Search Results for: STOCK Act

In his 2021 year-end report, US Supreme Court Chief Justice John Roberts stressed the importance of ensuring the federal judiciary retains its institutional independence. Speaking on the constitutional importance of the Court’s ability to self govern and institute reforms of its own accord without undue Congressional influence, he wrote: The judiciary’s power to manage its internal [...]

The US Court of Appeals for the Fifth Circuit Tuesday upheld the federal ban on bump stocks, a firearm accessory that allows semiautomatic guns to fire like automatic weapons. The Trump administration outlawed bump stocks after a 2017 shooting in Las Vegas where the rapid-fire accessory was used to kill 58 people. The Bureau of Alcohol, [...]

Earlier this month, a digital currency based on the Netflix series “Squid Game” soared in value before collapsing dramatically as its promoters quickly pulled out their funds in what is known as a “rug pull.” The website promoting the cryptocurrency was only three weeks old and was littered with grammatical errors, tell-tale signs that it [...]

Shareholders filed a class action lawsuit against Meta (formerly Facebook) in the US District Court for the Northern District of California on Monday. The lawsuit is based on recent claims by Facebook whistleblower Frances Haugen, who revealed that Facebook continued to implement techniques to increase engagement with young people after internal research revealed that those [...]

US Senators Democrat Amy Klobuchar and Republican Tom Cotton introduced Friday the Platform Competition and Opportunity Act to rein in anti-competitive acquisitions by big tech companies, adding to a series of bills this year aiming to regulate various aspects of the sector. The proposed bill makes it illegal for a “covered platform operator” to acquire [...]

There has been a lot of discussion about crypto in the news recently. El Salvador made global headlines last month as the first nation to accept a crypto as legal tender, while other countries, like China, are banning them outright. In the United States, the state of crypto is much more in flux. In a [...]

Even though the US State Department is issuing positive statements about the Taliban, it is hard for the US to recognize the Taliban as Afghanistan’s lawful government. The reasons are evident and understandable. First, the Taliban have defeated the US military in a protracted war stretching over twenty years (2001-2021). The hurt in the Pentagon, [...]

JURIST EXCLUSIVE – Myanmar law students are reporting for JURIST on challenges to the rule of law in their country under the military junta that deposed the civilian government of Aung San Suu Kyi in February. For privacy and security reasons we are withholding this law student’s name and institutional affiliation. The text has been [...]

The State Administration for Market Regulation (SAMR), China’s top market regulator, on Tuesday issued draft regulations for banning unfair competition on the internet and restricting the use of user data. The regulations have been drafted under the Law Against Unfair Competition, the Electronic Commerce Law, and the Administrative Punishments law. Business operators have been prohibited [...]

In its order dated March 22, 2021, the Securities Appellate Tribunal (“SAT”), as a huge precedent, significantly raised the threshold concerning unpublished price sensitive information (“UPSI”) in the WhatsApp leak case. Setting aside the previous penalizing three orders – 1, 2 and 3 of the Adjudicating Officer (“AO”) of the Securities Exchange Board of India [...]