Daily Archives: October 21, 2013, 8:45 am

More About the D&O Insurance Implications of the SEC’s New Admissions Wrongdoing Requirements — The D & O Diary

Numerous questions surround the SEC’s new policy requiring enforcement action defendants in “egregious” cases to admit to wrongdoing in order to settle with the agency, rather than simply agreeing to neither admit nor deny the agency’s allegations. As I discussed in a prior post (here), among the questions is the issue of what the impact from these kinds of admissions…

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The war against ‘insider trading 2.0’ – FT.com

In 2009, Samantha Bee, one of the cast members on The Daily Show, the satirical US television programme, said that “if I know about a stock’s activity the day before, it’s called insider trading. But if I know about a stock’s activity one second before, it’s called high-frequency trading.” Now, however, Eric Schneiderman, the New York attorney-general, is waging war…

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