July 2023 - cypherpunks - lists.cpunks.org

BREAKING: Ex-Celsius CEO Indicted On Fraud Charges
by Gunnar Larson 13 Jul '23

13 Jul '23

BREAKING: Ex-Celsius CEO Indicted On Fraud Charges By Phillip Bantz New York federal prosecutors on Thursday announced criminal fraud charges against the founder and former CEO of now-bankrupt crypto company Celsius Network LLC, alleging he misled customers about "core aspects of Celsius's business." Indictment attached | Read full article » | Save to favorites » https://www.google.com/url?q=https://www.law360.com/banking/articles/169924…

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Black Employees Hit Denver City Attorney With Race Bias Suit
by Gunnar Larson 13 Jul '23

13 Jul '23

Black Employees Hit Denver City Attorney With Race Bias Suit By Thy Vo Two Black women are suing the Denver City Attorney's Office in Colorado federal court, alleging they were paid less and marginalized because of their race and claiming the former city attorney failed to hold prosecutors and other employees accountable for racist behavior. Complaint attached | Read full article »< https://www.google.com/url?q=https://www.law360.com/legalethics/articles/16…

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Miami Mayor Departs Quinn Emanuel Amid Presidential Bid
by Gunnar Larson 13 Jul '23

13 Jul '23

Miami Mayor Departs Quinn Emanuel Amid Presidential Bid By Madison Arnold Miami Mayor Francis Suarez has taken unpaid leave from his role as of counsel at Quinn Emanuel Urquhart & Sullivan LLP while he seeks the Republican nomination for president, a firm spokesman confirmed Wednesday. Read full article » https://www.google.com/url?q=https://www.law360.com/banking/articles/169900…

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Congress Urged To Stop 'Hijacking' Of Shareholder Proposals
by Gunnar Larson 13 Jul '23

13 Jul '23

Congress Urged To Stop 'Hijacking' Of Shareholder Proposals By Sarah Jarvis A Mayer Brown LLP attorney on Wednesday urged Congress and the U.S. Securities and Exchange Commission to bar special interests from "hijacking" the shareholder proposal process while Minnesota's attorney general claimed Texas' hard-line "anti-woke" stance has cost it money. 1 document attached | Read full article » | Save to favorites » https://www.google.com/url?q=https://www.law360.com/banking/articles/169899…

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Ex-CFPB Chief Rips 'Abusive' Agency He Led Under Trump
by Gunnar Larson 13 Jul '23

13 Jul '23

Ex-CFPB Chief Rips 'Abusive' Agency He Led Under Trump By Jon Hill Mick Mulvaney, the onetime acting director of the Consumer Financial Protection Bureau, is urging the U.S. Supreme Court to rule that his former agency is unconstitutionally funded, arguing its budgetary independence has made it into one of the "most abusive agencies" in Washington, D.C. Brief attached | Read full article » | Save to favorites » https://www.google.com/url?q=https://www.law360.com/banking/articles/169877…

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Stablecoin Issuer, Customers Want Volatility Suit In NYC
by Gunnar Larson 13 Jul '23

13 Jul '23

Stablecoin Issuer, Customers Want Volatility Suit In NYC By Sydney Price A Japanese digital asset issuer and plaintiffs who are suing it over a stablecoin offering have jointly asked a California federal judge to transfer claims against the company to New York, where it maintains its principal place of business. 1 document attached | Read full article » | Save to favorites » https://www.google.com/url?q=https://www.law360.com/capitalmarkets/articles…

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SEC Proposes Speedier Customer Deposits For Brokers
by Gunnar Larson 13 Jul '23

13 Jul '23

SEC Proposes Speedier Customer Deposits For Brokers By Jessica Corso The U.S. Securities and Exchange Commission on Wednesday unveiled a plan that could require the nation's largest brokerage firms to more frequently deposit customer funds into segregated bank accounts in an effort to prevent financial losses in cases of bankruptcy. 2 documents attached | Read full article » | Save to favorites » https://www.google.com/url?q=https://www.law360.com/capitalmarkets/articles…

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Divided SEC Approves Reforms To Money-Market Fund Rules
by Gunnar Larson 13 Jul '23

13 Jul '23

Divided SEC Approves Reforms To Money-Market Fund Rules By Tom Zanki A divided U.S. Securities and Exchange Commission on Wednesday approved new rules aimed at improving the stability of the estimated $6 trillion money-market funds industry during times of stress. Read full article » https://www.google.com/url?q=https://www.law360.com/capitalmarkets/articles…

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SEC Says Collectors' Website Was An Unregistered Exchange
by Gunnar Larson 13 Jul '23

13 Jul '23

SEC Says Collectors' Website Was An Unregistered Exchange By Sydney Price The U.S. Securities and Exchange Commission on Wednesday said it has fined the operator of an online marketplace that facilitates the buying and selling of equity interests in sports cars, rare books and other collectibles, alleging the venue was an unregistered securities exchange. Order attached | Read full article » https://www.google.com/url?q=https://www.law360.com/newyork/articles/169904…

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Adviser Attacks SEC's Liquidity Rule In Bid To Escape Suit
by Gunnar Larson 13 Jul '23

13 Jul '23

Adviser Attacks SEC's Liquidity Rule In Bid To Escape Suit By Jessica Corso A New York-based investment adviser facing the first-ever U.S. Securities and Exchange Commission lawsuit over a 2016 liquidity rule says the case against it should be tossed because the agency had no congressional authority to write the rule in the first place. Motion attached | Read full article » | Save to favorites » https://www.google.com/url?q=https://www.law360.com/newyork/articles/169853…

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