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TOP NEWS
POLICY & REGULATION
ENFORCEMENT
Justices Urged To Hear Case Targeting FINRA Enforcement
By Jessica Corso
The U.S. Supreme Court has been asked to hear a case challenging the ability of the Financial Industry Regulatory Authority to impose fines through an in-house disciplinary procedure with a broker who was penalized by the regulator, telling the justices that it was "futile" to first bring his constitutional arguments before the U.S. Securities and Exchange Commission.
2 documents attached |
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LITIGATION
Apple Wants Fake Crypto Wallet Apps Suit Tossed
By Katryna Perera
Apple has urged a California federal judge to toss a suit alleging it failed to warn consumers about fraudulent cryptocurrency wallet apps available on its App Store and the risk of cryptocurrency theft posed by those apps, saying the suit is deficient since it seeks to hold the tech giant liable for the conduct of third-party criminal scammers.
Motion attached |
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EXPERT ANALYSIS
LEGAL INDUSTRY
Catching Up With Delaware's Chancery Court
By Jarek Rutz
The Delaware Chancery Court last week blocked Cloudflare Inc. from completing a restructuring meant to preserve its founders' voting control, while Tower Semiconductor Ltd. accused Intel Corp. of backing out of a semiconductor manufacturing agreement and social media company Triller Group Inc. challenged its removal from Nasdaq.
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