TOP NEWS
GenapSys Can't Claw Back Some Docs From Paul Hastings
By Craig Clough
A California judge ruled that GenapSys Inc. can claw back some documents it inadvertently released during discovery in a legal malpractice suit against Paul Hastings LLP, but that some documents discussed during depositions cannot be clawed back because attorneys for GenapSys did not lodge proper objections during the proceedings.
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POLICY & REGULATION
SEC Grants Short-Selling Disclosure Reprieve, CAT Relief
By Tom Zanki & Katryna Perera
The U.S. Securities and Exchange Commission is providing a temporary exemption in order to allow investment managers more time to comply with new rules requiring increased disclosure on short selling, and separately said it will no longer require certain personally identifiable information to be reported to the market database known as the Consolidated Audit Trail.
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