Search Results for: SEC

Texas District Court Judge Maria Cantú Hexsel temporarily blocked SB 14, which bans gender-affirming care for minors and restricts children already taking gender-affirming prescription drugs, from going into effect on Friday. The case is in the District Court of Travis County, Texas.  The ACLU of Texas represents the plaintiffs. In response to the ruling, attorney [...]

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“The existence of `system’ in the world is obvious to every observer of nature, no matter whom.” Pierre Teilhard de Chardin, The Phenomenon of Man (1959)           Whether conspicuous or obscure, terrorism generally presents itself as a systemic challenge. This means, inter alia, that seemingly singular strategic and legal matters may actually be many-sided and interrelated. Regarding legal issues, though [...]

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Federal prosecutors with the Securities and Exchange Commission (SEC) arrested three of former President Donald Trump’s business associates based on insider trading charges. Bruce Garelick, Michael Shvartsman and Gerald Shvartsman are accused of profiting off of nonpublic information ahead of a publicly traded company’s acquisition of Trump’s media business. According to the SEC’s complaint, Garelick [...]

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The North Carolina Senate voted 19-18 on Tuesday to pass House Bill 570, which prohibits the state and pension plan fiduciaries from investing based on climate change considerations. The bill now goes to Governor Roy Cooper for passage or veto. According to the bill, the state is not allowed to consider “environmental, social, and governance” [...]

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The New York State Assembly and Senate passed legislation Thursday to establish a state commission on reparations for slavery. If Governor Kathy Hochul signs the bill into law, New York will become the second state with such a commission, following the creation of California’s Reparations Task Force in 2020. The legislation will establish a commission [...]

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The New York State Assembly Tuesday enacted the State Fiscal Year 2023-24 Budget which will phase out the use of fossil fuels in buildings beginning in 2025. The budget also mandates that new buildings exclusively use electric heating and cooking. This provision will take effect for buildings shorter than seven stories in 2026 and taller [...]

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The US Supreme Court Friday issued a 9-0 opinion in Axon Enterprise, Inc. v. Federal Trade Commission, holding that separate legal challenges to the structure of the Security and Exchange Commission (SEC) and the Federal Trade Commission (FTC) may proceed in federal court. The opinion, written by Justice Elena Kagan, stipulates that district courts retain federal question [...]

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