The US House of Representatives approved the SEC Regulatory Accountability Act on Thursday, which requires the Securities and Exchange Commission to perform a cost-benefit analysis before implementing any new regulations. According to the summary of the bill, the SEC “shall consider impact on investor choice, market liquidity, and small businesses” in performing the analysis. The [...]
EU leader and Malta Prime Minister Joseph Muscat stated on Thursday that an essential part of any transition deal with Britain will include application of EU law in the UK even after Brexit, which provoked an almost immediate response from a high ranking member of parliament in the UK who said that such a deal [...]
The Washington Supreme Court ruled against plans for a big oil terminal on the West Coast on Thursday. The court ruled that the proposal must be reviewed under the Oceans Resources Management Act , effectively canceling the plans for an oil terminal at the Port of Grays Harbor. The Ocean Resources Management Act is a [...]
The Bank of New York Mellon Corp. agreed to pay $6.6 million to resolve charges from the Securities and Exchange Commission (SEC) on Thursday. The civil chargers were filed after the bank miscalculated its risk-based capital ratio. The SEC claims that BNY Mellon excluded approximately $14 billion in collateralized loan obligation assets from its calculations. [...]
The US Department of Justice (DOJ) on Thursday filed to join a suit in the US District Court for the Eastern District of New York against the New York Board of Election (NYCBOE) for improperly purging voters. The NYCBOE is accused by Common Cause New York of purging voters who had not voted since the [...]
The US Court of Appeals for the Ninth Circuit ruled Thursday that plaintiffs may sue Apple for violating antitrust regulations by forcing users to purchase apps exclusively through their app store. The court held that plaintiffs have standing to sue Apple because the communications company only permits developers to sell applications for Apple devices exclusively [...]
The internal watchdog of the US Department of Justice (DOJ) announced Thursday that it will be investigating the DOJ and the FBI for their handling of the probe into Hillary Clinton’s private e-mail server. The DOJ Office of the Inspector General will give special focus on allegations that these entities disclosed private information and that [...]
A surge in populist leaders in Europe and the US threatens human rights while inviting autocratic abuse in other nations, according to the 2017 World Report released Thursday by Human Rights Watch (HRW) . The report argues that “mounting public discontent over the status quo” has led to the appeal of populists in powerful positions: [...]
The American Civil Liberties Union (ACLU) on Thursday released its first report on the effects of solitary confinement on inmates with physical disabilities. The report, titled “Caged In: The Devastating Harms of Solitary Confinement on Prisoners with Physical Disabilities,” details how prisoners in solitary confinement are kept in small cells roughly the size of parking [...]
Chief Judge Gail Tusan of the Superior Court of Fulton County on Wednesday refused to place a hold on her previous ruling granting in-state tuition to Deferred Action for Childhood Arrivals program (DACA) recipients. In her ruling , Tusan stated that the defendants failed to show how and to what extent the state of Georgia [...]