Today the National Association of Corporate Directors/New England and the Massachusetts Business Roundtable presented a panel program about making Massachusetts the leader in hosting businesses that support climate sustainability. Globe business reporter Jon Chesto chaired the meeting. The accepted assumption … Continue reading
Stephen Honig
Some investment advisers provide service only over the internet. Until now they filed ADVs (disclosure of their practice) with the SEC but did not need to register with the SEC. Until now they could advise only over the internet except … Continue reading
Bose Corporation, a Boston area iconic company that has for decades manufactured top-of-the-line audio delivery systems, is a private entity whose stockholders do not seem to care about the value of their stock. That is because there is no market … Continue reading
Today the SEC adopted sweeping disclosure requirements by which public companies over the next few years will compel detailed recitation of two kinds of climate information: what the company emits directly and indirectly, and what risk it fears from climate … Continue reading
I was struck today by the flow of news that continually pours over my desk from myriad sources, including from the NYTimes, the legal press, several data services, the SEC, as well as thinking from my clients who are investors … Continue reading
The SEC has pending a proposed regulation, anticipated for adoption before the end of this year, requiring brokers and advisers to remove data analytics which would put the firm’s interests before the interests of investors. Separately, while speaking this week … Continue reading
The US economy in 2023 was not really soft, but it was perceived as such and market valuations of enterprises held by PE funds were depressed. PE Fund refrained from cashing out their investments, hoping that values would rise in … Continue reading
The Sarbanes Oxley Act provides that the Federal Government can grant payment to individuals who report illegal actions in connection with securities offerings, and where the government finds that in fact illegal actions occurred. The statute is often invoked to … Continue reading
Last week the SEC promulgated two new rules which are of great impact on large-scale securities investors and the firms that advise them. The below merely touches certain highlights and, I must emphasize, as with all things posted here, does … Continue reading
Yesterday I posted briefly about AI and promised to avoid the blitz of AI posts to this site (there were so many AI articles posted prior to the New Year). My thought was that now there are so many sources … Continue reading