SEC Reporting & Enforcement Update

January 13, 2010

On Jan. 13, McGuireWoods’ SEC practice held an informative meeting regarding updates on case law, proposals and other changes in the securities regulatory environment. Topics included:

  • An explanation of the SEC’s recently adopted changes to the proxy rules, which expand disclosures related to directors and nominees, compensation consultants, the board’s leadership structure and risk oversight role and the relationship of compensation policies and practices to risk management. LaTisha O. Chatman, Norfolk
  • Discussion of the SEC civil action against billionaire Raj Rajaratnam and his New York-based hedge fund advisory firm Galleon Management LP. Allison D. Charney, New York
  • An overview of current legislative reform proposals relating to securities. Terry Haines and David H. Pankey, Washington, DC
  • An introduction to the London AIM market. Mehboob R. Dossa, London

David H. Pankey, SEC Practice Chair, moderated the meeting.

Media downloads:

  • Multimedia presentation (WMV)
  • Slideshows (PDF) The Wall Street Reform and Consumer Protection Act of 2009 HR 4173 an Overview of Selected Securities Aspects SEC v. Galleon Management, 09-CV-8811 (S.D.N.Y. 2009) Hedge Funds Are No Longer Immune to Insider Trading Enforcement Actions Enhancing Proxy Disclosures SEC Releases Nos. 33-9089; 34-61175 and IC-29092 Introduction to the London AIM Market
  • The Wall Street Reform and Consumer Protection Act of 2009 HR 4173 an Overview of Selected Securities Aspects
  • SEC v. Galleon Management, 09-CV-8811 (S.D.N.Y. 2009) Hedge Funds Are No Longer Immune to Insider Trading Enforcement Actions
  • Enhancing Proxy Disclosures SEC Releases Nos. 33-9089; 34-61175 and IC-29092
  • Introduction to the London AIM Market