Financial Regulation

Bitcoin ETF Comments Submitted to SEC Overwhelmingly Positive

On June 26th, 2018, the Cboe submitted a Bitcoin ETF proposal to the U.S. Securities and Exchange Commission. In order to better understand the …

Cryptocurrency

The Weekly: New Regulations, Blackrock Probes Market, Coinbase Gets Into Politics

The Weekly<p><b>In this week’s daily editions of Bitcoin in Brief, we showcased stories about politicians trying to enforce their will on the</b> …

Cryptocurrency

What Does “Reasonable” Data Security Mean, Exactly?

Article ByPhilip N. Yannella Ballard Spahr LLPCyberAdvisorOne of the most bedeviling aspects of data privacy and security law concerns the concept of …

Law

America needs independent judges

In recent years, National Football League commissioner Roger Goodell has come under fire for his seemingly arbitrary and absolute uses of power. Most …

Administrative Law

Former CFTC Chair Has Bitcoin on the Brain

After helping implement new oversight for the swaps market, Gary Gensler now lectures about blockchain technology and cryptocurrencies at MIT<p>A decade after the financial crisis , The Wall Street Journal has checked in on dozens of the bankers, government officials, chief executives, hedge-fund …

Commodities

CFTC Issues Customer Advisory on Digital Coins and Tokens

Article ByKevin M. FoleyJames M. BradyKatten Muchin Rosenman LLPCorporate and Financial Weekly Digest The Commodity Futures Trading Commission has …

Cryptocurrency

How your local U.S. lawmaker voted

Here’s how area members of Congress voted on major issues in the week ending July 20.

Donald Trump

SEC Form 485A24F

Taxes<p>Filing with the SEC is not as complicated as you might thing -- just be meticulous about following the steps.<p>Investing<p>The forms companies are …

Finance

True Leaf Campus Project Remains on Schedule for Fall 2018 Completion

Steel structure complete; crews now installing building envelope<p>VERNON, British Columbia, July 18, 2018 (GLOBE NEWSWIRE) -- True Leaf Medicine …

Cannabis Industry

SEC Approves Amendment to Rule 701 and Issues a Concept Release Regarding Form S-8 and Rule 701

Article ByMark D. WoodMark J. ReyesAlyse A. SagalchikKatten Muchin Rosenman LLPCorporate and Financial Weekly Digest As previously reported edition …

Law

Eventbrite Plans to Go Public Later This Year

Event-planning company has filed confidentially for an IPO<p>Event-planning company Eventbrite Inc. has filed an initial public offering confidentially with the Securities and Exchange Commission, according to people familiar with the matter.<p>The company plans to go public later this year in an …

Regulation

SEC fines Deutsche $73 million for mishandling depositary receipts

The U.S. Securities and Exchange Commission said on Friday that it fined two Deutsche Bank subsidiaries in the U.S. $75 million for mishandling …

Deutsche Bank

Coinbase Now Lists Security Tokens

Coinbase is one of the safest and highly secure online platforms for buying, selling, transferring, and storing digital currency. It is the largest …

Cryptocurrency

Theranos Investors, Founder Holmes Resolve Shareholder Suit

Investors suing Theranos Inc. and company founder Elizabeth Holmes settled a shareholder lawsuit aimed at recovering whatever they can salvage from …

Business

Stellar Price Slides 10 Percent as Bullish Trend Hits a Snag

Advertisement<p>The stellar price (XLM) fell by just over 10% today, indicating a recent bullish trend may not sustain itself.<p>Stellar is currently the …

Trading

Malta plans to create the world’s first decentralized stock exchange

<b>BLOCKCHAIN ISLAND.</b> The tiny European nation of Malta is truly living up to its nickname of “Blockchain Island.” On Thursday, MSX (the innovation arm …

Cryptocurrency

First state-owned Chinese financial firm sets up in Abu Dhabi

Abu Dhabi Global Market (ADGM) has announced the establishment of the first Chinese state-owned financial services firm to provide investment and …

Financial Services

Malta Regulator Tells Blockchain Companies to Wait Before Applying for Approvals and Authorization

The Malta Financial Services Authority (MFSA) said in a statement that blockchain companies have to wait until a recently passed framework comes into …

Financial Services

The Top 5 Marijuana Stocks To Watch in 2018

Today, few things seem surer than an investment in cannabis stocks. As legal barriers to cannabis fall in markets around the globe, tremendous …

Cannabis

Corbus Pharmaceuticals Receives FDA Orphan Drug Designation for Lenabasum for the Treatment of Dermatomyositis

- Dermatomyositis is a rare chronic systemic autoimmune disease characterized by inflammation of muscles and skin<p>- DM affects ~80,000 in the US, EU …

FDA

The Chinese Blind Spot in U.S. Companies’ Financials

Some multinationals are partially audited by Chinese accounting firms that U.S. regulators can’t check<p>By<p>Michael Rapoport<p>There’s a blind spot in U.S. regulators’ oversight of audit firms--and it could mean investors in companies like Walmart Inc., Pfizer Inc. and 3M Co. are vulnerable.<p>Big Four …

Ernst & Young

Bonds vs. Stocks: What's the Difference?

Ah, stocks and bonds - the heartbeat of Wall Street (and arguably the economy). But whether you trade on the New York Stock Exchange, financial terms …

Investing

New CEO pay ratio rule offers narrow view into executive compensation

The rule does not offer apples-to-apples comparison.

Compensation

SEC Differs With CBS On National Amusements Bylaw Changes

The Securities and Exchange Commission challenged CBS’s interpretation of a rule that forms the cornerstone of its legal challenge to bylaw changes …

Entertainment Industry

Free Trips Under Fire: SEC Wants Your Broker To Work For You

Regulators may make some sales contests extinct as they look to rewrite the rules for brokers and investment advisers<p>If the Securities and Exchange Commission has its way, brokers will have to make big changes to how they sell investments. For the first time, brokers would be explicitly required to …

Dow Jones

LabCorp Still Recovering From Ransomware Attack

SamSam, Other Ransomware Still Menacing Healthcare Sector Marianne Kolbasuk McGee (HealthInfoSec) • July 20, 2018<p>Medical testing laboratory firm …

Cybersecurity

HDFC Bank Q1 net profit up 18% to Rs 46 billion; NPAs rise marginally

HDFC Bank today reported an 18.2 per cent increase in its net profit at Rs 46.0144 billion for the quarter ended June.<p>The private sector lender had …

HDFC Bank

Coinbase Reportedly Secures $20 Billion Hedge Fund Through Its Prime Brokerage Services

Major U.S. crypto wallet and exchange Coinbase has reportedly secured a $20 billion hedge fund for its custody service, Business Insider reports July …

Hedge Funds

China steps up regulations on wealth management products, asset management business

BEIJING (Reuters) - China released draft rules and guidelines to strengthen regulations of financial institutions’ wealth management and asset management businesses, the latest step by Beijing to fend off systemic financial risks.<p>Earlier on Friday, the China Banking and Insurance Regulatory …

Central Banks

What the EU's Record Fine of Google Will Really Mean for Big Tech

The $5 billion penalty stems from its use of the Android operating system's dominance to crush potential competition.<p>In this segment from …

Investing