Law Blog Category: Dodd-Frank Act

The Acting SEC Chair Has Trimmed Enforcement’s Subpoena Power

In early February 2017, acting SEC Chair Michael Piwowar revoked the subpoena authority from approximately 20 senior SEC enforcement staff. The change leaves the Director of the Division of Enforcement as the sole person with the authority to approve a formal order of investigation and issue subpoenas. Historically, the staff did not have subpoena power; Read the full article…

SEC Completes Inflation Adjustment To Civil Penalties

ABA Journal’s 10th Annual Blawg 100 —————————————————————————————————— The SEC has completed the first annual adjustment for inflation of the maximum civil monetary penalties administered under the SEC. The inflation adjustment was mandated by the Federal Civil Penalties Inflation Adjustment Improvements Act of 2015, which requires all federal agencies to make an annual adjustment to civil Read the full article…

House Continues To Push For Reduced Securities Regulation

October 04, 2016 in Dodd-Frank Act

House Appropriations Bill The House continues its busy activity of passing legislation designed to reduce securities and market regulations. In early July, the House passed H.R. 2995, an appropriations bill for the federal budget for the fiscal year beginning October 1st. No further action has been taken.  The 259-page bill, which is described as “making Read the full article…

SEC Whistleblower Awards Pass $100 Million As It Continues To Crack Down On Confidentiality Provisions In Employment Agreements

September 27, 2016 in Dodd-Frank Act, SEC

The SEC has proudly announced that including a $22 million award on August 30, 2016, its whistleblower awards have surpassed $100 million. The news comes in the wake of two recent SEC enforcement proceedings against companies based on confidentiality and waiver language in employee severance agreements. Like two prior similar actions, the SEC has taken Read the full article…

House Passes More Securities Legislation

SEC Gives Insight On 2016 Initiatives

SEC Congressional Testimony- Part I

Say-On-Pay for Smaller Reporting Companies

SEC Guidance on Rules Disqualifying Bad Actors from Participating in Rule 506 Offerings

An Overview of Exemptions for Hedge Fund Advisors: Exemptions for Advisors to Venture Capital Funds, Private Fund Advisors with Less Than $150 Million in Assets Under Management, and Foreign Private Advisors – Part IV

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