A federal judge dismissed class action charges filed by foreign exchange investors against sixteen banks for allegedly causing indirect harm due to a currency-rigging conspiracy.
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A three-judge panel of the Fifth Circuit Court of Appeals issued a ruling vacating the Department of Labor fiduciary rule.
The U.S. House Financial Services Subcommittee on Monetary Policy and Trade held a hearing to examine the operations and challenges of the Committee on Foreign Investment in the United States.
SEC Commissioner Robert J. Jackson, Jr. highlighted the increasing prevalence of cybercrime, its detrimental effect on public companies, and the need for corporate counselors and the SEC to collaborate more closely.
In an amicus brief filed with the U.S. Supreme Court, two law professors argue that the government's prosecution of a former trader for spoofing is based on a legal standard that is unconstitutionally vague.