Regulation & Compliance
Should Tweeting CEOs Be Muzzled or Glorified?
If the CEO of a public company posts good news about the company's booming business on Facebook, does that same CEO have an obligation to post information about a subsequent business decline? The ...
UK’s New Regulators Take Over; FCA Now Responsible For Insurance Sector
In a move that is certainly not an April Fool's Day joke, the Financial Services Authority (FSA), which has been responsible for regulating the UK's financial services industry since 1997, including ...
Former Freddie Mac Executives Lose Bid To Toss SEC Lawsuit
Former Freddie Mac chief executive Richard Syron and two other one-time executives lost their bid to escape a U.S. regulator's lawsuit accusing them of misleading investors about the company's ...
U.S. Insurance Regulators Renew Training Pact with Chinese Regulators
U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about insurance regulatory practices in the U.S. The National ...
Apple-Samsung Case Challenges Sealing of Trade Secrets
A federal appeals court aggressively questioned the scope of the public interest and trade secrets at a hearing on Tuesday over document secrecy in Apple Inc.'s patent litigation against Samsung ...Judge Delays Ruling On SAC’s ‘No Admission’ Settlement With SEC, Pending Citigroup Outcome
A judge on Thursday put off a decision on the U.S. Securities and Exchange Commission's proposed $602 million insider trading settlement with a unit of SAC Capital Advisors hedge fund, potentially ...
Lots Of Room For Improvement In U.S. P/C Industry ERM Capabilities: PwC
PwC's recent survey into enterprise risk management practices in the U.S. insurance industry showed that many companies are taking active steps to develop their ERM frameworks. However, the survey ...
Florida Alleges Fraud by Allianz in Case of Failed Insurer
Florida regulators are alleging that insurer Allianz and its companies contributed to the collapse of a Florida domestic property insurer by taking out more than $20 million in assets and rendering ...