http://www.legalweeklaw.com/wpl Use Legalweeklaw RSS Feeds to keep up-to-date with new research on the topics that are most important to you. End to the Sole Corporate Director Regime for UK Companies As of 1 October 2010, all companies incorporated in the United Kingdom will be required to have at least one "natural person" as a director (a human being rather than, for example, a "legal person" such as a corporate body). The aim of this provision is to ensure that an individual can, where appropriate, be held accountable for the actions of a compan http://www.legalweeklaw.com/abstract/sole-corporate-director-regime-uk-companies-5231?utm_campaign=RSS&utm_medium=RSS Congress Enacts Significant New Iran Sanctions Legislation On June 24, 2010, the U.S. Congress adopted new Iran sanctions legislation that broadens and intensifies U.S. sanctions policy against Iran. President Obama is expected to sign the measure into law soon. http://www.legalweeklaw.com/abstract/congress-enacts-significant-iran-sanctions-legislation-5198?utm_campaign=RSS&utm_medium=RSS Ferc Establishes New Restrictions on Non-Jurisdictional Pipelines. In an order responding to a request for approval of a transaction between Arizona Public Service Company (APS) and Sequent Energy Management, L.P. (Sequent), Arizona Public Service Co., 132 FERC ¶ 61,064 (2010), FERC expanded its prohibitions on buy-sell transactions to include not only transportation on open access interstate pipelines, but also transportation by intrastate pipeline operating under Natural Gas Policy Act (NGPA) section 311 and by Hinshaw pipelines providing transportation under blanket certificate http://www.legalweeklaw.com/abstract/ferc-establishes-restrictions-jurisdictional-pipelines-5196?utm_campaign=RSS&utm_medium=RSS Overview and Implications of the Regulatory Reform of OTC Derivatives On July 21, 2010, the President signed into law watershed financial reform legislation titled the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). http://www.legalweeklaw.com/abstract/overview-implications-regulatory-reform-otc-derivatives-5197?utm_campaign=RSS&utm_medium=RSS European Commission adopts first "hybrid" settlement decision The European Commission (Commission) has today announced its first settlement of a cartel case in a so-called "hybrid" scenario, in which all but one company settled the case with the Commission in return for a 10 percent reduction in each of their fines. http://www.legalweeklaw.com/abstract/european-commission-adopts-hybrid-settlement-decision-5098?utm_campaign=RSS&utm_medium=RSS Dodd-Frank Act: Executive Compensation and Corporate Governance Provisions On June 29, 2010, a U.S. House of Representatives and Senate conference committee finalized the text of the financial reform legislation that is now titled the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”). http://www.legalweeklaw.com/abstract/dodd-frank-act-executive-compensation-corporate-governance-provisions-5097?utm_campaign=RSS&utm_medium=RSS Continuous Equity Financing with Forwards: A Practical Solution to Strategic Capital Raising As the financial markets began to emerge from the latest economic crisis, issuers increasingly employed at-the-market continuous equity financing programs to raise capital. http://www.legalweeklaw.com/abstract/continuous-equity-financing-forwards-practical-solution-strategic-capital-raising-5096?utm_campaign=RSS&utm_medium=RSS New SEC Rule Prohibits Pay-to-Play Practices In response to recent criminal and regulatory enforcement actions concerning alleged “pay-to-play” practices in the public pension fund arena, the U.S. Securities and Exchange Commission has approved a new rule (Rule 206(4)-5) promulgated under the Investment Advisers Act of 1940. http://www.legalweeklaw.com/abstract/sec-rule-prohibits-pay-play-practices-5095?utm_campaign=RSS&utm_medium=RSS House Approves Conference Report on Dodd-Frank Wall Street Reform and Consumer Protection Act; Senate to Consider Bill after Independence Day Recess On June 25, 2010, a U.S. House of Representatives and Senate conference committee agreed to the text of the watershed financial reform legislation that is now titled the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”). http://www.legalweeklaw.com/abstract/house-approves-conference-report-dodd-frank-wall-street-reform-consumer-protection-act-senate-consider-independence-day-recess-5090?utm_campaign=RSS&utm_medium=RSS OFT Announces Far-Reaching Investigation into Equity Underwriting and Associated Services The UK Office of Fair Trading (the "OFT") today announced that it will conduct a review of competition in equity underwriting and associated services, and is currently seeking views from interested parties – to be submitted by 9 July – on its proposed scope. http://www.legalweeklaw.com/abstract/oft-announces-reaching-investigation-equity-underwriting-associated-services-5089?utm_campaign=RSS&utm_medium=RSS