Today, the staff of the Division of Corporation Finance (the “Staff”) of the Securities and Exchange Commission issued a no-action letter to Davis Polk, Cleary Gottlieb and O’Melven...
On April 10, 2009, the Securities and Exchange Commission (the “SEC”) published proposed amendments to Regulation SHO that would impose new restrictions on short sales. As proposed, t...
Two weeks after the US government first announced its Financial Stability Plan, the US Treasury Department and the Federal Reserve, on February 25, 2009, released more information about t...