Academic

SEC Seeks Comments on Proxy System
As part of the SEC?s examination of corporate governance reform, the Commission unanimously voted today to issue a concept release seeking public comments for the next 90 days on the U...

FINRA Outlines Regulatory Priorities To Protect Investors
Recently, Richard Ketchum, The Chairman and CEO of FINRA (the Financial Industry Regulatory Authority), discussed how FINRA seeks to protect investors from fraud and other wrongdoing...

FINRA Warnings: Shouldnt There Be a Rule
The September 24 ,2009 warning by FINRA about leveraged and inverse ETFs was a bit annoying. If FINRA has to warn about it, should not there be new suitability rulemaking to go with it aimed at these products? Even the explanation by FINRA of what these products are lacks clarity for the people FINRA is [...

FINRA Issues Guidance on Unregistered Resales
FINRA Issues Guidance on Unregistered Resales Recently, FINRA issued Regulatory Notice 09-05, entitled “Unregistered Resales of Restricted Securities.” This notice seeks to remind FINRA members of their obligations, when they are participating in an unregistered sale of securities, to determine...

Reps With Promissory Note Claims Defenses And Counterclaims Should Be Aware Of Their Options Under Newly Revised FINRA Arbitration Procedures
FINRA has just amended its rules regarding disposition of promissory note claims that are filed in arbitration. According to a FINRA release, FINRA is amending its Code of Arbitration Procedure for Industry Disputes to establish new procedures for administering cases...

FINRA Proposes Rule 5122 on Private Placements Issued by Members
The Financial Industry Regulation Authority (FINRA) formerly known as the National Association of Securities Dealers (NASD) filed a proposal rule with the SEC under Section 19(b)(1) of the Securities Exchange Act of 1934...

The Mortgage Forgiveness Debt Relief Act
Phantom Income Relief on Debt Cancellation

Collection Agencies and Creditors
How to deal and stop the harassment

Bankruptcy Law
A complete prime (pre-2005)

The Paulson Toxic Mortgage Debt Security Act: The Biggest Government Bailout of All Time
Legislative Proprosal for Treasury Authority to Purchase Mortgage-related Assets

Emergency Economic Stabilization Act of 2008
Bailout Bill HR124

Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act

Creditor Debt
Trophy Resources agrees to $600,000 debt settlement.

Hayes Bicycle Group
Recalls Quick-Release Devices

Canadian Government
seeks new law enabling them to search your laptop

TVA Coal Ash
Class Action Seeks $5 Million in Damages

$8 Million from Rezulin Class Action
Will Go to Medical Research

Fidelity Management & Research Company
401k / ERISA Stock Fraud