Corporate and Financial Weekly Digest - June 4, 2010


In This Issue:


..SEC Chairman Issues Statement on GAAP-IFRS Convergence Project


..SEC Approves Amendments to Trade Reporting Requirements for Restricted Equity Securities and Revisions to OTC Equity Security Definition


..Carried Interest Legislation Passes House


..District Court Denies Motion to Dismiss in Options Backdating Action

..Claims Concerning Food Packaging Allowed to Proceed


..Unlawful Internet Gambling Enforcement Act of 2006 Examination Procedures


..FSA Fines and Bans Commodity Broker

..FSA Insider Dealing Prosecution Fails


..CESR Publishes European Short Selling Technical Details

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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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