... Services Authority Office of Fair Trading European Union Money laundering Laws and legislation The trend of tough enforcement by UK anti‐money laundering (AML) authorities has continued in recent weeks. The Financial Services Authority (FSA) has taken further action and the Office of Fair Trading...

... or closing price of the security. Among other things, the Staff has sought comment on other types of passive pricing mechanisms, including the mid‐point of the national best bid and offer. Securities markets Laws and legislation United States of America Stock exchanges The Securities...

... into the industry standard Master Securities Lending Agreement, which also satisfies the written agreement requirements of Rule 15c3‐3. Under the proposal, NYSE Rule 296 would be adopted as Rule 4314, with the changes described below. Securities markets Laws and legislation Loans United States of America...

... Publishing Limited 2010 Laws and legislation Securities markets United States of America On March 30, 2010, the Supreme Court issued its highly anticipated decision in Jones v. Harris Associates, LP. The decision resolves the Circuit split that was created when the Seventh...

... Assets registers Laws and legislation United States of America The Financial Industry Regulatory Authority's (FINRA) Corporate Financing Department is responsible for the pre‐offering review of registered offerings of securities for compliance with FINRA's regulations governing, among other...

...; 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...

... listed Italian companies, mainly operating in the financial and utilities sectors, was analyzed. The results were the following: Gabriella Opromolla can be contacted at: gabriella.opromolla@calmetta.com © Emerald Group Publishing Limited 2010 Banking Italy Control systems Laws...

... © Authors 2009 Investments Financial institutions Laws and legislation These proposed rules are largely aimed at the over $2.2 trillion of assets of public pension plans (approximately one‐third of all US pension plan assets) that, according to the SEC, are “particularly vulnerable...

... be contacted at: eric.cafritz@friedfrank.com © Emerald Group Publishing Limited 2009 France Financial markets Laws and legislation The Prospectus Directive expanded the definition of “qualified investors” and simplified the definition of a “restricted group of investors”. The former...

.... Counsel, Secs. Indus. and Fin. Mkts. Assoc. to Florence E. Harmon, Secs. & Exch. Comm'n (December 16, 2008), available at: www.sec.gov/comments/s7‐30‐08/s73008‐52.pdf Securities Regulation Laws and legislation United States of America On July 27, 2009, the Securities and Exchange...

.... Originality/value The paper will be valuable to any investment adviser, and particularly to those who recommend investments that are later revealed to be Ponzi schemes. Thomas Cauley can be contacted at: tcauley@sidley.com © Emerald Group Publishing Limited 2009 Fraud Investments Laws...

...‐Meredith, Securities Exchange Act Release No. 44969, Securities Exchange Commission, Washington, DC, October 23. Nader H. Salehi can be contacted at: nader.salehi@bingham.com © Emerald Group Publishing Limited 2009 Securities Laws and legislation Organizational restructuring United...

... filed the election by April 15, 2008 with its 2007 return or the extension, whichever applied). See Rev. Proc. 99‐17, 1999‐1 C.B. 503. Roger D. Lorence can be contacted at: rlorence@sglawyers.com © Emerald Group Publishing Limited 2008 United States of America Hedging Taxes Laws...

... the FSA – and beyond – with Britain's soft approach to suspected insider dealers. For example, the London Financial Times [1] reported that the FSA had been discussing with the UK government the possibility of introducing “US‐style plea bargaining” for suspects. Laws and legislation...

... © 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 proposed amendments (the “Amendments”) to Rule 105 of Regulation M (the “Rule”) [1] . Under...

... risk; and clarification of roles. Laws and legislation United Kingdom Financial services Financial institutions The Financial Services Authority (FSA) recently published guidance on The responsibilities of providers and distributors of products and services for the fair treatment...

... to pay for the distribution costs necessary to achieve this salutary outcome (Walsh, 2004). The result was the adoption of Rule 12b‐1 [4] . Investments Unit trusts Laws and legislation Rule 12b‐1 of the Investment Company Act of 1940 (the “Act”) permits a mutual fund to act...

...‐mail. © 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, are common in business...