Tags » U-S-securities-and-exchange-commission

Third Circuit Adds Its Voice to Ongoing Construction of Morrison

Since the U.S. Supreme Court passed its 2010 decision in Morrison v. National Australia Bank, which concerned the application of federal securities laws to transactions involving foreign securities, a number of judicial rulings have attempted to further construe some of the decision’s key elements. 308 more words


Morgan Lewis explains CFTC/SEC Jurisdictional Battle Heats Up Over Dividend Indices

The CFTC recently approved a futures contract on a dividend index as a non-security based index futures contract over the SEC’s objection that the dividend index contract could be a security future; the CFTC’s actions may have implications for market participants in this and other dividend index futures contracts and swaps. 3,098 more words

Securities Regulation

Proskauer discusses how Third Circuit Opinion Raises Uncertainty for the Ordinary Business Exclusion in Shareholder Proposals

On July 6, 2015, the U.S. Court of Appeals for the Third Circuit issued its opinion[1] in Trinity Wall Street v. Wal-Mart Stores, Inc… 2,354 more words

Securities Regulation

More Than 40 U.S. Senators Call for Disclosure of Corporate Political Spending

In a letter released today, 44 senators are calling on U.S. Securities and Exchange Commission Chair Mary Jo White to act on a rule-making petition that would require companies to disclose their political spending. 235 more words

Why has Tim Cook broken Apple's vow of silence?

”Of course, has to update the markets every quarter about its financial performance, but even then it can be parsimonious – there were no Apple Watch sales figures in the latest quarterly release,” Rory Cellan-Jones writes for BBC News. 399 more words


Tim Cook gets 560,000 Apple shares, Eddy Cue gets 350,000

”Apple CEO Tim Cook and Senior Vice President Eddy Cue received 560,000 and 350,000 restricted stock units respectively this week, worth a combined $93.8 million based on AAPL’s closing price of $103.12 on Monday, according to a pair of filings with the U.S. 624 more words


Did Apple CEO Tim Cook personally benefit from his email to Jim Cramer?

”By coincidence or design, Tim Cook was scheduled to receive a boatload of Apple stock the same day he stopped a market rout,” Philip Elmer-DeWitt reports for Fortune. 244 more words