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SECURITIES REGULATION (access required)

By: Kimberly Atkins
Published: June 28, 2010

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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 (access required)

By: Kimberly Atkins
Published: August 5, 2009

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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.

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