State Regulators File Suit in D.C. Appeals Court to Halt Reg A+

William Galvin, the Secretary of State for Massachusetts, has brought suit in the D.C. Court of Appeals to try to stop the Securities and Exchange Commission from implementing the Regulation A+ offering rules the agency approved in April and commencing the review of offering statements.

Appetite for Activism Driving Rise in Campaigns

The explosive growth of activist investing and this year’s proxy season has once again fueled debate over the strategy, highlighted by the media’s focus on campaigns bent on forcing big changes at DuPont, Qualcomm, Yum! Brands and other large cap companies.

SEC Approves Two-Year Tick Size Pilot

The Securities and Exchange Commission voted unanimously on May 6 to implement another component of the Jumpstart Our Business Startups (JOBS) Act by approving final rules of the tick size pilot program, including expanding the program’s term from one to two years.

New Stream Capital

New Stream Managers Draw Years of Prison Time for Investor Fraud

A federal judge in the hedge fund capital of the U.S. has finally put some hedge fund managers in jail for crimes committed during the financial crisis. A year after pleading guilty to conspiracy to commit investor fraud, Connecticut hedge fund manager and former A.I.G. trader David A. Bryson, has been sentenced to 33 months in federal prison.