Section Newsletter Articles on Dodd-Frank Act
Proposed “Bad Actor” exclusion to Rule 506 offerings
Business and Securities Law
, July 2011
On May 27, 2011, the Securities and Exchange Commission released a proposed rule which would disqualify an entity from using the Rule 506 private offering safe-harbor if the entity or a “covered person” associated with the entity is or was involved in specified violations of securities laws, securities administrators or other regulatory entities.
Insurance provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act
, May 2011
There are two primary initiatives in Title V of the Act: the establishment of the Federal Insurance Office within the Treasury Department and the streamlining of regulation by the states so as to give primacy to the regulation by the home state of nonadmitted insurers, surplus lines insurers, and reinsurers in many situations.