... powers should remain within member states. Originality/value The paper provides expert guidance from experienced financial services lawyers. Anti‐money laundering United Kingdom Financial Services Authority Office of Fair Trading European Union Money laundering Laws and legislation...

.... This departure from traditional notions of market manipulation may reflect a more fundamental concern of the Division of Trading and Markets with activities undertaken by some SPAC management teams to obtain stockholder approval of a business combination. Securities markets Laws and legislation United...

... at: john.rotunno@klgates.com Gwendolyn A. Williamson can be contacted at: gwendolyn.williamson@klgates.com © Emerald Group Publishing Limited 2010 Laws and legislation Securities markets United States of America On March 30, 2010, the Supreme Court issued its highly anticipated decision...

... Securities markets Laws and legislation Loans United States of America As part of the process of developing a consolidated rulebook, FINRA has proposed FINRA Rules 4314 (Securities Loans and Borrowings), 4330 (Customer Protection – Permissible Use of Customer Securities) and 4340 (Callable Securities...

...; and new disclosure requirements. Originality/value The paper provides practical guidance by an experienced securities lawyer. John Hunt can be contacted at: Jhunt@goodwinprocter.com © Emerald Group Publishing Limited 2010 Securities markets United States of America Laws...

... economic sectors were involved. They included 25 lending institutions or financial intermediaries, 11 insurance companies, 16 industrial companies, 16 coming from the utilities field and four from the media/telecommunications sector. Banking Italy Control systems Laws and legislation Liabilities...

..., among other items, the underwriter's/placement agent's compensation, terms and arrangements. Obtaining the 415 no objections opinion from FINRA could, again, typically take anywhere from a few days to a month or more. Securities markets Assets registers Laws and legislation United States...

... securities with French residents must act through a financial intermediary qualified to conduct business in France. © Emerald Group Publishing Limited 2009 France Financial markets Laws and legislation This article discusses the current state of law concerning private placements in France...

... of action that do not require scienter. Thomas Cauley can be contacted at: tcauley@sidley.com © Emerald Group Publishing Limited 2009 Fraud Investments Laws and legislation United States of America The United States Court of Appeals for the Second Circuit's recent decision...

... interpretation and guidance from experienced employee benefits and executive compensation practice lawyers. Steven W. Rabitz can be contacted at: srabitz@stroock.com © Authors 2009 Investments Financial institutions Laws and legislation On August 3, 2009, the Securities and Exchange...

... Securities Regulation Laws and legislation United States of America [6] Note that the close‐out requirement applies only to equity securities. In the case of structured products where the “equity” status is not clear, the Commission will consider these products on a case‐by‐case basis to decide...

... considers its top priorities, including mortgage and credit‐crisis related cases, Ponzi schemes, and cross‐market misconduct: Securities Laws and legislation Organizational restructuring United States of America On 5 August 2009, Robert Khuzami spoke at The Association of the Bar of the City...

.... United States of America Hedging Taxes Laws and legislation © Emerald Group Publishing Limited 2008 Roger D. Lorence can be contacted at: rlorence@sglawyers.com IRS Revenue Ruling 2008‐38 (July 3, 2008) considered the case where a hedge fund that is an active trader in securities...

... can be contacted at: duncan.black@dechert.com Laws and legislation Financial services Insider trading Law enforcement United Kingdom Recent press reports indicate that there is growing dissatisfaction within the FSA – and beyond – with Britain's soft approach to suspected insider dealers...

... flexibility to investors: Charles S. Gittleman can be contacted at: cgittleman@shearman.com © Emerald Group Publishing Limited 2008 Laws and legislation United States of America Securities markets On June 20, 2007, the US Securities and Exchange Commission (the “SEC”) adopted...

... are fair to investors and meet their reasonable expectations as created by the firm. Originality/value Expert analysis provided by leading lawyers specialized in financial institutions. © Company 2008 Laws and legislation United Kingdom Financial services Financial institutions...

.... The same can be said of the argument that it was not the SEC's intent that the Rule be used primarily to create a substitute for the imposition of sales charges, but rather was designed to provide a source of funding for advertising and marketing efforts. Investments Unit trusts Laws and legislation...

... to somebody is gone and irretrievable.” © Emerald Group Publishing Limited 2005 Document management Laws and legislation Business policy ‘Document retention policies,’ which are created in part to keep certain information from getting into hands of others, including the Government...