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Wiley Rein LLP

“Securities Claim” Exclusion Applied Where Notes Constituted a “Security” as Defined by the Securities Acts

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The United States District Court for the Eastern District of Michigan, applying Michigan law, has held that an exclusion in an investment adviser’s professional liability policy applicable to claims arising from the sale of...more

Robins Kaplan LLP

Financial Daily Dose 3.20.2020 | Top Story: Fed Doubles Down on QE Commitment and Markets Hold Steady for a Change

Robins Kaplan LLP on

The Federal Reserve is adding to its commitment to buy government bonds, announcing on Thursday that it would also buy up $150 billion in Treasury securities—all of which confirms the central bank’s commitment to a return of...more

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