Daily Archives: December 20, 2018, 2:53 pm

Republican frustrations grow as SEC chair proves frequent ally of Democrats | Reuters

While the former Wall Street lawyer represents a step to the right from his Democrat-picked predecessor, many Republicans and industry lobbyists say he is not being aggressive enough in pursuing President Donald Trump’s business-friendly agenda. “The relationship…hasn’t been one where we’re exactly on the same page, but we’re communicating,” said Republican Representative Bill Huizenga, who chairs the House of Representatives…

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Baker & Hostetler Steps In for Marriott in Data Breach Class Actions | Law.com

On Tuesday, Baker & Hostetler’s Daniel Warren, a partner in Cleveland, filed a court appearance to represent Marriott before the U.S. Judicial Panel on Multidistrict Litigation, which is hearing arguments on Jan. 31 in Miami over whether to coordinate the cases spurred by the event. Lawyers have filed about 50 class actions since the breach, which compromised personal information such as the…

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The SEC ALJs: A Six-Month Checkup | Bloomberg Law

The existential threat to administrative enforcement has largely devolved into a bureaucratic annoyance since last June. While another Supreme Court securities enforcement decision, Kokesh v. SEC, fundamentally changed the way the SEC selects cases to prosecute, Lucia has basically become a problem of resource allocation that will eventually fade into the sunset as the remanded cases become final. Until the…

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