03/24/2020
The Families First Coronavirus Response Act requires employers with less than 500 employees to provide 10 days paid sick leave plus paid FMLA leave for COVID-19-related reasons. We outline the ways employers can immediately take advantage of this change.
03/24/2020
New York extends statutes of limitations and deadlines in New York State litigations in unprecedented move.
03/23/2020
Also last week, the UK FCA (Financial Conduct Authority) signalled it will give temporary relief on rules requiring bankers and traders working from home to record calls with clients.
03/22/2020
The guidance relates to all business done at annual meetings, including election of directors and amendments to equity incentive plans.
03/20/2020
To that end, Leader McConnell announced the formation of three republican task forces to examine major aspects of any economic relief legislation and draft a bill that can then be negotiated with Senate democrats and the House.
03/20/2020
The four Industry Letters issued by the NYDFS are directed to various regulated entities and require responses regarding the entities’ prospective responses to COVID-19.
03/19/2020
We haven’t heard anything definitive yet on providing an exception to these IRS rules as part of any relief program during the coronavirus pandemic.
03/18/2020
However, HSBC allegedly did consider several financial factors in determining the representatives’ compensation, including how much clients paid in advisory fees for HSBC Spectrum and Managed Portfolio Account.
03/18/2020
The survey results from 69 partner-level investors found that 38% have no confidence in the federal government’s ability to contain the outbreak
03/18/2020
The Federal Reserve announced facilities for commercial paper and primary dealers on Tuesday, as well as another big repo facility, but the Fed is also expected to do more to stave off a financial crisis.
03/18/2020
Losses stem from derivative bets by China-owned Pandion fund
03/18/2020
Criminal charges also were brought against him by the U.S. Attorney's Office for the Eastern District of North Carolina based on the same misconduct, as well as Peters' providing false information to SEC staff.
03/18/2020
This will attract a substantial number of sophisticated financial professionals into the South Florida business community, and will substantially increase economic activity here.
03/17/2020
Faces a maximum of 85 years in jail
03/17/2020
On March 12, 2020, the SEC adopted rule changes to exempt certain smaller issuers from the auditor attestation requirement under Section 404(b) of the Sarbanes-Oxley Act of 2002. This alert provides an overview of these changes.
03/17/2020
In canceling the $15 million bonus from last year, awarding him no bonus for last year and no severance on top of that, it’s a stark sign that the board apparently came to view Sloan as part of the problem.
03/16/2020
It’s an unprecedented situation with a large proportion of the global workforce now working from home in an attempt to delay and contain the virus.
03/16/2020
The system was overwhelmed by unprecedented volume, one person said.
03/13/2020
A bipartisan bill introduced Thursday would allow public sector employees, including K-12 teachers, to add lower-cost investment trusts to their retirement portfolios.
03/13/2020
JPMorgan Seeks TRO Against In-Bank Broker Now at Merrill Lynch
Reached at his Merrill office in Baton Rouge, Berry referred requests for comment to Merrill officials.