Broker-Dealer Recordkeeping Requirements
Broker-dealers take heed: Benjamin McCoy (LAW ’12) and colleagues provide an overview of the touchstone recordkeeping requirements
Securities
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
Applying the Look-Through Rules in Determining ‘Investment Partnership’ Status Under Section 721(b)
Tax Time: Thomas D. Phelan (LAW ‘11) outlines how to apply the Look-Through Rules in Determining ‘Investment Partnership’ Status Under Section 721(b)
Volkswagen and Global Forum Shopping
Professor Pamela Bookman highlights the global impact of the Volkswagen lawsuit on forum shopping
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
New GASB Statements: Considerations and Best Practices for Public Pension Fiduciaries
Since the economic crisis, public finance commentators have urged caution in light of the troubles facing Detroit or Puerto Rico. Recent changes in accounting rules for public pensions have raised concerns about risks for managers of those pensions under federal securities laws. The Government Accounting Standards Board (GASB) sets accounting standards for public pensions. It