Publications
The Activist Investing Annual Review 2016
Activist Insight
January 26, 2016
The Activist Investing Annual Review 2016, published by Activist Insight in association with Schulte Roth & Zabel, analyzes statistics on campaigns, details emerging trends, profiles key players in the activism market and offers predictions. Partners and co-chairs of the firm’s global shareholder activism practice Marc Weingarten and Eleazer Klein, as well as London-based corporate and funds partner Jim McNally, contributed expert analyses to the review. Also included is an interview with partner Michael E. Swartz, who advises on proxy litigation handled by the firm. In addition to foreseeing increases in debt-based activism as well as an interest in mergers and acquisitions across the board, the review analyzes the factors that contributed to the continued rise of shareholder activism in 2015, and includes interviews, insights and the annual “Activist Top Ten” list that ranks activists by the impact they made in the past year.
As counsel on many of the highest-profile activist matters in recent years, the firm has unparalleled experience in the applicable corporate laws, securities laws and proxy rules on both sides of the Atlantic. We advise activists and “occasional activists,” as well as companies, boards of directors and shareholders, on a wide variety of corporate governance and control issues and activist and defensive strategies, from behind-the-scenes long-term partnerships with management to proxy contests and consent solicitations.
For more information, please view our press release.
To visit the firm’s Shareholder Activism Resource Center, please click here.
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Alerts
On June 28, 2024, the US Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a notice of proposed rulemaking that would amend existing anti-money laundering/countering the financing of terrorism (“AML/CFT”) program[1] regulations to require that financial institutions establish, implement and maintain effective, risk-based and reasonably designed AML/CFT programs with certain minimum components, including a mandatory risk assessment process (hereinafter, “Proposed Rule”).[2] For purposes of the Proposed Rule, “financial institutions” include: banks; broker dealers; mutual funds; futures commission merchants (“FCMs”) and introducing brokers in commodities (“IB-Cs”); insurance companies; money services businesses (“MSBs”); casinos and card clubs; dealers in precious metals, precious stones or jewels; operators of credit card systems; loan or finance companies; and housing government sponsored enterprises.[3] In addition to establishing minimum risk assessment requirements for these AML/CFT programs, the Proposed Rule would require that financial institutions document each component of their AML/CFT programs and make this documentation available to FinCEN or its designee, which can include the appropriate agency to which FinCEN has delegated examination authority,[4] or the appropriate SRO.[5] The Proposed Rule would also require that these AML/CFT programs be approved and overseen by the financial institution’s board of directors or, if the financial institution does not have a board of directors, an equivalent governing body.
Alerts
On June 28, 2024, the US Department of the Treasury’s Financial Crimes Enforcement Network (“FinCEN”) issued a notice of proposed rulemaking that would amend existing anti-money laundering/countering the financing of terrorism (“AML/CFT”) program[1] regulations to require that financial institutions establish, implement and maintain effective, risk-based and reasonably designed AML/CFT programs with certain minimum components, including a mandatory risk assessment process (hereinafter, “Proposed Rule”).[2] For purposes of the Proposed Rule, “financial institutions” include: banks; broker dealers; mutual funds; futures commission merchants (“FCMs”) and introducing brokers in commodities (“IB-Cs”); insurance companies; money services businesses (“MSBs”); casinos and card clubs; dealers in precious metals, precious stones or jewels; operators of credit card systems; loan or finance companies; and housing government sponsored enterprises.[3] In addition to establishing minimum risk assessment requirements for these AML/CFT programs, the Proposed Rule would require that financial institutions document each component of their AML/CFT programs and make this documentation available to FinCEN or its designee, which can include the appropriate agency to which FinCEN has delegated examination authority,[4] or the appropriate SRO.[5] The Proposed Rule would also require that these AML/CFT programs be approved and overseen by the financial institution’s board of directors or, if the financial institution does not have a board of directors, an equivalent governing body.