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30 Jan 2024, 9:02 pm by renholding
”[3]  These two strands—the refusal to settle with persons who deny the allegations and the belief that refusing to admit is a denial—converge in the requirement that to settle with the Commission, a person must either (1) admit the allegations underlying the Commission’s enforcement action or (2) state that she neither admits nor denies the allegations. [read post]
23 Jan 2024, 11:29 am
But, unlike regular banks, which also rent safe deposit boxes, this company "did not require customers to provide personal information, social security numbers, driver’s licenses, or any other form of identification in order to rent a box. [read post]
22 Jan 2024, 9:05 pm by renholding
It was also reported that federal lawmakers traded profitably in bank stocks while navigating the failures of Signature Bank, Silicon Valley Bank, and First Republic Bank in early 2023. [read post]
22 Jan 2024, 9:01 pm by renholding
You are probably well acquainted with its successor, rule 506.[2] Prior to the adoption of former rule 146 in April 1974, the Commission did not have rules interpreting section 4(2) of the Securities Act.[3] As a result, issuers faced uncertainty in determining whether a sale of securities did not involve “any public offering” and in applying case law on the topic, including the Supreme Court’s decision in SEC v. [read post]
17 Jan 2024, 5:40 am by Eugene Volokh
Georgia Gwinnett County Superior Court Judge Tracie Cason's decision last week in Walters v. [read post]