December 20, 2011

SEC Enforcement’s “Leveraging the Media” Strategy

As most of us in the securities law community know, the SEC tends to bring cases that target celebrities if they can because of their limited resources. The media boost by bringing these types of cases serve to help deter potential fraudsters – so it’s a good thing. Hence, this recent insider trading case against a former Red Sox baseball player – and this pump and dump case against “Rudy” Ruettinger, a former Notre Dame football walk-on and the subject of the movie “Rudy.” In his new “Cady Bar the Door Blog,” David Smyth of Brooks Pierce analyzes the latter in an entry entitled “Oh, Rudy….” And then today the SEC charged a former NFL player in a pumping scheme…

House Financial Services to Hold Hearing on SEC Settlement Practices

As noted in this press release, the Republican and Democratic leaders of the House Financial Services committee are planning a hearing on the SEC’s practice of settling cases without requiring defendants to admit or deny guilt. No date has been selected yet…

Mailed: November-December Issue of “The Corporate Executive”

We just mailed the November-December Issue of The Corporate Executive and it includes pieces on:

– Understanding the ISS Burn Rate Policy
– Tax Complexities in Diluted EPS Calculations
– Section 6039 Returns–Lessons Learned
– Rule 144 Gift Compliance Letters

Act Now: Get this issue for free when you try a 2012 No-Risk Trial today.

– Broc Romanek