In this issue of CFWD we discuss:

  • Delaware Supreme Court Affirms Ovitz Decision, Provides Guidance on Duty of Good Faith
  • SEC Chairman Cox Again Addresses Backdating of Stock Options
  • SEC Close to Naming New Chairman of Public Company Accounting Oversight Board
  • SEC Issues No-Action Letter on Principal Trading by Investment Adviser
  • Chicago Board Options Exchange Proposes to List and Trade Options on Corporate Debt Securities
  • NYSE Announces Trading in New Product -- Ipath Exchange-Traded Notes
  • OTS Preempts the Field with Respect to Gift Cards
  • Banking Agencies Issue Host State Loan-to-Deposit Ratios
  • No Antitrust Liability for Use of Vertical Restraints to Deter Counterfeiting
  • Claim Alleging Fraudulent Scheme to Secure Loan May Proceed