Hilarious Skit: Jon Stewart on Dodd Frank's Anniversary
Regardless of your political bent, you will enjoy's last night's 5-minute skit from "The Daily Show with Jon Stewart" that tackles the 1-year anniversary of Dodd-Frank. Jon Oliver is dressed up in a beaten-up costume representing the legislation and sings his answers to Jon's questions about where the rulemakings stand now, etc. Pure comical genius:
Canada's Continuous Disclosure Review Program
Recently, the Canadian securities regulators issued a Staff Notice about how their continuous disclosure review program was faring (see this press release). The CSA (Canadian Securities Administrators) is a council of the securities regulators of Canada's provinces and territories.
I don't know enough about how the Canadian's review program works to compare it to Corp Fin's (both use some sort of risk-based approach), but the Staff Notice is interesting. For starters, note the example disclosures in the appendix - including examples of deficient disclosures! It's rare that a regulator provides example disclosures of any kind (due to fear of one-size-fits-all disclosures, not blessing any particular disclosures in case they prove problematic, etc.) - but it definitely can be helpful to those of us drafting the darn things...
July-August Issue: Deal Lawyers Print Newsletter
This July-August issue of the Deal Lawyers print newsletter was just sent to the printer and includes articles on:
- Tweeting Transactions: Social Media, Business Combinations & the Federal Securities Laws
- The Evolution of Poison Pills
- Advance Notice Bylaws: The Current State of Second Generation Provisions
If you're not yet a subscriber, try a "half-price for rest of '11" no-risk trial to get a non-blurred version of this issue on a complimentary basis.
- Broc Romanek