U.S. House Representative Pramila Jayapal introduced companion legislation to Senator Elizabeth Warren's wide-ranging Senate "Anti-Corruption" bill. The stated purpose of the Act is to eliminate the "dominance of money in federal decisions."
The Office of Management and Budget found that (i) agencies' responses to cybersecurity threats are "not consistently implemented," and (ii) the loss or theft of government computers and physical storage media is the single biggest cybersecurity threat to federal agencies.
Cadwalader attorneys examine the significance of two orders issued on February 5, 2016 by the U.S. Department of Energy Office of Fossil Energy concerning applications involving liquefied natural gas exports from Eastern Canada to global markets.
In a paper titled "Central Clearing: Trends and Current Issues," Bank for International Settlements ("BIS") officials identified increased systemic risks due to central clearing. Head of Policy Analysis Dietrich Domanski, Research Adviser Leonardo Gambacorta and Secretariat of the Committee on Payments and Market Infrastructures Cristina Picillo discussed the implications of central clearing for the financial system under normal and stressed conditions.
An administrative law judge dismissed an insider trading case brought by the SEC against a trader at an investment bank. The case examined the personal benefit prong of the "misappropriation theory". The inside information was provided by a research analyst at the bank and concerned an imminent...