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29 Mar 2023, 9:01 pm by renholding
We discussed CIRCIA in a prior Debevoise Data Blog post, and the Strategy’s emphasis on improved standards follows the trend of regulators providing rules for certain sensitive regulated industries such as financial services, banking and securities issuers. [read post]
29 Mar 2023, 5:01 am by Eugene Volokh
If you just blithely ignore it, and publish the story despite having been told that it may well be mistaken, that would be textbook "reckless disregard," which would allow liability even in a public official case: Consider, for instance, Harte-Hanks Communications, Inc. v. [read post]
29 Mar 2023, 2:59 am by SHG
National Australia Bank, Ltd., 561 U.S. 247, 255 (2010) (internal quotation marks omitted; quoting EEOC v. [read post]
28 Mar 2023, 1:59 pm by Kevin LaCroix
Perhaps a more significant example of securities litigation arising from changing economic conditions is the lawsuit filed earlier this month against Silicon Valley Bank; readers know that the bank’s recent collapse was caused in significant part because of the losses the bank sustained on its bond portfolio due to rising interest rates. [read post]
27 Mar 2023, 9:50 am by centerforartlaw
In September 2021, the most powerful regulators, including the central bank, issued a crackdown on cryptocurrencies, which is essentially a blanket ban on all crypto transactions and mining.[14] The government justifies the ruthless ban because it claims cryptocurrency speculation could disrupt the country’s economic and financial order.[15] LRB’s bundling up with creators and integrating Conflux Network, although apparently at odds with the official ban on cryptocurrencies, is… [read post]
27 Mar 2023, 7:52 am by Amy Howe
” The justices also called for the Biden administration’s views in two cases, Flagstar Bank v. [read post]
23 Mar 2023, 5:55 am by Eleanor Runde
In part, that comes down to size: European banks hold more than $300 billion in Russian state assets; U.S. banks hold some $40 billion, and the British only $20 billion. [read post]