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Dodd-Frank 30 Day Countdown: Day 9

insights Dodd-Frank 30 Day Countdown: Day 9 Robin Powers · July 7, 2011

Firms Oppose FDIC Claw Back Provision On Wednesday (July 6, 2011), the Federal Deposit Insurance Corp. (FDIC) voted on a rule allowing the government to recover payments from both senior executives and directors who the FDIC determines to be “substantially responsible” for a financial firm’s failure. This rule, known as the “claw back provision,” is…

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Dodd-Frank 30 Day Countdown: Day 10

insights Dodd-Frank 30 Day Countdown: Day 10 Robin Powers · July 6, 2011

Dodd-Frank’s Impact on Private Equity Firms – Limited Private Fund Exemption For hedge funds and private equity firms, anxiety over the new regulations brought by Dodd-Frank pivots on Title VII and a simple dilemma: new paperwork to be done and no one to do it. However, there is a loophole. Dodd-Frank expands the requirements on…

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Dodd-Frank 30 Day Countdown: Day 11

insights Dodd-Frank 30 Day Countdown: Day 11 Robin Powers · July 5, 2011

Will SEC, CFTC Budget Cuts Impede Dodd-Frank? It was not shocking to hear that both the SEC and the CFTC would have to extend their rulemaking deadlines, as their newly found responsibilities stemming from Dodd-Frank are certainly burdensome. It would have been nearly impossible for both agencies to cooperatively define key terms relating to the…

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Dodd-Frank 30 Day Countdown: Day 12

insights Dodd-Frank 30 Day Countdown: Day 12 Robin Powers · July 4, 2011

Fireworks over Dodd-Frank As the United States celebrates her birthday amidst the financial reform that is Dodd-Frank, many people both at home and abroad are unhappy with the legislation and its potential repercussions. http://www.bloomberg.com/news/2011-06-27/fed-s-hoenig-sees-economic-danger-in-big-financial-companies.html http://www.huffingtonpost.com/2011/06/28/dodd-frank-fail-hoenig_n_885900.html http://www.efinancialnews.com/story/2011-06-29/amf-jouyet-dodd-frank-emir-europe-us?mod=sectionheadlines-IB-AM http://www.cnbc.com/id/43318967/Geithner_Triggers_Asian_Backlash_on_Regulation

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Dodd-Frank 30 Day Countdown: Day 13

insights Dodd-Frank 30 Day Countdown: Day 13 Robin Powers · July 3, 2011

SEC Re-defines Family Office With the enactment of Dodd-Frank comes the end of the exemption historically granted to family offices under the Investment Advisers Act of 1940.  In the past, investors with fewer than 15 clients could take advantage of the Act’s “private adviser exemption.”  But with Dodd-Frank eliminating this exclusion, family offices are no…

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Dodd-Frank 30 Day Countdown: Day 14

insights Dodd-Frank 30 Day Countdown: Day 14 Robin Powers · July 2, 2011

SEC Finalizes Whistleblowing Rules With all the Securities and Exchange Commission (SEC) has on its plate, one may wonder why the whistleblower provisions of the Dodd-Frank Act were one of the first to be finalized. These provisions will become effective August 12, 2011. The whistleblower provisions are perhaps the most interesting aspect of the Dodd-Frank…

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Dodd-Frank 30 Day Countdown: Day 15

insights Dodd-Frank 30 Day Countdown: Day 15 Robin Powers · July 1, 2011

Definition of “Commodity Pool” Expanded July 16 The CFTC is proposing to grant temporary relief from certain provisions of Dodd-Frank that will delay the requirement that a person register as a commodity trading advisor (“CTA”), for those persons whose  advice regarding commodity interests involves swaps, or commodity pool operator (“CPO”), for those persons who operate…

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Alternative Fee Arrangements

insights Alternative Fee Arrangements Michael Moradzadeh · June 30, 2011

The most radical changes in law firm billing which have occurred during the last two years has been the advent of value billing Alternative Fee Arrangements (“AFA’s). These billing arrangements are aimed at destroying or at least seriously maiming the invidious hourly billing process, which creates economic incentives for inefficiency. The hourly rate may be…

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Dodd-Frank 30 Day Countdown: Day 16

insights Dodd-Frank 30 Day Countdown: Day 16 Robin Powers · June 30, 2011

Brazil and Argentina lead South America in Derivatives Regulation In the midst of the sweeping global financial reform, U.S. regulators could look to Brazil for some guidance on the derivatives market. The Brazilian monetary authorities regulate and supervise the financial sector tightly and have always adopted a very restrictive approach in the derivatives market.   Brazil…

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Does Pandora’s Lukewarm IPO Foreshadow Groupon’s Fate?

insights June 30, 2011

After filing for an IPO in Februrary, 2011, streaming music company Pandora went public on June 15, 2011 with little fanfare.  In contrast to LinkedIn which went public last month with a soaring valuation, Pandora’s valuation has been largely as expected.  Off the heels of LinkedIn, this could be seen as disappointing. Here is a…

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