‘Exchanges owe us answers’ says IEX as it discloses market data and connectivity costs

Investors Exchange (IEX) has publicly disclosed its costs of producing market data and connectivity, suggesting that incumbent exchanges could be marking up charges for such services by as much as 4,000%.

Major US institutions to rival NYSE and Nasdaq with launch of ‘low-cost’ exchange

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SEC approves controversial transaction fee pilot for stock exchanges

The US securities regulator has approved a controversial pilot scheme that would see major restrictions on pricing across the biggest stock exchanges.

The Securities and Exchange Commission (SEC) unanimously approved the one-year programme, known as the transaction fee pilot, as part of a review of the ‘maker-taker’ trading system, which typically provides a rebate to traders adding liquidity to an order book, with an access fee then charged when liquidity is removed.

US stock exchanges to close on 5 December for Bush day of mourning

Several major stock exchanges have decided to close trading on US markets on 5 December following the passing of former President George H. W. Bush.

What Do the SEC’s Recent Bitcoin Disapproval Orders Really Mean for Investors?

Posted by Wenchi Hu & Vivian A. Maese, Latham & Watkins LLP, on Thursday, April 27, 2017

Cayman Merger Take-Privates from NYSE and NASDAQ—2016 Year in Review

Posted by Gary Smith and Ramona Tudorancea, Loeb Smith, on Sunday, April 9, 2017
Editor's Note: Gary Smith is a Partner and Ramona Tudorancea is a Corporate/M&A Specialist at Loeb Smith. This post is based on a Loeb Smith publication by Mr. Smith and Ms. Tudorancea.

Nasdaq and NYSE Guidance on Equity Plan Amendments Increasing Share Withholding

Posted by David M. Kaplan and Andrew J. Rudolph, Pepper Hamilton LLP, on Friday, December 16, 2016
Editor's Note: David M. Kaplan is partner and co-chair of the Employee Benefits Practice Group and Andrew J. Rudolph is a senior partner at Pepper Hamilton LLP. This post is based on a Pepper publication by Mr. Kaplan and Mr. Rudolph.

Shareholder Approval in M&A

Posted by Tingting Liu, Creighton University, on Tuesday, September 20, 2016
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Frozen Charters

Posted by Scott Hirst, Harvard Law School, on Tuesday, May 17, 2016
Editor's Note:

Scott Hirst is a Lecturer on Law at Harvard Law School, and an Associate Director of the Harvard Law School Program on Corporate Governance. This post is based on his recent article, available here.

The Governance Gap in Fragmented Markets

Posted by Yesha Yadav, Vanderbilt Law School, on Monday, April 25, 2016
Editor's Note:

Yesha Yadav is an Associate Professor of Law of Vanderbilt Law School. This post is based on an article authored by Professor Yadav.