February 7, 2013

Reactions to New SEC Chair Mary Jo White

In the wake of Mary Jo White being nominated as the new SEC Chair, here are some reactions:

DealBook’s “How Mary Jo White’s Connections Could Complicate Her SEC Job
Rolling Stone’s “Choice of Mary Jo White to Head SEC Puts Fox In Charge of Hen House
Rolling Stone’s “New SEC Chief Mary Jo White Thinks the Government Should Bring Cases – ‘To A Point’
WSJ’s “SEC Nominee Has History as Corporate Friend and Foe
WSJ’s “SEC Nominee Signals Shift”
WSJ’s “Tangle of Ties Binds SEC’s Top Ranks
Time’s “What (If Anything) Can Fix the SEC?”
Bloomberg’s “Tough-as-Nails Prosecutor White to Tackle SEC Policy Battles”
Investment News’ “SEC pick signals change of pace
NY Times’ “Making Them Pay (and Confess)”

Meanwhile, CNBC has been running a series called “Crime & Punishment: Inside the SEC.” I haven’t seen it. Has anyone?

This article predicts that even a smooth Senate confirmation process for Chair-nominee White might not take place til March…

Transcript: “The Litigation Explosion in Executive Compensation”

In talking to one of my law firm friends, it sounds like quite a few in-house counsel didn’t wake up to the new wave of executive compensation litigation until this WSJ article came out yesterday. Tell your friends to stop relying on the WSJ for news in their field and start reading this blog (or the daily blogs I post on’s “The Advisors’ Blog” – or the Borges and Melbinger blogs on that site)! And the past two issues of The Corporate Counsel have covered this topic too. Good grief, the proxy season is half over already.

Anyways, I have posted the transcript for our recent webcast:”The Litigation Explosion in Executive Compensation.”

Judges Needed for Fordham Securities Law Moot Court Competition

Each spring, Fordham Law School hosts the Kaufman Memorial Securities Law Moot Court Competition, which has a rich tradition of bringing together complex securities law issues, talented student advocates and top legal minds. This year’s Kaufman Competition will take place on March 22-24, with a focus this time around on two issues that arise in the fallout of Ponzi schemes: application of SLUSA, which was recently granted cert by the Supreme Court and whether the “stockbroker safe harbor” of the Bankruptcy Code applies to Ponzi operators.

They are currently soliciting folks to judge oral argument rounds and grade competition briefs. No securities law experience is required to participate and CLE credit is available – here is contact information to participate.

– Broc Romanek