Journal of Investment Compliance: Volume 9 Issue 4

International initiatives in market regulation: the storm before the calm?

Chuck Grieve, Simon Gleeson, Simon Crown

The purpose of this paper is to analyze causes and regulators' responses to the current international financial market crisis.

Pitfalls for non‐US financial institutions undertaking business in the US

Chuck Grieve, Tim Plews, Thomas Pax, Robert Houck

The purpose of this paper is to illustrate the regulatory challenges that financial institutions around the world face in entering the US market.

SEC holds round‐table on fair value accounting and auditing standards

Thomas J. Friedmann, Anthony H. Zacharski, Margaret A. Bancroft, Roger Mulvihill, Susan A. Reading, Robert J. Williams, Alan Rosenblat

The purpose of this paper is to summarize and analyze the SEC's July 9, 2008 roundtable discussion regarding fair value accounting and auditing standards.

SEC provides guidance regarding use of company web sites to disclose information for investors

Laurence S. Lese, Azim Chowdhury

The purpose of this paper is to summarize and analyze SEC guidance to companies and issuers of securities on the use of company web sites to disclose information to investors, as…

SEC proposes mandatory use of XBRL tagging of financial statements

Peter J. Romeo, Richard J. Parrino, Julie A. Bell

The purpose of this paper is to explain the SEC's proposal to require domestic and foreign public companies that prepare their financial statements in accordance with US GAAP to…

SEC proposes guidelines for directors overseeing mutual fund portfolio trading

Bibb L. Strench

This paper aims to provide an update on the mutual fund industry about new brokerage review responsibilities for directors of mutual funds.

SEC staff highlights areas of focus in broker‐dealer, investment adviser and investment company exams

Margaret R. Blake

The purpose of this paper is to summarize and comment on a July 22, 2008 SEC ComplianceAlert letter, which summarizes findings from recent compliance examinations by the SEC…

President's working group committee reports weigh in on side letters

Lior J. Ohayon, Terisa H. Lee

The purpose of this paper is to analyze disclosure issues relating to side letters between funds and individual investors or groups of investors, as discussed in recent reports by…

CFTC Reauthorization Act of 2008 enacted into law

Susan C. Ervin, Philip T. Hinkle, Brendan C. Fox, Alan Rosenblat

The purpose of this paper is to summarize key provisions of the CFTC Reauthorization Act of 2008 which reauthorizes the Commodity Futures Trading Commission (CFTC) through the…

Pleading scienter after Tellabs in Section 10(b) cases generally and in the “subprime” context

Caryn Jacobs, Jeffrey M. Strauss, John J. Tharp, Katherine Agonis

The purpose of this paper is to examine the impact the US Supreme Court's Tellabs decision has had on Section 10 (b) cases generally and on cases related to subprime…

Removal of class actions filed in state court alleging federal securities law violations

Caryn Jacobs, Jeffrey M. Strauss, John J. Tharp, Katherine Agonis

The purpose of this paper is to survey the landscape of recent federal securities class actions filed in state court and explore arguments for removal of those cases to federal…

Summary of selected FINRA regulatory notices, July‐August 2008

Henry A. Davis

The purpose of this paper is to provide excerpts of selected Financial Industry Regulatory Authority (FINRA) Regulatory Notes issued in July and August 2008.

Note from the publisher

Vicky Williams

Editor column

Henry A. Davis