Reports on the ruling of a federal appeals court on the approval by the United States Securities and Exchange Commission of the merger between the American Electric Power Co. and Central & South West Corp.Wall Street Journal - Eastern EditionStringerKprtney...
Inc., granting the SEC’s motion for summary judgment against LBRY Inc. (LBRY). The court found that LBRY offered its digital asset, called LBC tokens, as a security in violation of Section 5 of the Securities Act of 1933 (Securities ...
When it comes to the SEC’s ability to bring cases, “I don’t think it’s really going to impact it a whole lot,” Dubow says. “They have cut back on ALJs for a number of years” in favor of taking cases to court.” If the court had ruled in the SEC’s favor “I think...
On March 15, 2024, the US Court of Appeals for the Fifth Circuit granted an administrative stay of the climate-related disclosure rules recently
Rules of procedure and evidence; submission to Congress; effective date (a) The Supreme Court shall transmit to the Congress not later than May 1 of the year in which a rule prescribed under section 2072 is to become effective a copy of the proposed rule. Such rule shall take effect no ...
On March 15, the U.S. Fifth Circuit Court of Appeals granted a temporary stay of the rules pending judicial review, in response to a petition arguing, among other things, that the rules would cause irreparable harm and exceed the SEC's authority.5To date, litigation challenging the rul...
The San Francisco Traffic Code Sec. 1001 stipulates “…the signs shall not be placed more than 200 feet apart. The signs shall indicate by legible letters, words and figures the hours prescribed for said Parking restrictions within 100 feet on either side of the sign…” http://library.am...
As for public regulatory agencies such as the FCA or the US Securities and Exchange Commission (SEC), while they too may be at risk of being pressured or captured by interest groups, they can be and have been independent on the whole, and they have incentives to retain their rule-making ...
Numerous crypto firms have eyed the SPAC model, likeBullish,Circle(which plans to go public towards the end of this year),Coincheck,Bitdeerand others. More like an IPO Now, the SEC is starting the process of taking action on SPACs, this time in the form of a rule change proposal. The ...
In conclusion, the SEC’s decision to enforce prompt and transparent disclosure of cyber attacks is a commendable effort to bolster cybersecurity practices and safeguard the interests of investors. By embracing this new rule, companies will be compelled to take cyber threats more ser...