In This Issue:

- National Security’s Business Impacts

- Why Netflix Shouldn’t Back Down

- Class Certification

- The SEC Gets Its Groove Back

- The Story Of Fragrances

- NACD Boardvision

- Blogs

- Excerpt from Why Netflix Shouldn’t Back Down

Under Chairman Mary Schapiro, the U.S. Securities and Exchange Commission (SEC) has done a Herculean job of moving from what was becoming an increasingly irrelevant and antiquated government agency to one that is again an essential element of our body capital. All indications are that Elisse Walter will continue the Commission’s transition into the 21st Century unabated.

But when it comes to social media, Regulation FD, and what constitutes a “public” disclosure, it’s hard to see the SEC as anything but a typewriter-driven bureaucracy. There’s a very good chance that the courts will scold the Commission’s Luddite views if their case against Netflix ever goes to trial.

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