SECURITIES REGULATION 
By:
Kimberly Atkins
Published: June 28, 2010
Tags: Sarbanes-Oxley, securities law
A portion of the Sarbanes-Oxley Act violates the Constitution’s Appointments Clause because it limits the president’s ability to remove members of the Public Company Accounting Oversight Board.
U.S. Supreme Court. Free Enterprise Fund v. Public Company Accounting Oversight Bd., No. 08-861. June 28, 2010. Lawyers USA No. 993-2056.
Bill would allow investor “scheme liability” civil suits 
By:
Kimberly Atkins
Published: August 5, 2009
Tags: scheme liability, securities law
WASHINGTON – Sen. Arlen Specter, D-Pa., has introduced legislation that would allow civil suits to broaden the number of actors that may be sued for securities law violations.
SUBSCRIBERS: Did you receive the new Lawyers USA Weekly Update in your inbox on Monday?
If not, click here to register and learn more now.