Securities Law 
RBI may act in second half of 2012: Mehraboon Irani, Nirmal Bang Securities – Economic Times
ET Now: How would you position yourself then in defensives right now? Mehraboon Irani: If you ask me, frankly these are the type of stocks which will give you super returns right from the time the markets were at 21000 … Continue reading
Notice of Filing Securities Class Action Against Orrstown Financial Services, Inc., Orrstown Bank, and Certain of Their Officers and Directors – Yahoo Finance
Snoke, John S. Ward, and Joel R. Zullinger (collectively “Defendants”). The action was brought against Defendants for violations of the Securities Act of 1933 and the Securities and Exchange Act of 1934. The complaint alleges that the Offering …
Advice from FINRA on new suitability rule – Reuters
The process for brokers to comply with the new suitability rule could be a prelude to a fiduciary regulation that the U.S. Securities and Exchange Commission is considering. The SEC’s rule, if proposed and adopted, would require brokers to act … Continue reading
Kuwait Market Regulator Sets June 30 for Investment Law – Bloomberg
Kuwait’s Capital Markets Authority said investment funds have until the end of June to comply with a law regarding ownership of securities. The CMA “gives notice to all licensed persons of the need to settle funds investing in securities …
Boreal Water Collection Inc. Has Granted and Licensed Exclusive Master Bottling Rights to Dowser, LLC of Newburgh, NY for Its Leisure Time 3, 5, and 6 Gallon Refillable Containers – msnbc.com
Safe Harbor: Statements about the Company’s future expectations and all other statements in this press release other than historical facts, are ‘forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the …
ASC reaches illegal insider trading settlement with Edward Twanow – Yahoo Finance
The ASC is the regulatory agency responsible for administering the province’s securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect investors. As a member of the Canadian Securities …
FACEBOOK A : The Securities Arbitration Law Firm of Klayman & Toskes Launches In.. – 4-traders (press release)
The Securities Arbitration Law Firm of Klayman & Toskes, P.A. (“K&T”) (http://www.nasd-law.com) announced today that it is investigating potential claims on behalf of Facebook, Inc. (NasdaqGS: FB) investors who sustained losses in their Fidelity …
Investment Crowdfunding Moves Closer to Launch – Marketwatch
Mr. Ellenoff and Ms. Williams are part of the NY law firm of Ellenoff, Grossman & Schole, www.EGSLLP.com , specializing in securities law with an emphasis on investment crowdfunding. “The team did a great job of formulating the industry’s top … Continue reading
SEC Sustains Another Black Eye With One-Year Suspension of Former Director Barasch – Forbes
including Stanford Group Company (“SGC”), had violated the federal securities laws in connection with the sale of Stanford International Bank (“SIB”) purported “certificates of deposit.” SIDE BAR: On March 6, 2012, Robert Allen …
Allied Nevada Announces Closing of Senior Notes Offering for Effective Principal Amount of US$400.4 Million and an Effective Interest Rate of 8.375% per Annum – msnbc.com
The Notes were offered in the United States only to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “U.S. Securities Act”), and outside the United States pursuant to Regulation S under the … Continue reading
