US Supreme Court tosses case involving securities fraud suit against Facebook
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud ...
JD Supra3d
Federal Judge Vacates SEC’s Dealer Rule Amendments and Gensler Announces Imminent Departure
On Thursday, in two separate decisions, a federal district court in Texas struck down the U.S. Securities and Exchange Commission (SEC) rule ...
Manhattan U.S. Attorney Damian Williams to resign before Trump takes office
In addition to making history as the first Black U.S. attorney for the Southern District of New York when President Biden nominated him in late 2021, Williams, 44, is one of the youngest ever to ...
US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
Indian businessman Gautam Adani, one of the world’s richest people, has been indicted in the U.S. on charges he duped ...
JD Supra4d
SEC Enforcement Actions Against Public Companies and Subsidiaries Drop by 12% in FY 2024; Actions Still Up Nearly 5% Compared to Historical Average
The U.S. Securities and Exchange Commission (SEC) initiated 80 enforcement actions against public companies and subsidiaries in fiscal year ...
Hedge Funds and High-Speed Traders Score Legal Victory Over SEC
A federal court invalidated a Securities and Exchange Commission rule, stopping the agency from expanding its oversight over high-speed trading firms and hedge funds that are among the most ...
Stock Market Today: Dow scores best day since surge after U.S. election day
"There were some warning signs from Target, but if you look at personal income and retail sales, they have been strong all ...
U.S. Attorney Damian Williams to resign in December
NEW YORK - U.S. Attorney for the Southern District Damian Williams announced plans to resign Monday. Williams, 44, will ...
Sweden’s Klarna Files for U.S. IPO
The payments specialist filed registration documents with the SEC, but said the number of shares and the price range for the ...
CoinDesk on MSN4d
U.S. SEC Loses Crypto Lawsuit Over 'Dealer' Definition That Pushed Into Crypto
A Texas federal court has rejected the U.S. Securities and Exchange Commission's recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the ...