Âé¶¹´«Ã½360: Securities /securities?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Securities Copyright 2025 Âé¶¹´«Ã½. en-US Fri, 06 Jun 2025 23:24:38 +0000 Senate Banking Bill Would Zero Out CFPB's Fed Funding /securities/articles/2350625?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350625 U.S. Senate Banking Committee Republicans called Friday for eliminating the Consumer Financial Protection Bureau's Federal Reserve funding as part of their proposal package for the "One Big Beautiful" budget bill, a move that could effectively restructure the agency. Fri, 06 Jun 2025 23:20:24 +0000 Crypto Holding Co. Can Pursue Counterclaim Against Ex-Exec. /securities/articles/2350614?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350614 A Puerto Rico-based crypto holding company can pursue a counterclaim against its former president who alleged the company's CEO fraudulently recruited him to the venture and then fired him, a Delaware vice chancellor ruled Friday, finding legal expenses the company incurred are recoverable. Fri, 06 Jun 2025 23:04:02 +0000 Masimo Fights Ex-CEO's Bid To Ax Suit Over $450M Demand /securities/articles/2350526?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350526 Masimo Corp. fought back against founder Joe Kiani's motion to dismiss the company's Delaware Chancery Court suit seeking a declaration that he's not due a $450 million payout after his ouster as CEO, arguing that bid is an "improper attempt to evade" the Delaware court's jurisdiction. Fri, 06 Jun 2025 23:01:50 +0000 Judge Signs Off On SEC Dismissal Of Crypto Promoter Suit /securities/articles/2350395?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350395 A Texas federal judge signed off on the end of the U.S. Securities and Exchange Commission's case against crypto promoter Ian Balina, resolving the dispute over Balina's promotion of so-called SPRK tokens amid the agency's policy pivot on digital assets. Fri, 06 Jun 2025 21:49:14 +0000 Fed's Bowman Calls For Oversight Built On 'Pragmatism' /securities/articles/2350424?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350424 Federal Reserve Vice Chair for Supervision Michelle Bowman on Friday previewed a sweeping industry-friendly agenda to ease burdens on smaller lenders, overhaul supervisory ratings and reevaluate capital rules as the central bank's new top regulator, drawing immediate praise for banking industry groups. Fri, 06 Jun 2025 21:39:50 +0000 Circle's Smash IPO Could Pave Way For More Crypto Listings /securities/articles/2350391?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350391 Stablecoin issuer Circle's explosive debut will likely stimulate more crypto listings and possibly jolt the broader pipeline of initial public offerings, capital markets attorneys say. Fri, 06 Jun 2025 21:26:27 +0000 Truist's Negligence Led To Hackers Hijacking Deal, Firm Says /securities/articles/2350594?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350594 Delaware-based Rhodunda Williams & Kondraschow LLC is claiming in a new lawsuit that hackers used the law firm's email to hijack a real estate transaction and have funds wired to their account at Truist Financial Corp., which lacked the needed security measures to prevent the alleged fraud. Fri, 06 Jun 2025 20:37:58 +0000 Chancery Pauses Meta Privacy Suit For EU, Ireland Actions /securities/articles/2350545?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350545 A Delaware court on Friday paused a pension fund stockholder suit seeking documents on data privacy violations made by Meta Platforms Inc. that led to a €1.2 billion ($1.4 billion) fine from European authorities. Fri, 06 Jun 2025 19:43:03 +0000 Feds Seek 15 Months For Russian Crypto Market Manipulator /securities/articles/2350386?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350386 A Russian national who pled guilty to manipulating crypto markets through his market-making service says the time he has already served is sufficient punishment, but the government is seeking 15 months in addition to his company's $23 million forfeiture. Fri, 06 Jun 2025 19:01:34 +0000 Justices Skip Investment Adviser's Appeal Of $32M SEC Win /securities/articles/2350537?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350537 The U.S. Supreme Court on Friday declined to hear a lawsuit challenging the U.S. Securities and Exchange Commission's disgorgement powers, turning away an appeal brought by an investment adviser who was ordered to pay $32 million after a lower court found that he and his firm defrauded clients. Fri, 06 Jun 2025 18:57:18 +0000 Execs Hid Jewelry Co. Accounting Issues, Suit Says /securities/articles/2350450?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350450 Executives of Compass Diversified Holdings have been hit with a derivative shareholder suit in a California federal court for allegedly making misleading statements about the investment firm's financial condition, stemming from accounting irregularities at a jewelry company the firm acquired. Fri, 06 Jun 2025 18:56:57 +0000 Crypto Groups Want Protections For Developers In House Bill /securities/articles/2350430?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350430 A coalition of crypto industry groups urged lawmakers and courts to shield developers from certain legal liabilities if their creations do not take hold of customer funds, including by enshrining protections in a proposal to regulate crypto markets that lawmakers continue to debate. Fri, 06 Jun 2025 18:17:28 +0000 Argentina Tells DC Circ. $391M Award OK Must Be Nixed /securities/articles/2350260?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350260 Argentina has asked the D.C. Circuit to overturn a lower court decision ordering it to pay a $391 million arbitral award issued following a 15-year-old dispute over the renationalization of the country's state-owned airline. Fri, 06 Jun 2025 17:11:48 +0000 What FCA Liability Looks Like In The Cybersecurity Realm /securities/articles/2348647?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2348647 ​Two recent settlements highlight how whistleblowers and the U.S. Department of Justice have been utilizing the False Claims Act to allege fraud predicated on violations of cybersecurity standards — timely lessons given new bipartisan legislation introducing potential FCA liability for artificial intelligence use, say​ attorneys Rachel Rose and Julie Bracker. Fri, 06 Jun 2025 16:39:08 +0000 Buchalter Lands Duane Morris Securities Litigator In SF /securities/articles/2349586?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2349586 Buchalter PC is expanding its litigation team, bringing in a Duane Morris LLP securities litigation ace as a shareholder in its San Francisco office. Fri, 06 Jun 2025 16:29:32 +0000 Operating Via Bank Charter Offers Perks Amid Industry Shift /securities/articles/2346240?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2346240 As bank regulators become more receptive to streamlining barriers that have historically stood in the way of de novo bank formation, and as fintechs show more interest in chartering, attorneys at Goodwin outline the types of charters available and their benefits. Fri, 06 Jun 2025 16:04:00 +0000 How Attorneys Can Become Change Agents For Racial Equity /securities/articles/2342370?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2342370 As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Âé¶¹´«Ã½ School. Fri, 06 Jun 2025 15:43:05 +0000 Dems Urge FHFA To Halt Trump's Fannie, Freddie Plans /securities/articles/2350409?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350409 A group of 13 Democratic U.S. senators, along with Sen. Bernie Sanders, urged the Federal Housing Finance Agency to put on hold efforts from President Donald Trump to end government conservatorship for Fannie Mae and Freddie Mac, stating in a letter that reprivatizing the entities "could dramatically increase costs for families seeking to purchase a home." Fri, 06 Jun 2025 15:13:25 +0000 Gemini Confidentially Files For IPO Amid Crypto Listings Buzz /securities/articles/2350555?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2350555 Crypto exchange Gemini Space Station Inc. said Friday it confidentially filed for an initial public offering, marking a first step toward going public amid growing enthusiasm for crypto-related listings following stablecoin issuer Circle Internet Group Inc.'s blockbuster IPO. Fri, 06 Jun 2025 14:40:50 +0000 Unicoin Case Reveals SEC's Evolving Enforcement Posture /securities/articles/2346234?utm_source=rss&utm_medium=rss&utm_campaign=section /securities/articles/2346234 The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.