In This Issue:
*SEC/CORPORATE
..SEC Issues New Interpretations on Executive Compensation
*LITIGATION
..Delaware Chancery Court Rules on Use of Poison Pills
..Shareholder Claims of Federal Securities Fraud Survive CEO’s Motion to Dismiss
*BROKER DEALER
..Bankruptcy Judge Makes Important Ruling Impacting Madoff Investors
..FINRA Issues Annual Exam Priorities Letter
*PRIVATE INVESTMENT FUNDS
..Connecticut General Assembly Re-proposes Transparency and Disclosure Bill
*INVESTMENT COMPANIES AND INVESTMENT ADVISERS
..Custody Rule Changes to Become Effective
*BANKING
..Federal Agencies Issue Guidance Regarding the Bank Secrecy Act and Beneficial Ownership
*EXECUTIVE COMPENSATION AND ERISA
..Treasury, IRS Issue Proposed Regulations and Guidance Addressing FBAR Reporting Requirements for Retirement Plans
..COBRA Subsidy Extended Through March
*EU DEVELOPMENTS
..CESR Publishes European Short Selling Disclosure Regime
*INTERNATIONAL DEVELOPMENTS
..IOSCO Publishes Template for Hedge Fund Data Collection
Please see full publication below for more information.