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11 May 2022, 6:37 am
Although the SEC’s proposal made clear that asset-backed securities issuers are not covered by the proposed rules, the SEC indicated that it is continuing to consider whether and how to apply this type of regulation to asset-backed securities issuers. [read post]
11 May 2022, 6:37 am
Although the SEC’s proposal made clear that asset-backed securities issuers are not covered by the proposed rules, the SEC indicated that it is continuing to consider whether and how to apply this type of regulation to asset-backed securities issuers. [read post]
23 Mar 2010, 2:18 pm by Adam Levitin
  Now all of this gets back to the question of what is a fair price, and on some level, the outcome of an asset sale is the market and shows what is fair. [read post]
23 Jul 2010, 5:57 am by Broc Romanek
By the terms of this no-action letter, "the Division will not recommend enforcement action to the Commission if an asset-backed issuer as defined in Item 1101 of Regulation AB omits the ratings disclosure required by Item 1103(a)(9) and 1120 of Regulation AB from a prospectus that is part of a registration statement relating to an offering of asset-backed securities. [read post]
4 Mar 2022, 9:22 am by Silver Law Group
Securities accounts may also be protected from firm insolvency by the Securities Investor Protection Corporation (SIPC) should your broker become insolvent. [read post]
3 Jan 2010, 4:55 am by Sam E. Antar
SEC Division of Corporation Finance discovers previously undisclosed overpayment error In responding to questions from the SEC Division of Corporation Finance, Overstock.com disclosed that in February 2009 the company learned it overpaid a fulfillment partner $785,000 during 2008. [read post]
11 Dec 2007, 8:50 am
Looking back on the trail of missteps of credit quality assignment, it is little wonder the market had very little liquidity in trading, even when times were good, thanks to the complexity of the subprime securities and the varying ratings that agencies assigned to them. [read post]
31 Dec 2021, 5:26 am
Posted by the Harvard Law School Forum on Corporate Governance, on Friday, December 31, 2021 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of December 24–30, 2021 U.S. [read post]
18 Sep 2008, 4:41 pm
  As the ripples of economic consequences created by the corporate greed that drove the reckless business risks undertaken expand, it is clear that ultimate accountability of the involved corporate leaders is imperative. [read post]
17 May 2012, 9:46 pm
Baker who is charging bank officers and directors with waste of corporate assets, breach of fiduciary duty, and unjust enrichment, is seeking unspecified damages from the bank officers and directors. [read post]
3 Aug 2009, 9:38 am
Buying back $800 million of auction-rate securities at par is equal to more than 4% of the company's total assets and 42% of its shareholder equity. [read post]
30 Jan 2024, 10:30 am by Sherica Celine
Explore developments covering Generative AI in discovery, data security, and intellectual property. [read post]
21 Aug 2018, 2:36 pm by Kevin LaCroix
If the shareholder succeeds, the shareholder provisionally has the right to pursue the claim, but the corporation can take back this right if it forms an SLC composed of highly independent directors who can conclude that the claim lacks merit or its pursuit is not in the corporation’s interest. [read post]
26 Aug 2018, 2:04 pm by Kevin LaCroix
  Just the same, it probably is worth it every now and then to go back and remember that the potential liabilities for corporate executives include the possibility of criminal liability. [read post]
25 Mar 2020, 6:16 am by Renae Lloyd
The company, through its subsidiaries, reportedly invests in a portfolio of mortgage assets, including residential mortgage loans, agency and non-agency residential mortgage-backed securities, agency mortgage-backed securities secured by pools of commercial mortgage loans, commercial mortgage loans, and other real estate related securities. [read post]
18 Jan 2010, 1:32 am by Kevin LaCroix
  Second, in the first 2010 instance of the belated lawsuit filing phenomenon, on January 15, 2010, plaintiffs’ lawyers filed a securities class action lawsuit against Stryker Corporation and certain of its officers and executives. [read post]
17 Sep 2008, 12:28 am
  Markham, who was prescient indeed, says: "Brokerages have pledged to shrink their exposure to SIVs [Structured Investment Vehicles] and tacitly pledged to support money market funds' values in the event that the mortgage-backed securities in which they are invested go belly-up. [read post]
24 Dec 2021, 6:26 am
Securities and Exchange Commission, on Friday, December 17, 2021 Tags: Inside information, Insider trading, Misconduct, Rule 10b-5-1, SEC, SEC enforcement, SEC rulemaking, Securities enforcement, Securities regulation 2021 CPA-Zicklin Index of Corporate Political Disclosure and Accountability Posted by Bruce F. [read post]
4 Mar 2021, 11:50 am by Stephen Honig
Google ICS-CERT to learn about defense to “unguarded back doors. [read post]