Stroock Special Bulletin
“Anticipating the Regulators: Obama and Congress Give Regulators Their Marching Orders”
It is a new day in Corporate America. Whether it will be a good one for the corporation of interest to you depends largely on whether its board and executives anticipate, or at least pay heed to, the “preparatory commands” that are now being heard. What does that mean? Simple! In military drills, commands are usually given in two parts. The preparatory command serves to warn of what is coming, so that when you hear the second part—the “command of execution”—you will be able to carry it out instantaneously.