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U.S. District Judge Richard M. Berman lifted the four-game suspension on New England Patriots quarterback Tom Brady pursuant to Section 301 of the Labor Management Relations Act, 29 U.S.C. 185, and Section 10 of the Federal Arbitration Act, 9 U.S.C. 10. Judge Berman cited Kaplan v. Alfred Dunhill of London, Inc.: The deference due an arbitrator [by the courts] does not extend so far as to require a district court to countenance, much less confirm, an award obtained without the requisites of fairness or due process. Regarding the specifics of the NFL's due process, Judge Berman found that NFL

In a new report, IOSCO summarized the progress made by 25 jurisdictions in adopting legislation, regulation and other policies that implement IOSCO's 2012 incentive alignment recommendations for securitization. The new report was undertaken in response to a September 2013 request from G20 Leaders that IOSCO conduct a peer review on the implementation of incentive alignment regimes, including risk retention requirements. The report covers three Incentive Alignment Recommendations that were covered previously in the 2012 report titled Global Developments in Securitisation Regulations. The report

Economists studying the impact of Title IV of the Dodd-Frank Act concluded that it has had a negative effect on the performance of the private funds industry. In a study titled Did the Dodd-Frank Act Impact Private Fund Performance? - Evidence from 2010-2015, University of St. Thomas School of Law Associate Professor Wulf A. Kaal, University of Modena and Reggio Emilia Professor of Economics Barbara Luppi, and EBS University of Law Chair of Financial Econometrics and Asset Management Sandra Paterlini assessed Title IV of the Dodd-Frank Act by analyzing five years' performance data for private

The SEC approved a rule change requiring FINRA members to report transactions in TRACE-eligible securities that are subject to dissemination "as soon as practicable" pursuant to FINRA Rule 6730. The SEC order approving the rule change was published in the Federal Register. The proposed rule change specifies that members are expected to report transactions in TRACE-Eligible Securities that are subject to dissemination "as soon as practicable," but no later than 15 minutes following the time of execution. FINRA stated that it will announce the effective date of the proposed rule change in a