Performance-Based Compensation and Corporate Responsibility
Ballard Spahr attorneys Kathy Jaffari and Kaleena Laputka discuss performance-based compensation
Finance
Broker-Dealer Recordkeeping Requirements
Broker-dealers take heed: Benjamin McCoy (LAW ’12) and colleagues provide an overview of the touchstone recordkeeping requirements
SEC Embraces its New Enforcement Weapon: Anti-Money Laundering and Reporting Requirements Under the Bank Secrecy Act
SEC wields its new enforcement weapon under the Bank Secrecy Act, notes Peter D. Hardy and colleagues
FinTech – The CFTC’s Silver Bullet?
Technology-focused investigations are in the CFTC’s future, predicts Peter Isajiw (LAW ’02) and colleagues
Alternative Data and Credit Scores: Will it Trigger CFPB Enforcement?
Leonard A. Bernstein (LAW ‘83) and colleagues discuss the CFPB and the utilization of alternative data to develop credit scores
New York Revises Proposed Cybersecurity Regulations, Pushes Back Effective Date
Laura Schmidt (LAW ’14) and Jay Shapiro highlight how New York’s proposed cybersecurity regulations balance minimum standards with industry concerns.
Financial Weapons of War
A new type of warfare is upon us. In this new mode of war, finance is the most powerful weapon, bullets are not fired, financial institutions are the targets, and almost everyone is at risk. Instead of smart bombs, improvised explosives, and unmanned drones––economic sanctions, financial restrictions, and cyber programs are the weapons of choice.
Incentive Compensation Under the Regulatory Spotlight
Six U.S. federal financial regulatory agencies[1] in May 2016 revised and re-proposed rules that were originally proposed in 2011, to govern the incentive compensation practices at financial institutions with consolidated assets of at least $1 billion (covered institutions). The proposed rules include new – and more stringent – requirements, especially for the largest institutions. The rules
Commercial Litigation Finance: An Industry After Philly’s Own Heart
I became fascinated with commercial litigation finance for one reason: I love a good underdog story. But the more I learned about this burgeoning industry, where law and finance intersect, the more I discovered that litigation finance firms do a whole lot more than just help plaintiffs punch above their weight in commercial bouts. Commercial
Mind the GAAP: Seeking Transparency Through Disclosure Again
There has been a resurgence of concern about the misuse of financial measures and key performance indicators not based on generally accepted accounting principles (GAAP). Late last year, the Chair of the Securities Exchange Commission (SEC), Mary Jo White, addressed the 2015 National Conference of the American Institute of Certified Public Accountants (AICPA). She noted