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First Circuit’s Reversal of Summary Judgment Clarifies Materiality Standard for Advisory Conflicts

A recent ruling may raise the bar for the Securities and Exchange Commission (SEC) in charging registered investment advisers for omissions of potential conflicts and seeking disgorgement, giving the defense bar additional...more

SEC Issues Proposed 10b5-1 Trading Plan Amendments

On December 15, 2021, the Securities and Exchange Commission proposed amendments to Rule 10b5-1 under the Securities Exchange Act of 1934, which provides a safe harbor and affirmative defense from insider trading for...more

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