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Tag Archives: Securities and Exchange Commission

US regulators say they don’t have enough power over cryptocurrency exchanges

WASHINGTON – Two of the nation’s top financial regulators said Tuesday that Congress may need to grant them new powers if they are to protect consumers from fraud on cryptocurrency exchanges, the digital trading platforms where investors swap dollars for ...

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Second Circuit — Securities and Exchange Commission: Altman v. U.S. SEC

U.S. Court of Appeals for the Second Circuit Securities and Exchange Commission Debarment — Jurisdiction Altman v. United States Securities and Exchange Commission 11-2074 Judges Hall, Carney and Scheindlin Background: The plaintiff appealed from the dismissal of his complaint for ...

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U.S. Supreme Court nixes shareholders’ 10-b claim

A service management company cannot be liable under Securities and Exchange Commission Rule 10b-5 for alleged securities violations of the mutual funds it sponsors, the U.S. Supreme Court has ruled. The case was a class action brought by shareholders ...

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