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8 Sep 2022, 9:01 pm by Gary Gensler
Finally, many crypto intermediaries provide lending functions for a return.[19] Make no mistake: If a lending platform is offering and selling securities, it too comes under SEC jurisdiction. [read post]
22 Aug 2022, 9:05 pm by Christine Liu
Finally, my study extends the literature on textual analysis of corporate disclosures in accounting. [read post]
Last week, the CFPB took three actions demonstrating the agency’s continued focus on technology companies and personal financial data protection. [read post]
7 Aug 2022, 11:47 am by Bill Henderson
The best way to understand the patterns and interdependencies of interest rates, currency values, commodities prices, and the creditworthiness of corporations and governments is to assemble and analyze a vast amount of quantitative and qualitative historical data — which is exactly what Bridgewater has done under Dalio. [read post]
1 Aug 2022, 9:38 am by Brian Turetsky
  The FHFA appears to share the CFPB’s concerns that the use of technology in the mortgage industry may present fair lending risk. [read post]
29 Jul 2022, 5:34 am by Brian Turetsky
  The action is notable in that it is the first time the FTC has brought an action under the Military Lending Act (“MLA”). [read post]
25 Jul 2022, 9:01 pm by Gurbir Grewal
EY admitted the facts underlying the SEC’s charges and agreed to pay a $100 million penalty and to undertake extensive remedial measures to fix the firm’s ethical issues.[7] We will continue to take a hard look at gatekeepers to ensure that they are fulfilling their own professional responsibilities and not giving cover to corporations or executives engaged in possible misconduct. [read post]
19 Jul 2022, 2:59 pm by Kevin LaCroix
  Optimistic forward-looking statements will also generally be protected by the Private Securities Litigation Reform Act’s (“Reform Act”) safe harbor for forward-looking statements, provided they are accompanied by sufficiently specific cautionary language.[8] Courts recognize the inherent uncertainty in the FDA approval process and understand that predictions sometimes will prove wrong; the important thing is for companies to make a meaningful effort to help… [read post]
15 Jul 2022, 9:07 am by Holly Brezee
With an interim step of financial sector access, such corporations would likely take steps into the cannabis space (in non-plant-touching ways) generating momentum for additional steps. [read post]
9 Jul 2022, 12:36 pm by Gene Takagi
(Generally, the FSP’s “advisory board members” are not fiduciaries and not bound by such legal duties.) [read post]
5 Jul 2022, 10:32 am by Dan Lopez
These are former journalists, former reporters, policymakers, who are very concerned about declining competition much like the progressives, but who have a very different view of the role of the antitrust laws in terms of an expansive view of the design of the laws to control political power, corporate power and its translation through economic power. [read post]
4 Jul 2022, 6:36 am by Joe Consumer
The common law is where tort law generally comes from. [read post]
2 Jul 2022, 12:22 am by Florian Mueller
Notwithstanding my general reservations concerning the actual impact of class actions on the (mis)conduct of large corporations, this one stands out as a particularly interesting one.The UK decision mentions regulatory investigations and lawsuits around the globe. [read post]
29 Jun 2022, 12:41 pm
The framework convention approach, on the other hand, may succeed by combining shared goals, principles, and general obligations with procedures for negotiation and adoption of supplementary rules, as well as incentives for voluntary adoption of measures. [read post]
27 Jun 2022, 11:25 am by Jonathan Bailey
He used his academic position to lend credibility to a snap judgment about plagiarism of a political opponent. [read post]
The RFIA would also treat DAOs as business entities with a default classification that is not a disregarded entity (practically, this means that such entities would generally be taxed as corporations or as partnerships despite the differences between DAOs and traditional corporations/partnerships). [read post]