The Clients’ Waiver of Their Rights Under Regulation BI of the Securities and Exchange Commission

TAMAR FRANKEL

BU Law emerita professor Tamar Frankel discusses the Securities and Exchange Commission (SEC)’s Regulation Best Interest (BI), which imposes on broker-dealers a commitment to act in the best interests of their clients. Specifically, Frankel addresses the SEC’s treatment of client waivers of the Regulation BI, which goes even further than general fiduciary law to prohibit any waiver of the broker-dealer’s conflicting interests.

Read More

Republican Attorneys General Ass'n v. Las Vegas Metropolitan Police Department

Citation: 136 Nev. Adv. Op. No. 3

Opinion Date: February 20, 2020

Judge: Stiglich

Areas of Law: Criminal Law, Juvenile Law

The Supreme Court reversed in part the district court's order denying a petition for a writ of mandamus seeking body cam footage and other related records regarding juveniles and then-State Senator Aaron Ford's interaction with the police due to the confidentiality of juvenile justice records, holding that the petition was correctly denied as to all portions of the bodycam footage but that the district court erred in granting the petition as to the other requested records. Officers with the Las Vegas Metropolitan Police Department (LVMPD) arrested numerous juvenile suspects after responding to an incident. Ford, a parent of one of the suspects, arrived at the scene. The Republican Attorneys General Association's (RAGA) requested records from LVMPD related to the incident in accordance with the Nevada Public Records Act. LVMPD refused the request, citing Nev. Rev. Stat. 62H.025 and 62H.030 to justify its assertion of confidentiality. RAGA petitioned for a writ of mandamus. The district court denied the petition. The Supreme Court reversed in part and remanded the case for further proceedings, holding that the district court (1) did not err in finding that all portions of requested bodycam footage contained confidential juvenile justice information; but (2) failed sufficiently to assess whether the other requested records contained any nonconfidential material.