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25 Oct 2020, 3:09 pm by Francis Pileggi
The alleged Perelman scheme Sylebra charges that Ronald Perelman, who owned 39 percent of SGC through his holding company, McAndrews & Forbes, wanted to force Sylebra out and used the tight gaming industry regulations that governed SGC and its subsidiary, Bally Gaming, Inc., to subject Sylebra to a series of trumped-up investigations into its “suitability” as a gaming investor. [read post]
FINRA Rule 2150(a) provides that “[n] member of person associated with a member shall make improper use of a customer’s securities of funds. [read post]
22 Oct 2020, 7:20 am by John Jascob
"Issuers seeking to use the public markets to capitalize their businesses may not evade the registration requirements of the federal securities laws," Littman said.The case is No. 19-cv-5244. [read post]
22 Oct 2020, 7:06 am by Kristian Soltes
Credit union trade groups have long pushed for a data security standard for retailers and others. [read post]
22 Oct 2020, 4:03 am by INFORRM
  Please let us know if there are other cases and jurisdictions which we should be covering. [read post]
20 Oct 2020, 12:00 am by Mark Nieds
Then, once a license is secured, the politician will have to look to see if there are any limits, exclusions or prohibitions against use of the licensed song for political purposes. [read post]
16 Oct 2020, 9:00 am by Kristian Soltes
For example, in some cases, the OBeP process has involved numerous redirects and excessive security measures, such as requiring customers using a PISP to go through two or more Strong Customer Authentication (SCA) processes. [read post]
16 Oct 2020, 4:45 am by Alan Rosca
Three of these member firms are now expelled by FINRA (Benson York Group, INC, Brookville Capital Partners, and Legend Securities, INC.) [read post]
16 Oct 2020, 4:45 am by Alan Rosca
Three of these member firms are now expelled by FINRA (Benson York Group, INC, Brookville Capital Partners, and Legend Securities, INC.) [read post]
16 Oct 2020, 3:08 am by Liz Dunshee
Now that the threat of “cancel culture” is omnipresent, many of us spend a lot of time thinking about how to prevent or respond to current missteps. [read post]
15 Oct 2020, 1:19 pm by Kathleen Scott (US)
In this latest ruling, the court held that social media company Kik Interactive Inc. violated US securities laws when it failed to register its 2017 sale of nearly US$100 million of its digital tokens, called “Kin,” with the Securities and Exchange Commission. [read post]