from Alison Frankel:

N.Y. judge to Wylys: You can’t keep SEC away by declaring bankruptcy

By Alison Frankel
November 5, 2014

Onetime Texas billionaire Sam Wyly and the estate of his late brother Charles just can't seem to outsmart the Securities and Exchange Commission. Their latest attempt to evade the consequences of their allegedly fraudulent offshore trust scheme failed Monday, when U.S. District Judge Shira Scheindlin of Manhattan, in a ruling of first impression in the 2nd U.S. Circuit Court of Appeals, said that the SEC is entitled to freeze the Wylys' assets, even though both Sam and Charles' estate declared Chapter 11 bankruptcy in late October, after the SEC began to take steps to collect the nearly $200 million (plus interest) Scheindlin awarded the agency in September.

from Breakingviews:

Twitter free-speech chirps carry overtone of risk

October 9, 2014

By Reynolds Holding

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Alison Frankel:

Hedge fund’s novel claim: SEC in-house judges are unconstitutional

By Alison Frankel
October 2, 2014

(Reuters) - On Wednesday, the $200 million activist hedge fund Stilwell Value and its founder, Joseph Stilwell, filed a complaint against the Securities and Exchange Commission in federal court in Manhattan. Stilwell's lawyers at Skadden, Arps, Slate, Meagher & Flom and Post & Schell are asking for a declaratory judgment to block the SEC from bringing an administrative proceeding against Stilwell, who has been under investigation since 2012 for interfund lending. According to Stilwell's complaint, if the SEC follows through with its threats to sue him in an administrative proceeding - rather than prosecuting its case against him in federal district court - it will be breaching the U.S. Constitution.

from MuniLand:

A revolution in muniland

By Cate Long
June 23, 2014

Goldman Sachs

In a speech last week at the Economic Club of New York, SEC Chairman Mary Jo White set out three new initiatives that will reorder the way fixed income markets serve retail investors.

from Financial Regulatory Forum:

SEC faces challenges before fast-trading reforms can go on the books

By Guest Contributor
June 13, 2014

By Emmanuel Olaoye, Compliance Complete

The Securities and Exchange Commission has rolled out its intentions to regulate high-frequency trading, making stricter regulation in some form a strong possibility, but the agency faces more work and some challenging obstacles before it can put new rules in the books.

from Breakingviews:

James Hoffa: Let sun shine on corporate donations

By Guest Contributor
May 29, 2014

By James Hoffa
The author is a Reuters Breakingviews guest columnist. The opinions expressed are his own.

from Breakingviews:

Rob Cox: Coke takes fizz out of shareholder spring

April 24, 2014

By Rob Cox
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Financial Regulatory Forum:

Expect corruption crackdown to widen, intensify

By Guest Contributor
April 15, 2014

By Stuart Gittleman, Compliance Complete

NEW YORK, Apr. 15, 2014 (Thomson Reuters Accelus) - Companies and financial firms that are potentially subject to the Foreign Corrupt Practices Act and other anti-corruption regimes should expect more of the enforcement crackdown they have seen in recent years, except in greater quantity and intensity, two former U.S. government officials said last week.

from Financial Regulatory Forum:

The JOBS Act at age two – prodigy or enfant terrible?

By Guest Contributor
April 3, 2014

By Stuart Gittleman, Compliance Complete

NEW YORK, Apr. 3, 2014 (Thomson Reuters Accelus) - The financial services industry is still getting used to the two-year old JOBS Act, as funds gingerly begin to explore new general-solicitation freedoms and "crowdfunding" venues sort through the rules, speakers said at a Fordham Law School forum in New York.

from Financial Regulatory Forum:

Book by high-profile author Lewis may spur high-frequency-trading reform push, success unclear

By Guest Contributor
April 2, 2014

By Emmanuel Olaoye, Compliance Complete

WASHINGTON/NEW YORK, Apr. 2, 2014 (Thomson Reuters Accelus) - During a clip on Sunday night's "60 Minutes" program, host Steve Kroft asked bestselling author Michael Lewis why he was so opposed to high frequency trading.