November 2024 - cypherpunks - lists.cpunks.org

Weedmaps Execs Named In Derivative Action Over SEC Fine
by Gunnar Larson 13 Nov '24

13 Nov '24

Weedmaps Execs Named In Derivative Action Over SEC Fine <https://www.law360.com/compliance/articles/2259539?nl_pk=ab5ce197-c1fb-4d8e…> By Emilie Ruscoe Current and former executives and directors of Weedmaps' parent company face shareholder derivative claims following an investor class action and a regulator's fine over the digital cannabis marketplace's alleged use of "willfully inflated" user metrics. Complaint attached | Read full article » <https://www.law360.com/compliance/articles/2259539?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2259539?nl_pk=ab5ce197-c1fb-4d8e…>

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5th Circ. Won't Reopen CFPB Payday Rule Fight
by Gunnar Larson 13 Nov '24

13 Nov '24

5th Circ. Won't Reopen CFPB Payday Rule Fight <https://www.law360.com/compliance/articles/2259899?nl_pk=ab5ce197-c1fb-4d8e…> By Katryna Perera The Fifth Circuit on Tuesday denied a bid from a lender to reopen an industry legal challenge to the Consumer Financial Protection Bureau's payday loan rule that previously foundered at the U.S. Supreme Court, clearing the way for the rule to take effect. Order attached | Read full article » <https://www.law360.com/compliance/articles/2259899?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2259899?nl_pk=ab5ce197-c1fb-4d8e…>

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Trump's 'Pro-Business' Agenda Could Be A Boon For M&A
by Gunnar Larson 13 Nov '24

13 Nov '24

Trump's 'Pro-Business' Agenda Could Be A Boon For M&A <https://www.law360.com/compliance/articles/2256282?nl_pk=ab5ce197-c1fb-4d8e…> By Al Barbarino President-elect Donald Trump's "pro-business" priorities and an anticipated relaxation of antitrust scrutiny are expected to boost mergers and acquisitions activity, but his tariff plan may have mixed results across sectors — and select deals could be subject to his "unpredictability," attorneys told Law360. Read full article » <https://www.law360.com/compliance/articles/2256282?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2256282?nl_pk=ab5ce197-c1fb-4d8e…>

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Trump Taps Elon Musk To Head New 'Gov't Efficiency' Dept.
by Gunnar Larson 13 Nov '24

13 Nov '24

Trump Taps Elon Musk To Head New 'Gov't Efficiency' Dept. <https://www.law360.com/compliance/articles/2259991?nl_pk=ab5ce197-c1fb-4d8e…> By Hailey Konnath President-elect Donald Trump announced Tuesday that billionaire Elon Musk and former presidential candidate Vivek Ramaswamy will lead a newly created "Department in Government Efficiency" for his administration come January. Read full article » <https://www.law360.com/compliance/articles/2259991?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2259991?nl_pk=ab5ce197-c1fb-4d8e…>

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Trump Pick To Lead EPA Is Loyal, Would Learn On The Job
by Gunnar Larson 13 Nov '24

13 Nov '24

Trump Pick To Lead EPA Is Loyal, Would Learn On The Job <https://www.law360.com/compliance/articles/2259618?nl_pk=ab5ce197-c1fb-4d8e…> By Juan-Carlos Rodriguez President-elect Donald Trump prioritized loyalty and a demonstrated ability to carry out his priorities with his announcement that he intends to nominate a former congressman from New York state to lead the U.S. Environmental Protection Agency. Read full article » <https://www.law360.com/compliance/articles/2259618?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2259618?nl_pk=ab5ce197-c1fb-4d8e…>

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Comerica Sues CFPB To Stop 'Ultra Vires' Benefits Card Probe
by Gunnar Larson 13 Nov '24

13 Nov '24

Comerica Sues CFPB To Stop 'Ultra Vires' Benefits Card Probe <https://www.law360.com/compliance/articles/2259518?nl_pk=ab5ce197-c1fb-4d8e…> By Sarah Jarvis Comerica Bank has sued the Consumer Financial Protection Bureau in a Texas federal court, accusing it of carrying out an overreaching and unlawful investigation into the bank's handling of a government program for distributing federal benefits via debit cards. Complaint attached | Read full article » <https://www.law360.com/compliance/articles/2259518?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2259518?nl_pk=ab5ce197-c1fb-4d8e…>

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FTC Doubts It Overstepped On Editing Meta Decree
by Gunnar Larson 13 Nov '24

13 Nov '24

FTC Doubts It Overstepped On Editing Meta Decree <https://www.law360.com/compliance/articles/2259602?nl_pk=ab5ce197-c1fb-4d8e…> By Nadia Dreid The FTC spent its morning mulling whether it overstepped in trying to modify a 2020 consent decree with Facebook to impose new restrictions on the social media titan now known as Meta after finding that the company hadn't been keeping its data privacy promises. Read full article » <https://www.law360.com/compliance/articles/2259602?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2259602?nl_pk=ab5ce197-c1fb-4d8e…>

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Ex-FDIC Head Urges Banks To 'Push Back' Against Examiners
by Gunnar Larson 13 Nov '24

13 Nov '24

Ex-FDIC Head Urges Banks To 'Push Back' Against Examiners <https://www.law360.com/compliance/articles/2259872?nl_pk=ab5ce197-c1fb-4d8e…> By Jon Hill A former top Trump banking regulator on Tuesday called for bank executives to show "backbone" and push back when they are challenged with bad exam findings from their regulators, urging resistance as an antidote to perceived excesses in bank oversight. Read full article » <https://www.law360.com/compliance/articles/2259872?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/2259872?nl_pk=ab5ce197-c1fb-4d8e…>

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BoE, Regulators Set Out Regime For Critical Third Parties
by Gunnar Larson 13 Nov '24

13 Nov '24

BoE, Regulators Set Out Regime For Critical Third Parties <https://www.law360.co.uk/financial-services-uk/articles/2259414?nl_pk=a94fc…> By Alex Davidson The Bank of England and other City regulators set out new rules on Tuesday for critical third parties such as cloud service providers used by finance firms to reduce the risk of failure and disruption to the market. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/2259414?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/2259414?nl_pk=a94fc…>

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Digital Money Issuer Hits Dutch Co. For €4.7M Liability
by Gunnar Larson 13 Nov '24

13 Nov '24

Digital Money Issuer Hits Dutch Co. For €4.7M Liability <https://www.law360.co.uk/financial-services-uk/articles/2252687?nl_pk=a94fc…> By Sam Tabahriti A London-based electronic money issuer has sued a Dutch payment service provider for almost €4.7 million ($5 million), alleging that it had failed to meet its obligations under their card issuance and settlement agreement. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/2252687?nl_pk=a94fc…> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/2252687?nl_pk=a94fc…>

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