SEBI let’s United Stock Exchange go without penalty for having unusually high trading concentration among two members; Says stock exchange not at fault in absence of SEBI prescriptions for trade concentrations; But compensates by separately pulling up errant trading members [Mint]

CIC rules in favor of RTI applicant asking for a man’s passport details; says Section 11, RTI Act does not give third party unrestrained veto to refuse such info; holds such disclosure analogous to disclosing personal information to public authorities under routine enquiries; Former chief CIC says, normally passport info is considered private [TOI]

Dewey & LeBoeuf collapses with two thirds of 300 partners, more added inorganically, leaving the law firm in the last couple of months; poses the question of peril to Indian law firms taking human resource growth as a business challenge [Law et al News]

Slaughter & May sacrifices market share at the altar of culture but sticks to its international referrals-based strategy, even as Herbert Smith, Davis Polk, Freshfields and DLA Piper differ [The Lawyer]