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A State Legislator's Guide to Blockchain
Consideration of blockchain legislation is a growing trend amongst state legislatures. Blockchain, which is essentially a more secure form of internet, has been expanding into new markets. This has increasingly caught the attention of legislators, wh (More)
Cryptocurrency: An Expert's Guide
In January 2009, an unknown person or persons using the name Satoshi Nakamoto announced the creation of Bitcoin, the first peer-to-peer electronic cash system—or, cryptocurrency. Now, 10 years later, Nakamoto is still a mystery, but Bitcoin is the mo (More)
State Leadership Needed on Consumer Protection Issues
Under current leadership, the federal Consumer Financial Protection Bureau (Bureau) seems committed to only grudgingly protecting consumers from unfair and exploitative financial products.  In its strategic plan, former Acting Director Mick Mulvaney (More)
World leaders urged to address global housing crisis at G20 summit
UN Special Rapporteur on adequate housing, Leilani Farha urged world leaders Thursday to address the global housing crisis at the next annual G20 summit. Farha's statement indicated that the new global order has treated housing as a commodity and (More)
Federal Appeals Court rules Barclays not liable to investors who bought in shortly before 2008 recession
The US Court of Appeals for the Second Circuit affirmed Monday the district court judgement that Barclays is not liable to investors who bought in shortly before the 2008 financial collapse. A series of investors brought the case against Barclays (More)
Federal appeals court rules against former Fannie Mae and Freddie Mac shareholders
The US Court of Appeals for the Third Circuit on Wednesday ruled against junior shareholders of Fannie Mae and Freddie Mac, who challenged the Treasury Department's right to all profits in perpetuity after bailing the institutions out during the 2008 (More)
New Jersey sues pharmaceutical company over opioid crisis
New Jersey's Attorney General filed a lawsuit Tuesday against Janssen Pharmaceuticals, Inc., a subsidiary of Johnson & Johnson, for misleading patients and prescribers about the addictive risks associated with the use of its drugs. The complaint (More)
US reaches $480 million settlement with mortgage-backed securities firm
The US government announced Tuesday that it reached a $480 million agreement with financial services group Nomura Holdings to resolve federal civil claims that Nomura misled investors in connection with the marketing, sale and issuance of residential (More)
UK criminal court dismisses Barclays' fraud charges
Britain's Southwark Crown Court dismissed charges against Barclays regarding agreements between the bank and Qatari investors during the 2008 financial crisis. The Serious Fraud Office (SFO) , a British anticorruption government organization, cha (More)
Supreme Court declines to hear AIG bailout appeal
The US Supreme Court on Monday declined to hear the appeal of Maurice Greenberg's Starr International Co. The appeal argued that the federal government illegally bailed out AIG during the financial crisis of 2008 at the expense of shareholders. (More)
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