A Boom Now, but Hurdles Ahead for Activist Investors: For now, activists are doing well, members of a panel discussion on the topic agreed. Nearly two-thirds of proxy fights are settled, with hedge funds getting at least a seat on corporate boards.
The Financial Accounting Standards Board has decided to make an adjustment on the amount of disclosure information that's provided to clients. The #1 complaint of investors is that the disclosures are too long and in a jargon that the commoner has difficulty following. This change might include making disclosures easier to follow with means investors will gain a better understanding of how their funds are being managed. Some might not like what they read if this happens.
Congress Moves Again to Block Investigation of Congressional Insider Trading. Despite passing a law that bans congressional insider trading, House lawyers are fighting an SEC investigation at every turn.
Zynga CEO Mark Pincus, Other Execs Accused Of Insider Trading
The U.S. government’s wide-ranging insider trading probe of SAC Capital Advisors put more heat on founder Steve Cohen Friday with the arrest of one of the billion-dollar hedge fund’s principal managers.
How Congress Quietly Overhauled Its Insider-Trading Law