Your Daily Dose of Financial News

Robins Kaplan LLP

So, about that all-important succession plan at Disney . . .  – NYTimes and WSJ

Acting SEC head, Commissioner Michael Piwowar, revealed yesterday that the Commission would revisit a 2015 rule calling for companies disclose the pay gap between chief executives and their employees – WSJ and Law360

Meanwhile, the EU is weighing in on the global ramifications of the administration’s plans to decimate Dodd-Frank – Law360

Measuring growth according to GDP.  It’s how we’ve always done it, but here’s an interesting argument that the transition to an online services-based economy may  mean that we’re underestimating growth by as much as 2 percent annually – NYTimes

The red lights are blinking like crazy for Eddie Lampert’s ill-fated turnaround efforts at Sears, and the double whammy of rising costs to insure the retailer’s bonds and a tumbling stock price isn’t making things any easier – WSJ

Think Uber’s content to rule just the roads? Ha. Where they’re going, they don’t need roadsBloomberg

A running scorecard on top brokers and their response to the DOL fiduciary rule implementation – WSJ

Some late changes to the executive order supposedly delaying the rule [stress on supposedly] likely won’t help bring about uniformity – Law360

And why private equity is the likely beneficiary of any delay or killing of the rule – The Intercept

I have a three-hour flight with three kids under six coming up this summer.  Surely that’s gotta be a close second to Qatar Airways’ record-setting non-stop from Doha and Auckland, NZ – Bloomberg

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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