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January 22, 2013
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Legal News in Brief

  Corporate Spotlight 
  • FSOC delays money market action
    The Financial Stability Oversight Council has extended the comment period for money market mutual funds until Feb. 15. The move comes after the Securities and Exchange Commission asked for the extended period in late 2012. The Hill (1/21) LinkedInFacebookTwitterEmail this Story
  • Deutsche Bank exec discusses controversial risk measures
    In this interview, Greg Wood, director of algorithmic execution for listed derivatives and foreign exchange at Deutsche Bank, discusses kill switches and other risk-management measures. "The idea behind risk-management checks that act as 'speed bumps' is to identify whether a client may be overtrading. ... We believe that there should be risk-management checks in every part of the electronic order flow that is practical," Wood said. Wall Street & Technology (1/18) LinkedInFacebookTwitterEmail this Story
  National News 
  Legislative Dispatch 
  Employment Focus 
  • Labor board backs workers who talk shop on social media
    The National Labor Relations Board, in a series of rulings and public statements, has defended the right of employees to discuss work on social media, such as Facebook and Twitter. The U.S. agency says employer policy restricting social media use is illegal if it bars workers from communicating with one another for the purpose of getting better wages, benefits or working conditions. The New York Times (tiered subscription model) (1/21) LinkedInFacebookTwitterEmail this Story
  • Why EEOC guidance on criminal-background checks can be a good thing
    Guidelines from the Equal Employment Opportunity Commission on how employers should conduct criminal-background checks could help companies improve their hires, Will Barada writes. "At first glance, these criteria may seem overwhelming. Upon closer inspection, savvy HR professionals will recognize they can be a roadmap to safe conduct," Barada writes. (1/21) LinkedInFacebookTwitterEmail this Story
  Supreme Court and Federal Court Watch 
  • U.S.-based subsidiaries of Atari seek bankruptcy protection
    Atari's U.S.-based operations have filed for bankruptcy protection. "The Chapter 11 process constitutes the most strategic option for Atari's U.S. operations, as they look to preserve their inherent value and unlock revenue potential unrealized while under the control of Atari SA," according to a statement. The parent company also is undergoing financial difficulty and said it would seek relief under French laws. Bloomberg Businessweek (1/22) LinkedInFacebookTwitterEmail this Story
  Other Legal News 
  • Nontraditional firm looks to add hundreds of lawyers
    Washington, D.C.-based Clearspire, which uses an online platform to connect with clients, plans to hire as many as 100 lawyers annually for the next five years. Clearspire Law keeps its overhead low and outsources certain functions to its sister company, Clearspire Services. "If everyone sticks to what they do well, and firms let businesspeople manage projects and tech people build robust systems, lawyers are liberated to focus on the law," said Clearspire President and CEO Bryce Arrowood. (1/17) LinkedInFacebookTwitterEmail this Story
  Professional and Business Development 
  • Tips to get more efficient, to help you and your boss
    "[M]anagers love efficient workers because they take a huge load off of their backs, make them look good and save the company money in significant and cascading ways," Adria Saracino writes. She suggests ways to improve your efficiency, such as not taking on too many commitments. Brazen Careerist (1/16) LinkedInFacebookTwitterEmail this Story
  • Advice to help you achieve maximum productivity
    If you have a major project that you'd like to get done fast, it's a good idea to let other people know about it, Jeff Haden writes. Not only does this limit the potential for interruptions, it also puts some peer pressure on you to actually get the work done. "When you take a break don't watch a little TV or check your social media feeds," he writes. "You definitely need breaks, but every break you take should reinforce your sense of activity and accomplishment." Inc. online (free registration)/Owners' Manual blog (1/14) LinkedInFacebookTwitterEmail this Story
  PLI News 
  • Checked Out the Top 5 Lately?
    If you're feeling overwhelmed by the sheer amount of news and commentary out there in the corporate and securities world, we're here to lighten your load. Twice a month on the Securities Law Practice Center, we scour the blogosphere to find the best corporate and securities posts around, which we pass along with easy-to-read summaries and links. Check it out today to see what you've been missing. LinkedInFacebookTwitterEmail this Story
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American comedian, actor and writer

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