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20 May 2024, 6:26 am by Kevin LaCroix
The steep daily stock price decline on Feb. 21 triggered immediate and numerous notifications of investigations for securities law violations.For example, Block & Leviton LLP announced an investigation noting that Palo Alto Networks’ announcement “[wiped] away tens of billions of dollars of shareholder value. [read post]
10 May 2024, 6:00 am by Michelle
The major companies that provide these so called “pay in four” products, such as Affirm Holdings Inc., Klarna Bank AB and Block Inc. [read post]
15 Apr 2024, 9:01 pm by renholding
Section 1 requires all applicants to be depository institutions that are legally eligible to have master accounts. [read post]
3 Apr 2024, 9:01 pm by renholding
After all, every lawyer here knows what the test is to determine whether a crypto asset was offered and sold as an “investment contract,” and therefore a security: it’s the Howey test.[1] It’s not the “essential ingredients” test,[2] or the Beanie Baby test,[3] or some other test that industry folks might like to create for themselves. [read post]
29 Mar 2024, 4:00 am by Jim Sedor
It is being funded by Make America Great Again Inc., a super PAC that can raise unlimited amounts of money. [read post]
26 Mar 2024, 8:11 am by jeffreynewmanadmin
The Securities and Exchange Commission has issued insider trading charges against Andreas “Andy” Bechtolsheim, the founder and Chief Architect of Silicon Valley-based technology company Arista Networks, Inc. [read post]
23 Mar 2024, 5:31 am by Rob Robinson
Traditional financial metrics often overlook the less tangible, yet equally valuable, benefits of robust data governance—enhanced decision-making, compliance improvements, and reduced risk of data breaches. [read post]
4 Mar 2024, 5:56 pm
The Treasury Department’s criminal-enforcementbureau, the Financial Crimes Enforcement Network (“FinCEN”), issued a final ruleimplementing the CTA on September 29, 2022, slated to go into effect on January1, 2024. 87 Fed. [read post]
3 Mar 2024, 6:52 am by Kevin LaCroix
In addition, this new lawsuit is also the second SPAC-related securities suit to be filed this year (and the 68th overall since January 1, 2021). [read post]
14 Feb 2024, 5:00 am by The Petrie-Flom Center Staff
Of those, eight were filed in response to patent applications submitted by Mind Medicine, Inc. [read post]
13 Feb 2024, 6:00 am by David Kessler (US) and Susan Ross (US)
  Less than two weeks later, on February 1, the FTC announced a complaint and proposed consent order with software licensor and data provider Blackbaud, Inc. [read post]
30 Jan 2024, 9:02 pm by renholding
I dissent from the Commission’s denial of a petition to amend Rule 202.5(e), our so-called gag rule.[1]  This de facto rule follows from the Commission’s enforcement of its policy, adopted in 1972, that it will not “permit a defendant or respondent to consent to a judgment or order that imposes a sanction while denying the allegations in the complaint or order for proceedings. [read post]
8 Jan 2024, 2:02 am by INFORRM
Reuters, Financial Times, BBC, and the Guardian covered the story. [read post]
6 Jan 2024, 6:00 am by Meghan Conroy
”Expert Statement Kellie Carter Jackson (Michael and Denise Kellen ‘68 Associate Professor of Africana Studies, Wellesley College) “Understanding the Historical Context for White Supremacist Violence in America in Tandem with the Events of January 6, 2021”Expert Statement Chicago Project on Security & Threats*Robert Pape (Director, Chicago Project on Security and Threats), Keven Ruby (Senior Research Director, Chicago Project on Security and… [read post]