The future of key regulations and the landscape of regulatory law could dramatically change. Kennyhertz Perry Partner Braden Perry recently spoke with insurancenewsnet.com regarding potential changes to regulatory regimes under a Trump Administration. Regarding the DOL fiduciary and overtime rules and generally the CFPB, Perry stated: “Frankly, anyone prognosticating what Donald Trump will do with many Dodd-Frank
J. Christopher Giancarlo, a Republican Commissioner of the CFTC, and potentially the next leader of the Commission hasn’t hesitated to dissent from fellow commissioners. That is the sentiment of Kennyhertz Perry partner Braden Perry said in a recent National Law Journal article. Perry, a former CFTC Senior Trial Attorney stated, “He’s been more of a pro-industry commissioner as opposed to some of the other commissioners who have pursued with vigor the Dodd-Frank consumer-protection provisions.”
Dodd-Frank has created numerous rules and regulations within the CFTC in recent year and, Perry said, “[y]ou might see some of the rules and regulations that are under consideration or have been already approved be rolled back under Giancarlo’s leadership.”
Perry, as part of Kennyhertz Perry’s Commodities, Futures, and Derivatives practice group, advises clients on a wide range of commodities and derivatives regulatory matters, and works with companies on compliance with the complex laws and regulations governing the securities and derivatives industries.
To view the entire article, please visit NationalLawJournal.com.
Kennyhertz Perry Partner Braden Perry was featured in Bluelock’s recent whitepaper, discussing the importance of a cybersecurity and disaster recovery plans. Perry said, “In the event of a malicious attack, a company should have systems in place to keep operational or at least backups where the company is not affected or very slightly affected. In the event of a total disruption of the business, it is too late to mitigate and you will likely see dramatic costs to the business, especially small or mid-sized businesses. Being proactive rather than reactive is the key.”
Perry’s comments not only show the importance of a proactive plan, but a disaster recovery procedure if a disruption of business occurs. As a member of the Kennyhertz Perry’s Privacy, Cybersecurity, and Breach Management practice group, Perry assists clients in prevention, developing robust information security programs, including administering internal compliance and risk assessments, which include the development and implementation of corporate policies and procedures required for compliance with state and federal privacy and security laws, and information security best practices; information security policies; records retention and management policies.
Kennyhertz Perry partner Braden Perry talked to Reuters regarding the CME’s new rules, including the change in fines. The owner of the Chicago Board of Trade, New York Mercantile Exchange and other markets is preparing to increase the top monetary penalty to $5 million per offense from $1 million starting on Dec. 14, according to
Kennyhertz Perry partner Braden Perry was contacted by NCRSilver.com to discuss the Consumer Review Fairness Act of 2016 (the “Act”), also known as the “Yelp Law.” Perry commented that “the FTC will be the main watchdog in this area and will likely draft guidance and rules on the details regarding these prohibitions and the extent companies can
The Commodity Futures Trading Commission (CFTC) released its annual 2016 CFTC enforcement results. Here is a list of “high-impact” cases: • Two first-of-their kind actions charging employees of companies with misappropriating and trading using material non-public information in breach of their duties to hold such information confidential. This trading, done to benefit the defendants’ personal
United Kingdom, 2016 – Investor Review Magazine have announced the winners of the 2016 Fund Elite Awards, and have named Kennyhertz Perry, LLC “Best Securities Law Firm.”
The health of the fund industry is a true test of the overall health of the financial markets, and despite strong challenges over the past 12 months the sector has been growing steadily.
Therefore, we have created the 2016 Fund Elite Awards to showcase the talent, dedication and experience of those behind some of the greatest funds in the market, which have overcome many obstacles to achieve strong returns for investors despite the market struggles.
Kennyhertz Perry Partner Braden Perry was recently interviewed by Ragan.com about the timely issue of email discretion. Perry, a cybersecurity attorney who trains companies in email usage and emerging technological topics, provided the following advice: Communicate what you need to communicate, and only that. Leave sarcasm and jokes for the water cooler.
“You should always think that any email you write could be published on page one for all to read,” he says. “Ask yourself: Is it necessary to write? Or can I call and provide the same information?”
As a former federal enforcement attorney, Perry knows the dangers of errant emails. Frequently, an email would be the smoking gun necessary for prosecution.
Kennyhertz Perry partner Braden Perry spoke with TechTarget recently regarding the importance of cybersecurity experts on your Board. “Many boards are filled with very sophisticated business people who are not sophisticated in areas of information technology and security. Information security has become a real issue and a void most boards have,” Perry said. As a
Kennyhertz Perry partner Braden Perry was contacted recently by FedScoop.com to discuss the actions of MedSec Holdings, a cybersecurity firm who privately performed security penetration tests on St. Jude Medical’s devices, but then proceeded to partner with a short-seller rather than directly notify the medical device maker. “This disrupted the market and potentially put people at harm by
Investor Review Magazine have announced the winners of the 2016 Single Manager Awards and have named Kennyhertz Perry as the Best Securities Law Firm.
As diversification becomes the investment industry watchword many single manager funds are being overlooked, despite the numerous advantages including reduced fees, elimination of netting risk and the focus on specific investments or strategies, which can be useful for those looking to invest exclusively in one type of product eg. ethical investments.
In today’s complex litigation, the need for a financial or regulatory expert is becoming increasing more frequent. Former CFTC Senior Trial Attorney Braden Perry and former Kansas Securities Commissioner Marc Wilson have both been retained as an expert witnesses in the area of commodity and securities regulation. Mr. Perry has the unique tripartite experience of
