Compliance Archive

The general counsel of a UK-based digital marketing communications company has created a professional oath he hopes will be taken by senior in-house legal and compliance officials around the world. The general counsel oath is analogous to the Hippocratic Oath doctors take at the beginning of their career and is suggested for existing and incoming general counsel or individuals in roles such as chief legal officer, legal ...

Chinese companies listed in the US are facing a range of serious regulatory challenges right now. Not only has the US government taken a hostile position toward China in general, but a series of actions – by the Trump administration, Congress and Nasdaq – over the summer may also soon force them to make some difficult decisions with respect to their US listings. China-based accounting firms that audit US-listed companies have long refused to allow the PCAOB to i...

– The SEC started investigating trading activity at Kodak last week, following a temporary 2,190 percent increase in the company’s share price, the Wall Street Journal reported. Trading volume increased to eight times the average level the day before the company announced it had received a $765 million government loan to make dr...

The SEC’s proposal to significantly change the thresholds for investors required to submit 13F filings has drawn the ire of issuers and investors. The SEC unveiled its proposed rule change on July 10. It would change the minimum reporting threshold from $100 million in US equities under management to $3.5 billion. Under the current rules – which haven’t been updated since their adopt...