05/09/2011

SEC Needs more than Transaction-Based Compensation to Prove Broker Activity

Alert

A Florida court has rejected the Securities and Exchange Commission’s single-factor transaction-based compensation test for broker activity, perhaps signaling a more favorable view toward “finders” in...

08/04/2010

The Impact of Dodd-Frank on Public Companies

Alert

Haynes and Boone has prepared a summary of significant provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act that may have consequences for public companies and their officers an...

07/28/2009

SEC Approves NYSE Amendments to Eliminate Broker Discretionary Voting in Uncontested Director Elections

Alert

On July 1, 2009, the Securities and Exchange Commission (“SEC”) approved long-awaited amendments to the New York Stock Exchange (“NYSE”) Rule 452 and corresponding Section 402.08 of the Listed Company...

06/25/2009

SEC Administrative Order File No. 3-13524

Publication

In the Matter of Ram Capital Resources, LLC, Michael E. Fein, and Stephen E. Saltzstein. Order Instituting Administrative Cease-and-Desist Proceedings Pursuant to Sections 15(b) and 21C of the Securit...

03/31/2009

FINRA Proposes Rule to Streamline Cases Involving Broker Note Arbitrations

Alert

On March 24, 2009, the Financial Regulatory Industry Authority (FINRA) filed a rule proposal with the SEC to adopt Rule 13806 of the Code of Arbitration Procedure for Industry Disputes (“Industry Code...