Re-Post – Web 2.0: Leveraging New Media to Maximize Your Securities & Compliance Practice

On February 17, 2009, Securities Docket is sponsoring a webcast that will look at the numerous ways that securities and compliance counsel and professionals can now use web 2.0 to promote, market, and network themselves, their practices and their firms as never before. Please join Bruce Carton, Editor of Securities Docket, and me for a […]

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Federal Law to Protect Attorney Client Privilege

Senator Arlen Specter of Pennsylvania introduced Senate Bill 445: A bill to provide appropriate protection to attorney-client privileged communications and attorney work product. The bill: “Prohibits federal prosecutors and investigators across the executive branch from requesting or conditioning charging decisions on an organization’s reasonable assertion of attorney-client privilege or decision to pay of attorneys fees […]

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Amendment to Mass. Data Privacy Law

Goodwin Procter has published a client alert describing the amendments to the Massachusetts Data Privacy Law (my posts on this topic). They detail three changes.  First is pushing bck the complaince deadline to January 1, 2010. Second, theyhave lifted some of the contract amendments and certifications from vendors. Third, they clarified the  wireless encryption requirement. […]

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Web 2.0 – Leveraging New Media to Maximize Your Securities & Compliance Practice

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Massachusetts Amends and Extends Its Data Privacy Law

According to this press release from the Massachusetts Office of Consumer Affairs and Business Regulation, they have once again extended the deadline for complying the with the regulations. Now the regulations will take effect Jan. 1, 2010. I have not had a chance to analyze the differences yet, but here are the amended regulations under […]

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The Site is Live

Today, I imported the site from a private blog site to this domain. Check back next year for the blogoversary party! This marks the start of my third year blogging. I started my fist blog, KM Space, on this day in 2007. Image is from Petr Kratochvil at

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More Regulation Needed for Private Investment Funds?

Newedge Group’s Kirby Daley says no.  He explains why the Obama Administration should not necessarily rush to impose stricter regulation of hedge funds in the wake of the Madoff case. See Fox News Video on Securities Docket.

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Morgan Stanley Self-Reports FCPA Violation

In a February 9, 2009, 8-K Filing with the SEC, Morgan Stanley self-reported a violation of the Foreign Corrupt Practices Act: II. In an unrelated matter, Morgan Stanley announced today that it has recently uncovered actions initiated by an employee based in China in an overseas real estate subsidiary that appear to have violated the […]

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FINRA’s Guide to the Internet

FINRA has published a Guide to the Internet for Registered Representatives. It paints a difficult picture for registered representatives wanting to use Web 2.0 tools. FINRA breaks internet activity into five main group for purposes or regulatory requirements: Publicly available Web sites (including banner advertisements, blogs and bulletin boards) are considered advertisements. An email or […]

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SEC Requirements for Online Annual Reports and Proxy Statements

The SEC is trying to move investors further into the internet era with its new regulations on the ability to furnish proxy materials to shareholders by posting them on an Internet Web site and providing shareholders with notice of the electronic availability of the proxy materials. [SEC Release 34-56135] This is amendment to the original […]

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