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March 12, 2013
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Legal News in Brief

  Corporate Spotlight 
  • SEC nominee White emphasizes need to understand HFT
    In testimony prepared for a confirmation hearing, Mary Jo White, nominated to head the Securities and Exchange Commission, highlights a need to better understand high-frequency trading, as well as a need for strict enforcement. "There must be a sense of urgency brought to addressing these issues to understand their impact on investors and the quality of our markets so that the appropriate regulatory responses can be made," White says in reference to HFT. She also says an aggressive enforcement policy "is not only the right thing to do, but it also will serve to deter the sharp and unlawful practices of others." Bloomberg (3/11), Reuters (3/11), The Washington Post (3/11) LinkedInFacebookTwitterEmail this Story
  National News 
  Legislative Dispatch 
  Employment Focus 
  • Companies attempt to invalidate NLRB decisions
    Several companies, as they attempt to challenge the National Labor Relations Board's rulings, have cited an appeals court decision that found President Barack Obama's appointments to the board were unconstitutional. The large number of challenges related to the court's decision is causing delays for the NLRB, according to Lafe Solomon, acting general counsel for the agency. The Wall Street Journal (3/8) LinkedInFacebookTwitterEmail this Story
  Supreme Court and Federal Court Watch 
  • Judge grants class-action status to AIG shareholders in bailout suit
    A federal judge has granted class-action status to two groups of American International Group shareholders in a lawsuit brought by Maurice "Hank" Greenberg, AIG's former CEO. Greenberg's Starr International alleges that the U.S. ran afoul of the Constitution during the bailout of AIG. Reuters (3/11) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • 10 ways to handle manipulators
    Some of your co-workers will try to use fake sympathy or intimidation to manipulate you, executive coach Joyce E.A. Russell writes. Limit your interactions with these people as much as possible, and find a confidante to share your misgivings with. "When you first start defending yourself against a manipulator, they'll try harder to control you. Remember this and stay firm, don't get defensive and don't take the bait if they push you," Russell writes. The Washington Post (3/8) LinkedInFacebookTwitterEmail this Story
  • The danger of social networking
    Mixing your professional and personal lives on social media can enhance your likability, but oversharing can make you seem less competent, according to a study by three business school professors. One of the major pitfalls of social media is that people don't actually see how others are reacting to their posts, which makes it harder for people to recognize when they're breaching the boundaries of professionalism. MediaPost Communications (3/8) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • Stay on Top of Changing Privacy and Data Security Requirements in an Increasingly Interconnected World
    Proskauer on Privacy: A Guide to Privacy and Data Security Law in the Information Age provides essential details on how to develop compliance programs that help a business satisfy federal and state standards; ensure data privacy and security; prevent cybercrime; and help entities avoid fines, penalties, litigation, damages and negative publicity. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
We are all worms. But I do believe that I am a glow-worm."
--Winston Churchill,
British prime minister


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