In this issue of CFWD we discuss:
- Delaware Chancery Court Clarifies Fiduciary Duties of LLC Managers and their Controlling Affiliates
- District Court Reserves Issue of Whether PSLRA Bars Plaintiff’s RICO Claims
- District Court Grants Summary Judgment for Failure to Show Loss Causation
- FINRA Proposes Rule Governing Personal Securities Transactions of Associated Persons
- CBOE Clarifies Eligible Expiration Date and Exercise Settlement Value for
FLEX Options - CalPERS Issues Hedge Fund “Governance” Memorandum
- SEC Proceedings in Connection With Recommendations to Invest in Bayou
- Senate Mortgage Fraud Bill Amended to Include Proposal for Creation of Financial Markets Commission
- Eighth Circuit Weighs in on Proper Standard of Review Regarding Excessive Fund Advisory Fees
- Banking Agencies Propose Clarifications to Credit Card Rules
- Treasury Clarifies Executive Compensation Treatment of Legacy
Securities PPIFs - Oversight Authorities Raise Concerns on TARP, TALF and PPIP
- FRBNY Posts Updates to TALF Program Terms and Documents
- European Parliament and European Council Approve New Regulation on Credit Rating Agencies