Supreme Court Ruling Sets Precedent for Securities Lawsuits Against Public Companies
Supreme Court Ruling Sets Precedent for Securities Lawsuits Against Public Companies The U.S. Supreme Court made a significant decision affecting how lawsuits can be filed against public companies under specific securities laws (Macquarie Infrastructure Corp. v. Moab Partners). Macquarie Infrastructure Corporation, a company involved in various infrastructure projects, didn’t disclose how a new regulation (IMO […]
The SEC Cracks Down on $300 Million Crypto Ponzi Scheme
The SEC Cracks Down on $300 Million Crypto Ponzi Scheme The Securities and Exchange Commission (SEC) has taken legal action against 17 people involved in a fraudulent scheme linked to CryptoFX LLC, a company based in Houston, Texas. This scheme targeted over 40,000 investors, promising them big profits from investments in cryptocurrency and foreign exchange […]
The SEC Enhances Order Execution Disclosure Rules for Greater Market Transparency
SEC Enhances Order Execution Disclosure Rules for Greater Market Transparency The Securities and Exchange Commission (SEC) has introduced new changes to improve the disclosure of order execution information, specifically for stocks listed on national securities exchanges, known as national market system stocks (NMS stocks). These changes are part of updates to Rule 605 of Regulation […]
SEC Implements New Rules for Clear Climate Change Disclosures to Investors
SEC Implements New Rules for Clear Climate Change Disclosures to Investors The Securities and Exchange Commission (SEC) has made new rules to help investors get clear and consistent information about how climate change might affect companies they’re investing in. These rules make it necessary for public companies to tell investors about any big risks from […]