A new report by NERA Economic Consulting titled “SEC Settlement Trends: 2H12 Update” details trends in recent Commission enforcement settlements. For the last fiscal year the top ten settlements range from the $285 million Citigroup Global Markets, Inc., which is …
Month: January 2013
Will Morrison End the Debate Over PRC Based Audit Work Papers?
In Morrison v. National Australia Bank Ltd., 136 S.Ct. 2869 (2010) the Supreme Court held that Exchange Act Section 10(b) only reaches to the water’s edge, the Section has no extraterritorial reach beyond the shores of the United States. Since …
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