Yesterday, in a 9-0 ruling in "Skilling v. U.S.", No. 08-1394, the Supreme Court limited the "honest services" theory of mail- and wire-fraud prosecutions to cases of corporate employees and public officials participating in "bribery and kickback schemes."

The European Commission's Consumer Affairs Commissioner Meglena Kuneva presented a new report on cross-border e-commerce in the EU. The report highlighted that cross-border e-commerce has been slow to develop in the EU.

This week, the European Commission (EC) published its long-awaited new Remedies Notice, explaining its current policies and procedures on merger remedies.

On 13 November 2008, the French Government adopted a sweeping reform of the competition regime in France.

The enforceability of preferential terms granted to certain investors in private funds is often a topic of interest.

A CAB will continue to be subject to the current FINRA by-laws and will be required to be a FINRA member.