Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) (collectively, the “Commissions”) released a joint report on October 16, 2...
Yesterday at the New York Stock Exchange, NYSE Euronext and Davis Polk co-hosted a seminar for listed companies entitled “Preparing for the 2010 Proxy Season: Spotlight on Risk.” The...
Discussion drafts of three bills: the Investor Protection Act of 2009, the Private Fund Investment Advisers Registration Act of 2009 and the Federal Insurance Office Act of 2009 were rele...
A discussion draft of legislation to regulate the over-the-counter (“OTC”) derivatives markets (the “Draft Bill”) was released on October 2, 2009 by House Financial Services Commi...
The Davis Polk Financial Crisis Manual has been written for anyone who wants to understand the flurry of new legislation, old law used in new ways, contracts with Treasury, press releases...
In response to an outcry of criticism voiced by the public, Congress and regulators, on September 18, 2009, the Securities and Exchange Commission (the “SEC”) proposed to ban the use ...
