To my mind, few things make less sense than the regulatory status of the prediction markets. A very new phenomenon, prediction contracts first were regulated by various forms of State regulation, toyed with by the SEC and then came under … Continue reading
Category Archives: The Law
First, I find that many people do not understand the status of recreational cannabis. It is Federally within Class 1 and thus is not legally available, according to clear reading of Federal law. Since it may nonetheless be available under … Continue reading
Banks are evaluated by a Federal Council staffed by several other agencies, including the Federal Reserve Bank. The existing bank rating criteria, in effect in current form for thirty years, considered capital, asset quality, management quality, earnings, liquidity and exposure … Continue reading
In 2024 the SEC adopted a rule requiring robust reporting of emissions of greenhouse gasses by public companies. The current SEC, under this administration, does not enforce this extant requirement; the rule itself has engendered various lawsuits claiming that the … Continue reading
Every Monday I peruse the legal press to see what’s new, interesting, important. Sometimes it is M&A or capital markets. But this Monday’s mailbox was full of interesting stuff. Posts are supposed to be short revelations, not long rambles– SO … Continue reading
Those readers of my posts no doubt have views about the fees we lawyers charge. Many folks think we are overpaid; we of course bemoan our poverty. Now, another law firm is working to make sure they do not fall … Continue reading
Right after my last post about proposed SEC changes to reduce financial reporting, today’s press notes an SEC proposal sent to the White House which would reverse a 54-year old rule barring defendants against SEC civil actions, who choose to … Continue reading
The SEC is proposing to alter the quarterly reporting requirement for registered companies; presently all must file a form 10-Q showing inter alia company quarterly financials. The current proposal is to require financials only twice a year. This revision is … Continue reading
What should a board of directors focus upon in today’s world? Likely not a hard question but you need to think about it. The below thoughts arose in last night’s program presented by the New England Chapter of National Association … Continue reading
One of President Trump’s first actions in office was to issue executive orders: banning hiring discrimination, which was deemed to include many then-extant DEI programs, and to terminate all DEI and environmental justice programs, for contractors or grantees of federal … Continue reading