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21 Sep 2022, 4:39 pm by Sabrina I. Pacifici
Attorney’s Office for the Southern District of New York and the Internal Revenue Service (IRS) for criminal investigation…” To access the full complaint with exhibits: Part 1 – Part 2 The complaint includes fraudulent conduct across more than 23 different properties and other assets owned by Mr. [read post]
6 Sep 2022, 9:01 pm by Martin Lipton
Although asset managers and institutional investors will often act independently of activists, the relationship between activists and asset managers and investors in recent years has encouraged frequent and aggressive activist attacks. [read post]
4 Sep 2022, 9:05 pm by Richard DiNapoli
When investors look to pool money into an investment fund, they sign a contract with an investment advisor to manage the fund’s investments and assets. [read post]
29 Aug 2022, 11:58 am by Cynthia Marcotte Stamer
Thus, in the FileFax Resolution Agreement, for instance the receiver appointed to liquidate the assets of FileFax, Inc. paid $100,000 out of the receivership estate to OCR to settle potential HIPAA violations after Filefax shut its doors during the course of OCR’s investigation into alleged HIPAA violations. [read post]
19 Aug 2022, 6:30 am
Securities and Exchange Commission, on Saturday, August 13, 2022 Tags: Asset management, Index funds, Institutional Investors, Investment advisers, Investor protection, PCAOB, Retail investors, SEC, Securities regulation Should Your Company Go Private? [read post]
19 Aug 2022, 6:30 am
Securities and Exchange Commission, on Saturday, August 13, 2022 Tags: Asset management, Index funds, Institutional Investors, Investment advisers, Investor protection, PCAOB, Retail investors, SEC, Securities regulation Should Your Company Go Private? [read post]
18 Aug 2022, 9:02 pm by Tori Hawekotte
The guidance also calls for banks to follow a pre-established risk management structure. [read post]
9 Aug 2022, 9:05 pm by Oliver Hart and Luigi Zingales
Fortunately, Institutional Shareholder Services (ISS) has six sets of “specialty” proxy voting guidelines – each geared toward a specific special interest group. [read post]
4 Aug 2022, 5:01 am by Michael McLaughlin, Harvey Rishikof
These could include standards for managed security service providers (MSSPs), managed detection and response (MDR), endpoint detection and response (EDR), firewall solutions, and insider threat detection, among many others. [read post]
  Notably, in light of the widespread adoption by large companies of shareholder special meeting rights, the proposals submitted in 2022 focused on changes to existing special meeting rights, most often seeking to lower the applicable stock ownership threshold and/or eliminate any minimum holding period for satisfying that threshold. [read post]
27 Jul 2022, 10:35 am by Guest Author
The sheer bulk of these tomes is, for Novak, a testament to the democratic promise of the new world that was aborning: Ernst Freund’s Police Power (1904) weighed in at 800 pages; Bruce Wyman’s Special Law Governing Public Service Corporations (1911) at over 1,500 (99, 110). [read post]
22 Jul 2022, 6:30 am
Roe (Harvard Law School), on Monday, July 18, 2022 Tags: Capital allocation, Hedge funds, Investor horizons, Long-Term value, Macroeconomics, Repurchases, Shareholder activism, Short-termism Name That Boon: SEC Proposes Rules on ESG Fund Names & Disclosures Posted by Matt Filosa, William Edwards, and Oliver Parry, Teneo, on Tuesday, July 19, 2022 Tags: Asset management, ESG, Institutional… [read post]
22 Jul 2022, 6:30 am
Roe (Harvard Law School), on Monday, July 18, 2022 Tags: Capital allocation, Hedge funds, Investor horizons, Long-Term value, Macroeconomics, Repurchases, Shareholder activism, Short-termism Name That Boon: SEC Proposes Rules on ESG Fund Names & Disclosures Posted by Matt Filosa, William Edwards, and Oliver Parry, Teneo, on Tuesday, July 19, 2022 Tags: Asset management, ESG, Institutional… [read post]
18 Jul 2022, 2:46 pm by Kevin LaCroix
For example, a  similar claim was brought by members against the Universities Superannuation Scheme (“USS”), the UK’s largest private pension scheme by assets under management, and its directors. [read post]