August 2024 - cypherpunks - lists.cpunks.org

BNY's Pershing Hit With $1.4M FINRA Recordkeeping Fine
by Gunnar Larson 02 Aug '24

02 Aug '24

BNY's Pershing Hit With $1.4M FINRA Recordkeeping Fine <https://www.law360.com/compliance/articles/1864195?nl_pk=ab5ce197-c1fb-4d8e…> By Emilie Ruscoe Bank of New York Mellon subsidiary Pershing will pay the Financial Industry Regulatory Authority a $1.4 million fine to resolve claims that it misstated interest rates for variable rate securities on millions of account statements for more than 12 years. Letter attached | Read full article » <https://www.law360.com/compliance/articles/1864195?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1864195?nl_pk=ab5ce197-c1fb-4d8e…>

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DOD Defends Designating Tech Firm As Chinese Military Co
by Gunnar Larson 02 Aug '24

02 Aug '24

DOD Defends Designating Tech Firm As Chinese Military Co. <https://www.law360.com/governmentcontracts/articles/1864575?nl_pk=4126fe73-…> By Ali Sullivan The U.S. Department of Defense defended its decision to designate light section and ranging technology firm Hesai Technology Co. Ltd. as a Chinese military company, telling a District of Columbia federal judge that there exists "substantial evidence" that the company is affiliated with the Chinese Ministry of Industry and Information Technology. Motion attached | Read full article » <https://www.law360.com/governmentcontracts/articles/1864575?nl_pk=4126fe73-…> | Save to favorites » <https://www.law360.com/governmentcontracts/articles/1864575?nl_pk=4126fe73-…>

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Lewis Brisbois Slams RICO Claims Alleging 'Sham' Suits
by Gunnar Larson 02 Aug '24

02 Aug '24

Lewis Brisbois Slams RICO Claims Alleging 'Sham' Suits <https://www.law360.com/legalethics/articles/1864866?nl_pk=153d4a8a-6fb9-4a5…> By Lauren Berg Lewis Brisbois Bisgaard & Smith LLP has urged a California federal judge Tuesday to toss Chinese investors' accusations that its attorneys filed lawsuits to cover their failure to read "draconian" contract terms that led the investors to lose their $92.5 million stake in a $2.5 billion Los Angeles mixed-used development. Motion attached | Read full article » <https://www.law360.com/legalethics/articles/1864866?nl_pk=153d4a8a-6fb9-4a5…> | Save to favorites » <https://www.law360.com/legalethics/articles/1864866?nl_pk=153d4a8a-6fb9-4a5…>

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NY Appeals Court Upholds Trump Gag Order
by Gunnar Larson 02 Aug '24

02 Aug '24

NY Appeals Court Upholds Trump Gag Order <https://www.law360.com/capitalmarkets/articles/1864651?nl_pk=abe82add-2a33-…> By Phillip Bantz A New York appeals court on Thursday rejected Donald Trump's bid to strike down a gag order that bars him from threatening court and district attorney staff in his criminal hush money case ahead of his scheduled sentencing next month, as the former president renewed his bid to vacate his conviction following the U.S. Supreme Court's immunity ruling. 3 documents attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1864651?nl_pk=abe82add-2a33-…> |

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Crypto-Forex Co. Defaults In Fla. Civil Fraud Lawsuits
by Gunnar Larson 02 Aug '24

02 Aug '24

Crypto-Forex Co. Defaults In Fla. Civil Fraud Lawsuits <https://www.law360.com/capitalmarkets/articles/1861597?nl_pk=abe82add-2a33-…> By David Minsky A purported foreign exchange currency broker based in Hong Kong defaulted Thursday in three Florida state court lawsuits alleging multimillion-dollar frauds due to lack of counsel, although a Miami judge allowed the former CEO to respond to the complaints against him as a self-represented party. 6 documents attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1861597?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1861597?nl_pk=abe82add-2a33-…>

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More 'Equitable' Banking? This Ex-Biden Official Has A Plan
by Gunnar Larson 02 Aug '24

02 Aug '24

More 'Equitable' Banking? This Ex-Biden Official Has A Plan <https://www.law360.com/banking/articles/1864798?nl_pk=feb6bbba-7878-4d39-be…> By Jon Hill A former Biden U.S. Treasury Department official on Thursday outlined a progressive policy agenda that could provide a road map for bank regulators in the next administration, saying there's more that can and should be done to make the banking system stronger and fairer. 1 document attached | Read full article » <https://www.law360.com/banking/articles/1864798?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1864798?nl_pk=feb6bbba-7878-4d39-be…>

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Journalist Don Lemon Hits X, Musk Over Axed Talk Show Deal
by Gunnar Larson 02 Aug '24

02 Aug '24

Journalist Don Lemon Hits X, Musk Over Axed Talk Show Deal <https://www.law360.com/cybersecurity-privacy/articles/1864660?nl_pk=3dfd2fd…> By Allison Grande Elon Musk and his social media platform X unlawfully plied former CNN anchor Don Lemon with "false promises and representations" to reel him into a partnership to produce a talk show and other exclusive content, then proceeded to unceremoniously cancel the deal before it could get off the ground, the journalist alleged in a lawsuit filed Thursday. Complaint attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1864660?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1864660?nl_pk=3dfd2fd…>

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DOJ Unveils Whistleblower Pilot, But Garners Atty Criticism
by Gunnar Larson 02 Aug '24

02 Aug '24

DOJ Unveils Whistleblower Pilot, But Garners Atty Criticism <https://www.law360.com/cybersecurity-privacy/articles/1864715?nl_pk=3dfd2fd…> By Sarah Jarvis The U.S. Department of Justice on Thursday officially launched its pilot program to reward whistleblowers who alert prosecutors to significant corporate misconduct, although some whistleblower attorneys decried the program's award caps and what they described as its lack of enforceability. 1 document attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1864715?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1864715?nl_pk=3dfd2fd…>

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Google Beats RNC's Claims It Censored Fundraising Emails
by Gunnar Larson 02 Aug '24

02 Aug '24

Google Beats RNC's Claims It Censored Fundraising Emails <https://www.law360.com/cybersecurity-privacy/articles/1864610?nl_pk=3dfd2fd…> By Dorothy Atkins A California federal judge on Wednesday tossed the Republican National Committee's lawsuit accusing Google of being politically motivated and violating the state's Unfair Competition Law by sending RNC fundraising emails to Gmail users' spam folders, finding the conduct may be unfair in a "colloquial" sense, but is not illegal. Opinion attached | Read full article » <https://www.law360.com/cybersecurity-privacy/articles/1864610?nl_pk=3dfd2fd…> | Save to favorites » <https://www.law360.com/cybersecurity-privacy/articles/1864610?nl_pk=3dfd2fd…>

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What's In NYDFS Guidance On Use Of AI In Insurance
by Gunnar Larson 02 Aug '24

02 Aug '24

What's In NYDFS Guidance On Use Of AI In Insurance <https://www.law360.com/newyork/articles/1863351?nl_pk=ac5a3855-e47c-4403-be…> Matthew Gaul and Shlomo Potesky at Willkie summarize the New York Department of Financial Services' recently adopted circular letter on the use of artificial intelligence in insurance underwriting and pricing, and highlight the material changes made to it in response to comments on the draft circular letter.

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