In this issue;
- SEC Issues New C&DI on Description of Say-on-Pay Advisory Vote on Proxy Card and Voting Instruction Form
- Treasury Form SHC and Private Fund Advisers
- SEC Revises the "Qualified Client" Standards for Registered Investment Advisers
- Court Addresses Challenges to Adequacy of Lead Plaintiff in Consolidated Class Action
- Agencies Issue Final Rules On Summary of Benefits for Health Plans and Insurance Coverage Under PPACA
- Deadline to Request Review Under the Independent Foreclosure Review Extended to July 31
- Agencies Issue Guidance on Junior Lien Loan Loss Allowances
- OCC Announces Reduction of Printing and Mailing
- Some European Short Selling Restrictions Lifted
- OFT Indicates Possible Bank Competition Investigation
- Former Corporate Broking Managing Director Fined £350,000 for Inside Information Disclosure
An excerpt from "Former Corporate Broking Managing Director Fined £350,000 for Inside Information Disclosure"
On February 16, following on from the disciplinary actions against David Einhorn, Greenlight Capital, Alexander Ten-Holter and Caspar Agnew reported in the January 27, 2012 and February 3, 2012 editions of Corporate and Financial Weekly Digest, the UK Financial Services Authority (FSA) published a further final notice and announced that it had imposed a fine of £350,000 (approximately $550,000) on Andrew Osborne, a former Corporate Broking Managing Director of a major investment bank, for engaging in market abuse by improperly disclosing inside information ahead of a significant equity fundraising by Punch Taverns Plc (Punch) in June 2009.
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