Davis Polk – Enforcement Division “Share Class Selection Disclosure Initiative” offers “favorable” settlement terms to advisers who self-report potential violations concerning Rule 12b-1 fees. Over the past several years, the Commission’s Office of Compliance Inspections and Examinations has placed an enhanced focus on identifying situations in which an adviser does not adequately disclose that it

Clifford Chance – Thomas Vinje Clifford Chance has published its fifth edition of its Global Antitrust Trends report bringing its unique mix of legal, economic and regulatory expertise to identify themes impacting domestic and international businesses. Antitrust challenges are growing across the world. Over 130 jurisdictions now have antitrust laws, and that number continues to

Robinson + Cole – By 2036, unmanned aerial systems (UAS or drones) will represent a $30 billion industry according to a new report released by the Aerospace Industries Association (AIA) and Avascent, “Think Bigger: Large Unmanned Systems and the Next Major Shift in Aviation.” Specifically, the report says that cargo and passenger service will represent