On June 11, 2024, the United States Securities and Exchange Commission (the “SEC”) charged Illit Raz, the former CEO and founder of the since-shut-down artificial intelligence recruiting startup Joonko Diversity Inc....more
Texas Governor Greg Abbott continues to announce the first wave of judicial appointees to the Texas Business Courts and the intermediate court of appeals which will oversee them—all of which are slated to go into effect on...more
After more than three years of regulatory investigation and litigation, Robinhood Financial LLC (“Robinhood”) recently agreed to overhaul its digital engagement practices and pay a $7.5 million fine to settle charges with the...more
Evaluating a broad spectrum of challenges raised by the U.S. Chamber of Commerce and others, a unanimous panel of the U.S. Court of Appeals for the Fifth Circuit recently held that the SEC failed to provide a sufficient...more
11/20/2023
/ Administrative Procedure Act ,
Arbitrary and Capricious ,
Certiorari ,
Chamber of Commerce ,
Disclosure Requirements ,
Final Rules ,
First Amendment ,
Form 10-K ,
Investment Company Act of 1940 ,
SCOTUS ,
Securities and Exchange Commission (SEC) ,
Stock Repurchases
In a move to address the implications of integrating emerging technologies into the financial markets, the U.S. Securities and Exchange Commission (the “SEC”) recently proposed new rules aimed at regulating potential...more
In the wake of the collapse of two major U.S. banks, America’s public attention has refocused once again on the oversight and integrity of the financial markets. Amidst this backdrop, on March 10, 2023, Edward D. Jones &...more