Week in Review

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FAA increases inspections for American Airlines, Judge Rakoff rejects SEC settlement, Facebook settles with FTC over privacy violations, and more.

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  • The 2011 UN Climate Change Conference began this week in Durban, South Africa, to discuss international progress in addressing greenhouse gas emissions.
  • The European Commission proposed a regulation requiring publicly traded companies to split auditing and consulting services and for auditors to increase transparency of their auditing processes.
  • Enrique Peña Nieto, who formally declared his candidacy for the President of Mexico this week, has proposed addressing economic growth concerns by allowing private investment in the national oil monopoly, Pemex.