BNA INSIGHTS: SEC Proposes Consolidated Audit Trail

On May 26, 2010, the Securities and Exchange Commission (the “SEC”) proposed to require the Financial Industry Regulatory Authority and…

House-Senate Financial Reform Conferees Agree on Hedge Fund Adviser Registration, Rating Agency Provisions

Conferees June 15-17 made some progress on the broad financial reform legislation, agreeing to provisions that would impact hedge…

Supreme Court Takes on Class Suit Against Zicam Maker; Materiality in Issue

The U.S. Supreme Court June 14 agreed to review a federal appeals court decision reinstating class securities fraud charges against…

BNA INSIGHTS: Governance of Enterprise Security: Carnegie Mellon CyLab 2010 Report

Today, the fiduciary duty directors and officers have to protect the assets of their organizations extends to digital assets, and has been…

Senate Panel Passes Bill to Ban Web Credit ‘Data Pass’ Leading to Unauthorized Sales

The Senate Commerce, Science, and Transportation Committee June 9 approved a bill that would ban online firms from passing a purchaser’s credit…

Supreme Court Rules City’s Search of Police Officer’s Text Messages Not Privacy Breach

A California city did not violate a police officer’s Fourth Amendment privacy rights by reviewing personal text messages he…

Federal Energy Regulatory Commission Seeks Comments on Proposed Rule to Allocate Electricity Transmission Costs

The Federal Energy Regulatory Commission is taking comments on a proposed rule issued June 17 that is designed to resolve conflicts over…