Block

June 03, 2005 | Law.com

President George W. Bush didn't waste any time in filling the high-profile regulatory post being vacated by William H. Donaldson. At a ceremony Thursday morning in the Roosevelt Room, Bush moved to nominate Rep. Christopher Cox of California to head the Securities and Exchange Commission. Cox has long been an ally of business groups and has voted for legislation to make it more difficult to file investor lawsuits against companies.

By Donna Block and Ron Orol

2 minute read

April 06, 2007 | Law.com

The SEC agreed Wednesday to better coordinate with auditing regulators to refine guidance for complying with the Sarbanes-Oxley Act. Both the SEC and the Public Company Accounting Oversight Board are trying to strike a balance between reducing the costs of regulation and preserving safeguards for investors. The SEC commissioners agreed on four areas of coordination, including aligning the accounting board's proposed new auditing standard with the SEC's guidance for management.

By Donna Block

3 minute read

March 07, 2007 | Law.com

Stock exchanges and electronic trading platforms are contending with a new regime of trading regulations known as Regulation NMS. Aimed at increasing the efficiency and transparency of the stock trading venues, the trading phase of Reg NMS went live Monday. The rules require exchanges and electronic networks to implement procedures designed to prevent so-called trade-throughs -- where a trade is executed at a price lower than a protected quote displayed by another market.

By Donna Block

5 minute read

September 21, 2005 | New York Law Journal

Kenneth M. Block and Jeffrey B. Steiner, members of Brown Raysman Millstein Felder & Steiner, write that if the Terrorism Risk Insurance Act is not extended and the cost of terrorism insurance becomes prohibitive, lenders and borrowers may once again find themselves embroiled in controversy over the question of whether governing loan documents require such insurance.

By Kenneth M. Block and Jeffrey B. Steiner

9 minute read

November 16, 2005 | New York Law Journal

Kenneth M. Block and Jeffrey B. Steiner, members of Brown Raysman Millstein Felder & Steiner, write that a system used to streamline the mortgage process by using electronic commerce to reduce the deluge of paper utilized in various conveyance transactions may be in danger following a pair of recent court rulings.

By Kenneth M. Block and Jeffrey B. Steiner

10 minute read

April 02, 2004 | Law.com

Bucking pressure from corporate lobbyists and lawmakers, the Financial Accounting Standards Board on Wednesday unveiled a proposal that requires companies to expense employee stock options. Critics contend that deducting these costs from corporate profits could damage a firm's bottom line and stock price. Proponents of mandatory options expensing dispute that notion, arguing that better bookkeeping will benefit investors.

By Donna Block

5 minute read

March 09, 2011 | New York Law Journal

In their Construction Law column, Kenneth M. Block and John-Patrick Curran, members of Tannenbaum Helpern Syracuse & Hirschtritt, address the city's new benchmarking and energy audit laws, the process of retrofitting under Leadership in Energy and Environmental Design standards, and incentives and financing available for retrofitting.

By Kenneth M. Block and John-Patrick Curran

12 minute read