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24 Oct 2019, 2:40 pm
Concurrently, SEC Chairman Jay Clayton has launched his own anti-crypto crusade, bravely taking center stage and plainly asserting that cryptocurrency tokens looked and acted like securities and were susceptible to fraud and chicanery by insiders, management and better-informed traders and market participants. [read post]
21 Oct 2019, 12:01 pm
Zucman felt obviously underequipped for the task before him: to write memos to the brokerage house’s clients and traders helping to explain why the very durable and minutely engineered global financial system appeared to be on the verge of collapse. [read post]
21 Oct 2019, 1:23 am
The opinion is couched in terms of public importance and redressing the balance between the monopolistic nature of trade mark rights and the importance of free access to the market for legitimate traders. [read post]
18 Oct 2019, 3:00 am
Giuliani Pressed for Turkish Prisoner Swap in Oval Office Meeting MSN – Jo Becker, Maggie Haberman, and Eric Lipton (New York Times) | Published: 10/10/2019 During an Oval Office meeting with President Trump and Secretary of State Rex Tillerson in 2017, Rudolph Giuliani pressed for help in securing the release of a jailed client, an Iranian-Turkish gold trader, as part of a potential prisoner swap with Turkey. [read post]
16 Oct 2019, 1:04 pm
The Securities and Exchange Commission has filed an emergency action and obtained an asset freeze against 18 traders in a scheme to manipulate more than 3,000 U.S. [read post]
11 Oct 2019, 9:34 am
The New York Times reports that in a 2017 Oval Office meeting with President Trump and then Secretary of State Rex Tillerson, Rudy Giuliani sought help from the Trump administration to release one of his jailed clients, an Iranian-Turkish gold trader. [read post]
10 Oct 2019, 10:03 am
Dear readers, you may recall Professor Mila Sohoni's forthcoming article in the Harvard Law Review, The Lost History of the "Universal" Injunction. [read post]
9 Oct 2019, 3:18 pm
Umesh Pratapa In the following guest post, Umesh Pratapa takes a look at the new Indian Consumer Protection Act, 2019. [read post]
1 Oct 2019, 9:08 am
KEY POINTS FOR TRADERS Generally, no banking licence is required for lending to bona fide Dutch professional parties. [read post]
1 Oct 2019, 3:48 am
Berman announced today the unsealing of charges against ERIC ROHR, the former chief financial officer at Live Well, and DARREN STUMBERGER, the former head trader at Live Well, for their participation in the scheme. [read post]
30 Sep 2019, 7:00 am
Articulated in Section 78p of the United States Code, the prohibition on short-swing trade profit is a strict-liability rule that requires the “trader to disgorge all profits realized on all purchases and sales within the specified time period [6-months], without proof of actual abuse of insider information, and without proof of intent to profit on the basis of such information. [read post]
30 Sep 2019, 12:19 am
The traders’ terms and conditions will have been drafted up by lawyers. [read post]
26 Sep 2019, 7:47 am
Department of Justice in a Libor-rigging case against a former Deutsche Bank trader. [read post]
26 Sep 2019, 6:51 am
Therefore, the companies were allowed to proceed in their action to require the trader to disgorge short-swing trading profits of over $13 million (Avalon Holdings Corporation v. [read post]
24 Sep 2019, 5:11 am
Much to everyone's surprise, the third quarter press release appeared in the browser.Analyst told sales trader, sales trader told customer, customer purchased. [read post]
19 Sep 2019, 8:45 am
“We conclude that the claims are directed to the abstract idea of graphing bids and offers to assist a trader to make an order. [read post]
18 Sep 2019, 7:27 pm
Two other traders were charged, as well. [read post]
18 Sep 2019, 9:15 am
Though earlier Federal Circuit panels had found other TT patents not eligible for CBM, as the court found they were directed to technological inventions, Judge Moore said in her April opinion that the patents at issue here—numbers 7,533,056, 7,212,999, and 7,904,374—"relate to the practice of a financial product, not a technological invention,” and that “the specification makes clear that the invention simply displays information that allows a trader to process… [read post]
17 Sep 2019, 4:41 am
Immediate enforcement of the bonus cap would have forced these proprietary traders to immediately change their entire business model. [read post]
13 Sep 2019, 6:17 am
It ruled that Article 97(5) of 2009 EU Trade Mark Regulation must be interpreted as meaning that the proprietor of a European Union trade mark may bring an infringement action against an infringer before a European Union trade mark court of the Member State within which the consumers or traders to whom that advertising and those offers for sale are directed are located, notwithstanding that that third party took decisions and steps in another Member State to bring about that electronic… [read post]