Purpose – The purpose of this paper is to analyze a recent US Securities and Exchange Commission order dismissing an administrative proceeding against the former general counsel of a broker‐dealer relating to his purported failure to supervise a registered representative....

Purpose – The purpose of this paper is to explain and interpret the Securities and Exchange Commission's (SEC's) recently announced charges against 23 firms for violation of short selling restrictions set out in Rule 105 under Regulation M of the Securities Exchange Act of 1934....

This is an analysis of the December 2001 interpretive release concerning the soft‐dollar “safe harbor” under 28(e) of the Securities Exchange Act of 1934. The article examines the interpretation as it applies to asset managers in connection with the allocation of brokerage on a “soft...