PDF Email Page Print Friendly Page Contact
securities: publications
Summary Professionals Matters News Events Publications
July 2014 Corporate Alert
Edward B. Stevenson, Daniel A. Etna
Herrick's Corporate Alert touches on new developments in Delaware, New York, New Jersey, and SEC law. Also, check out Herrick Advantage for information on our events.
SEC Scrutinizes Fee and Expense Practices at Private Equity Fund Advisers
May 2014
Irwin M. Latner, Patrick D. Sweeney, Colin Bowes-Carlson
Private Fund Alert
In a recent speech, the director of the SEC's Office of Compliance Inspections and Examinations ("OCIE"), Andrew Bowden, identified key compliance issues facing private equity firms observed by OCIE since it began conducting presence exams of the industry in October 2012.
Court Decision Makes Fund Managers Engaged in Insider Trading Personally Liable for Fund Trading Profits
February 20, 2014
Howard R. Elisofon, Steven D. Feldman
Securities Alert
The cost of insider trading just got more expensive for those who get caught.  In a February 18, 2014 decision by the U.S. Court of Appeals for the Second Circuit, a split appeals court panel found that an individual held liable for civil insider trading while working at an investment fund can be required to disgorge not only the profits he or she individually made by arranging for the winning trades for the fund, but can also be required to personally disgorge all of the profits that the fund reaped as a result of the illegal trades.
SEC Announces Examination Priorities For 2014
January 2014
Irwin M. Latner, Patrick D. Sweeney, Colin Bowes-Carlson
Securities Alert
On January 9, 2014, the Securities and Exchange Commission (the "SEC") published its annual letter announcing examination priorities for 2014 (the "Priorities Letter"). The Priorities Letter, which addresses both industry-wide and area-specific initiatives, aims to provide investment advisers, funds, broker-dealers, and other industry participants with a preview of key risks that the SEC intends to monitor and examine in 2014 through the National Examination Program.
A Refresher on Private Placement Options
July 18, 2013
Richard M. Morris, Regina M. Liang
Law 360
Herrick partner Richard M. Morris and associate Regina Liang co-authored an article in Law 360, highlighting strategies and regulations public companies need to be aware of when considering the use of private placements.
Decimalization Revisited: Does Every Penny Count?
May 24, 2013
Herrick, Feinstein Partner Louis Goldberg authored a Law360 "Expert Analysis" column discussing a study of the decimalization system conducted by the U.S. Securities and Exchange Commission.
Dodd-Frank Wall Street Reform Outline
Irwin M. Latner, Stephen D. Brodie, Patrick D. Sweeney, Julie Albinsky, Jessica D. Wessel
This outline, a briefing on the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, was used during the Fourth Annual Capital Markets Symposium on September 16, 2010.