In this issue:

- Oregon State Court Refuses to Enforce Forum Selection Bylaw

- SEC Announces Pilot Program to Widen Tick Sizes for Smaller Companies

- NFA Issues Notice Setting Effective Date for Risk Exposure Report Filing Through WinJammer

- CFTC Staff Issues Interpretation of Secured Amount Depository Requirements

- Second Circuit Holds Contractual Forum Selection Clause Supersedes FINRA Mandatory Arbitration Rule

- Delaware Court Denies Attorneys’ Fees for Stockholders in Appraisal Proceedings

- SEC Charges Executive With Insider Trading Ahead of Client Announcements

- Financial Conduct Authority Provides Guidance on Its Approach to Attestations for FCA Authorized Firms

- A Reminder About Careful Drafting of Confidentiality Clauses

- Update on Timing and Scope of ESMA Clearing Obligations

- Excerpt from Oregon State Court Refuses to Enforce Forum Selection Bylaw:

In Roberts v. TriQuint Semiconductor, Inc., No. 1402-02441 (Cir. Ct. Or. Aug 14, 2014), an Oregon state court, breaking with state courts in California, Illinois, New York and Texas, held that the bylaw of a Delaware corporation providing for derivative actions and other intra-corporate claims to be litigated exclusively in Delaware was unenforceable. TriQuint’s board adopted the bylaw on the same day that it approved entering into a merger of equals with RF Micro Devices, Inc.

Please see full newsletter below for more information.

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Topics:  Arbitration, Attorney's Fees, CFTC, Compliance, Confidentiality Agreements, ESMA, EU, FCA, FINRA, Forum Selection Clause, Mandatory Arbitration Clauses, NFA, Restrictive Covenants, Risk Management, SEC, Shareholder Litigation, Shareholders, Small Business

Published In: Alternative Dispute Resolution (ADR) Updates, Civil Procedure Updates, General Business Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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