The US Senate on Tuesday approved the Economic Growth, Regulatory Relief, and Consumer Protection Act , which implements several changes to the laws implemented following the 2008 financial crisis. The purpose of the bill is: "To promote economic growth,...
Search Results for: Hedges
Dog Eat Dawg: Louisiana May be Right, but that Doesn't Mean They're Right
In one of my favorite scenes from The Wire, the great HBO television series about crime, cops, and life in Baltimore, detectives Bunk Moreland and Jimmy McNulty sit in an interrogation room across the table from a young African American...
The Oklahoma Supreme Court ruled against a state cigarette tax on Thursday. The plaintiffs—cigarette companies, distributors, and smokers—argued that the $1.50 tax violated the state constitution. The majority agreed, saying that since the tax was...
Philip Morris ordered to pay legal fees to Australia government
The Permanent Court of Arbitration has published a decision that Philip Morris must pay substantial legal fees to the Australian government for a failed suit the tobacco company brought concerning cigarette packaging laws. In 2011 Australia,...
JURIST Guest Columnist Mark R. Killenbeck of the University of Arkansas School of Law discusses Alabama's HB 24 which allows adoption agencies to refuse to place foster children with same-sex couples according to religious beliefs ... In March 1967, a...
Supreme Court rules against relative tipping in insider trading case
The US Supreme Court ruled Tuesday in favor of the prosecution in an insider trading case involving the gifting of confidential information to a relative. Last year the US Court of Appeals for the Ninth...
US House committee agrees to release information for SEC insider trading investigation
The US Securities and Exchange Commission (SEC) and the House of Representatives Ways and Means Committee , as well as an ex-staff member, reached an agreement to provide requested material to the SEC in relation to an...
Federal appeals court rejects RJ Reynolds appeal over corrective warning statements
A federal appeals court ruled Tuesday against RJ Reynolds Tobacco Co.'s appeal citing that they waited too long. Reynolds appealed a decision by a federal judge who rules that Reynolds was required to...
The US Securities and Exchange Commission (SEC) set new rules on Thursday establishing new liquidation risk management rules for mutual funds and exchange-traded funds (ETF). The industry will now be required to establish...
Hedge fund firm Och-Ziff to pay $412 million in criminal penalty and damages
Hedge fund manager Och-Ziff Capital Management Group LLC (Och-Ziff) has agreed to pay a $412 million settlement, of which up to $213 million are criminal penalties imposed in connection with a widespread scheme involving the...