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13 Jan 2015, 8:25 am
It also requires termination of a security registration in the case of a bank or bank holdingcompany if the number of holders of a class of security drops below 1200. [read post]
12 Jan 2015, 10:09 am
Previously, he served as a Commissioner of the Special Commission on Judicial Compensation, Director of the Federal Home Loan Bank of New York, Director of the Municipal Assistance Corporation for the City of New York, Director of the United Nations Development Corporation, Chairman of the Westchester County Industrial Development Agency, and Chairman of the New York City Rent Guidelines Board. [read post]
9 Jan 2015, 4:31 am
There is no “run and hide” option here as that could land a board of directors with a major cyber breach on its hands and no documentation to rely upon to show they exercised their fiduciary duties of oversight over the enterprise’s risk management. [read post]
8 Jan 2015, 2:55 pm
Because that’s where I bank. [read post]
8 Jan 2015, 9:33 am
Myron Orfield is Professor of Law and Director of the Institute on Metropolitan Opportunity at the University of Minnesota. [read post]
6 Jan 2015, 4:14 am
As discussed here, SEC Commissioner Luis Aguilar underscored these concerns in a June 2014 speech in which he stressed that “ensuring the adequacy of a company’s cybersecurity measures needs to be a part of a board of director’s risk oversight responsibilities. [read post]
2 Jan 2015, 8:19 am
Harkin Embarrasses Title IX Expert Activists Fail to Trigger Ombuds Concept of Ombuds for Athletes Gains Traction University of California Embraces Ombuds Offices Embattled New Jersey Governor Appoints an Ombuds ABA Ombuds Committee Defined its Role American Universities Continued to Defend Ombuds' Confidentiality in Sexual Misconduct Matters New Programs Continued Apace Notable Retirements Other suggestions include:Olympic Ombuds Succession… [read post]
22 Dec 2014, 6:11 am
The settlement agreement also includes a requirement that TD Bank “inform its board of directors of the resolution of this matter”—which appears to reflect the Massachusetts AG’s view that some cybersecurity matters may require board-level attention. [read post]
18 Dec 2014, 9:17 am
Throughout 2014, Seyfarth Shaw LLP’s dedicated Trade Secrets, Computer Fraud & Non-Competes Practice Group hosted a series of CLE webinars that addressed significant issues facing clients today in this important and ever changing area of law. [read post]
14 Dec 2014, 4:45 pm
” In another letter dated May 17, 2013, the plaintiff said he was worried that the corporation was being used “as a piggy bank for the insiders and the board of directors. [read post]
10 Dec 2014, 11:46 am
The Post also has CIA Director John Brennan’s rebuttal to the study. [read post]
9 Dec 2014, 1:57 pm
Schmidt was senior vice president for lending and a member of the board of directors of First Community Bank and Trust, which operates in Beecher and Peotone in Will County. [read post]
8 Dec 2014, 2:03 pm
The directors and officers of financial industry participants are ultimately responsible for ensuring that their entities maintain effective BSA/OFAC compliance programs, which must be approved by the board of directors and noted in the board minutes. [read post]
1 Dec 2014, 4:02 pm
You condo directors are getting a copy of the monthly bank statements mailed to you directly, right? [read post]
1 Dec 2014, 4:04 am
Supreme Court’s holding in Morrison v, National Australia Bank – which held that the U.S. securities laws do not apply to securities transactions that take place outside the U.S. [read post]
29 Nov 2014, 5:25 am
The program, sponsored by the Corporation, Banking & Securities Law Committee of the Nassau County Bar Association, will be held at the Association’s Mineola headquarters at 15th and West Streets. [read post]
25 Nov 2014, 4:08 pm
’”She noted that the program was discussed by the CIRM governing board in December 2013 at a time when the directors were being told that the money for new grants would run out in 2017. [read post]
24 Nov 2014, 3:32 am
The defendants in the lawsuits included the company, certain of its directors and officers and Deloitte Touche Tohmatsu. [read post]
21 Nov 2014, 11:08 am
The Times of Israel writes that while it was a quiet day in Jerusalem, hundreds rioted throughout the West Bank following Friday prayers. [read post]
20 Nov 2014, 4:48 am
In addition, they are angry that many boards are ignoring majority votes “against” individual directors – these boards are keeping directors on by declining to accept their resignations. [read post]
