As we continue to span the globe to bring the constant variety of ESG topics, I’m reminded of my favorite part of watching live sports: being part of a crowd. The energy inside the stadium is never more electric than when something great happens for your team….
Remember the Wide World of Sports? Spanning the globe to bring you the constant variety of sport… the thrill of victory… and the agony of defeat… the human drama of athletic competition. I loved it. You never knew exactly which sport you’d be watching when you tuned…
Earlier this week, in Liu v. SEC, the Supreme Court held that the SEC may seek “disgorgement” from a wrongdoer in a civil action, but only to the extent of the net profits from a violation and the award must benefit the victims. Unlike several other recent…
In my last post, I argued that the SEC’s “accredited investor” definition, which prevents investors who make less than $200,000 a year or who are worth less than $1 million from investing in private securities offerings, should be eliminated from our securities laws. Under its current definition,…
The SEC’s “accredited investor” definition bars investors who earn less than $200,000 a year or have a net worth less than $1 million from taking part in private securities offerings. It’s a definition even its mother no longer loves: SEC Commissioner Elad Roisman says it “stands between…