Category: Tamar Frankel

SEC charges fund manager Cooperman with insider trading

Reuters Tamar Frankel, School of Law The top U.S. securities regulator on Wednesday charged billionaire investor Leon Cooperman with insider trading, making him the highest-profile target in years in Washington’s ongoing crackdown on illegal trading at hedge funds… Expert quote: “The Cooperman story of insider trading is a familiar one. There is temptation to use such […]

Inside broker and insurance groups’ move to block the DOL fiduciary rule

Investment News Tamar Frankel, School of Law Professional groups representing the brokerage and insurance industries last week finally broke their silence on the Labor Department’s regulation to raise investment advice standards for retirement accounts by filing a lawsuit that could put the rule in limbo… Expert quote: “My sense is the court will freeze the […]

Obama Retirement-Savings Rule Faces Industry-Led Court Battle

Wall Street Journal (subscription required) Tamar Frankel, School of Law Big business and financial industry trade groups are taking to the courts to block a controversial Obama administration rule shaking up the way Americans receive retirement investment advice, having failed in their long-running fight to stop the regulations in the bureaucracy, or in Congress… Expert […]