SEC Ratchets Up Enforcement Against Attorneys in Microcap Space

Introduction Earlier this year, SEC Chairman Jay Clayton fired a warning shot across the bow of practicing securities attorneys: “act responsibly and hold [yourselves] to high standards.” Chairman Clayton specifically called out members of the securities bar advising clients on initial coin offerings (ICOs) that were not being registered with the SEC under the federal

ABA Panel Evaluates the Legacy of the Truth in Lending Act on its 50th Anniversary

May 29, 2018 marked 50 years since the passage of the Truth in Lending Act. The law is considered one of the most important federal consumer protection laws, applies to the vast majority of consumer credit transactions, and is the subject of frequent amendment and regulatory interpretation. For the occasion, the American Bar Association convened

Back On Track: Update on CSX

When last we checked in with our intrepid railroad, legendary railroader E. Hunter Harrison was leading the company through rapid and tumultuous change. Trumpeting his famed ‘Precision Railroading’ and driving CSX’s stock up more than $10B in value, while overseeing rapid consolidation and layoffs, at least shareholders were enjoying the fruits of activist investing. Looming