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24 Jan 2021, 2:29 pm by Stuart Kaplow
Current SEC Commissioner Hester Peirce, famously said, “we are seeing a similar scarlet letter phenomenon in today’s modern, but no less flawed world” but it is not Hester Prynne’s “A” for adultery in Puritan Massachusetts Bay Colony in 1642, but rather ESG in America in 2020. [read post]
12 Sep 2021, 4:54 pm by Stuart Kaplow
SEC Commissioner Hester Peirce has publicly said, “we are seeing a similar scarlet letter phenomenon in today’s modern, but no less flawed world. [read post]
2 May 2021, 9:05 pm by Jennifer J. Schulp
As SEC Commissioner Hester Peirce recognized, regulators must “be open to technological improvements that make the markets work better and encourage and equip more people to participate in them. [read post]
22 Apr 2022, 12:30 pm by Christopher J. Hubbert
Peirce stated: “Today’s proposal does more than mandate disclosures that would enhance investor understanding. [read post]
13 May 2021, 3:03 am by Liz Dunshee
Commissioner Peirce also tweeted along with the IM Statement that she hopes the SEC will get comfortable with investors having access to crypto-based securities products, so perhaps crypto supporters took heart from that. [read post]
11 Mar 2022, 1:05 pm by Christopher J. Hubbert
” However, SEC commissioner Hester Peirce issued a dissenting statement wondering whether the combined $100 million penalty was disproportionate, noting that “there is no allegation that BlockFi failed to pay its customers the money due them or failed to return the crypto lent to it. [read post]
23 Jan 2012, 10:05 am by Elizabeth Wilson
Significantly, Othman, represented by Gareth Peirce, did not stake out a position that diplomatic assurances could in no case be adequate to mitigate the risk of torture, but he did argue that satisfactory standards would be met only in cases where 1) systemic torture had been brought under control and 2) if isolated acts of torture continue, there is an independent monitoring body with proven effectiveness and criminal sanctions against torture. [read post]
10 Jan 2023, 12:08 pm by Steve Bainbridge
I thus share SEC Commissioner's Hester Peirce and Mark Uyeda's concern that the McDonalds matter "creates a slippery slope that may expand Item 402’s disclosure requirements into unintended areas – a form of regulatory expansion through enforcement. [read post]
5 Mar 2024, 9:05 pm by renholding
Public outcry following the failure of FTX, Celsius, and other cryptoasset platforms no doubt forced the commission’s hand to a certain degree.[1] Nevertheless, Commissioner Hester Peirce presciently characterized the 2022 rulemaking proposal as “expansive” enough to regulate cryptoasset platforms – a “Trojan Horse,” in the view of some commentators. [read post]