Search Results for: financial regulation

US Representative George Santos (R-NY) pleaded not guilty Friday to 23 federal crimes contained in a superseding indictment. Santos was accused of nine counts of wire fraud, four counts of making false statements, three counts of unlawful money transfers amounting to over $10,000, two counts of falsifying records or documents, two counts of aggravated identity [...]

A coalition of cannabis companies in Massachusetts filed a suit Thursday challenging the federal prohibition on marijuana as it applies to individual states. The suit, filed in a Massachusetts district court, names US Attorney General Merrick Garland as its sole defendant. The companies contend that the Controlled Substances Act (CSA), which prohibits the cultivation, manufacturing, [...]

As regions of the world grapple with the devastating impacts of climate change, Kenya’s Climate Change Amendment Act stands as landmark legislation that shifts the trajectory of the nation’s commitment to climate justice. The amendment serves as a comprehensive and forward-looking response to the escalating climate crisis. The Act introduces innovative provisions aimed at aligning [...]

A Delhi official approved the prosecution of Booker prize-winning author Arundhati Roy on Tuesday based on charges of sedition. Roy and her three co-defendants, Delhi University lecturer Syed Abdul Rahman Geelani, Kashmiri separatist leader Sayed Ali Shah Geelani and Central University of Kashmir law professor Sheikh Showkat Hussain, are accused of criticizing the Indian government’s [...]

The US Supreme Court heard oral arguments on Tuesday in a landmark whistleblower case, Murray v. UBS Securities, LLC, in which the court was asked to consider whether publicly traded companies can discriminate against employees who report wrongdoing within the company. Back in 2011, Trevor Murray joined UBS’s commercial mortgage-backed securities department. Adhering to Securities [...]

Edwin Gakunga is a student at the Kenya School of Law and a JURIST Assistant Editor. He files this dispatch from Nairobi.  The bustling heart of Nairobi, Kenya, was the stage last week of a historic event—the inaugural Africa Climate Summit (ACS), held from September 4th to 6th. This pivotal gathering brought together African nations, [...]

Supreme Court Justice Clarence Thomas disclosed in his annual financial report made public Thursday that he accepted three trips from billionaire Harlan Crow in 2022. This disclosure was published after Thomas received political backlash for accepting extravagant gifts while serving on the United States Supreme Court. A previous report from ProPublica accused Thomas of accepting [...]

The Nicaraguan Ministry of Interior ordered on Wednesday the cancellation of the legal status of the Jesuit religious community, a Catholic congregation, and confiscation of all its property for failure to report its financial statements during the fiscal periods 2020, 2021 and 2022. The ministry also cited the Jesuit’s alleged failure to timely update the [...]

Canadian Minister of Foreign Affairs Mélanie Joly Friday declared new sanctions against 15 Russian individuals and three entities following human rights violations and state-sponsored violence faced by political opponents and critics in Russia. The new sanctions aim to supplement the previous sanctions by expanding the list of restricted individuals and entities. Canada has previously imposed [...]

The Consumer Financial Protection Bureau (CFPB), the main US agency tasked with consumer protection, announced on Tuesday that it would begin the process of regulating companies that collect and sell personal data. The announcement was made in remarks at the White House from Director Rohit Chopra as part of an “all-of-government effort” to address personal [...]