Daily Archives: July 9, 2024, 11:27 am

Big Deal / Little Deal: Why the U.S. Supreme Court’s Loper Bright Opinion Is a Gamechanger While Its Jarkesy Opinion Is Insignificant in Comparison

The final week of June was a big one for those who have been following what seems to be a constriction of federal agency power under Chief Justice Roberts.  A decision in Securities and Exchange Commission v. Jarkesy came on Thursday, June 27 followed by the Court’s decision in Loper Bright Enterprises v. Raimondo just the day after, on Friday,…

Read More

Paul Hastings Adds Former Federal Prosecutor to Investigations and White Collar Defense Practice in Chicago | Paul Hastings LLP

Further strengthening its premier global investigations and white-collar defense practice, Paul Hastings LLP today announced that former federal prosecutor and accomplished trial lawyer Renato Mariotti has joined the firm as a partner in Chicago. Source: Paul Hastings Adds Former Federal Prosecutor to Investigations and White Collar Defense Practice in Chicago | Paul Hastings LLP

Read More

After ‘Chevron’ deference, “respect”: ‘Loper Bright’ and agency policymaking | Reuters

From deference to respect What replaces Chevron deference is for “courts to do their ordinary job” of determining the “best reading” of the statute using all the traditional tools of statutory interpretation at their disposal. “Due respect” to an agency’s view remains one such tool. Reviewing courts should look to pre-Chevron approaches to agency cases, especially the Supreme Court’s 1944…

Read More

McDermott Adds Veteran Commercial Litigator in Los Angeles – McDermott Will & Emery

International law firm McDermott Will & Emery welcomes Brian Glennon as a partner in its Litigation Practice Group in Los Angeles. As an experienced trial lawyer, Brian brings a wealth of knowledge in complex commercial litigation, including securities fraud class actions, shareholder derivative lawsuits and US Securities and Exchange Commission (SEC) enforcement actions. He has also represented all of the…

Read More

Targeting white-collar crime, Justice Dept. seeks more whistleblowers – The Washington Post

Officials said they are modeling the new program after similar ones in two other federal agencies, the Securities and Exchange Commission and the Commodity Futures Trading Commission. The SEC received 18,000 tips in fiscal 2023, up nearly 50 percent from a year earlier, and paid a record $600 million to 68 whistleblowers. The CFTC received 1,530 tips and paid seven…

Read More

SEC Files Settled Charges Based on Alleged Cybersecurity-Related Control Deficiencies | The D&O Diary

In any event, well-advised companies seeking to avoid similar conflicts with the agency and trying to maintain adequate and appropriate cybersecurity reporting processes and procedures will want to review the agency’s cease and desist order carefully. In describing the ways in which the agency contends that RRD’s controls were inadequate, the agency inferentially suggests ways that companies’ internal reporting procedures…

Read More

Donald Trump’s Official Republican Platform Pledges to Halt Crypto ‘Crackdown’ in U.S.

Former President Donald Trump’s Republican Party has officially adopted a platform that would seek to support cryptocurrency innovation, according to the document released Monday by the Republican National Committee. The platform is meant to lay out the party’s priorities as presumptive presidential nominee Trump and Republican congressional candidates head into the November election, and it reflects Trump and other GOP…

Read More

Former Top CFTC Official Joins Milbank’s Litigation and Derivatives Groups

Milbank LLP is pleased to announce the addition of former senior Commodity Futures Trading Commission (CFTC) official Joshua (Josh) Sterling as a partner in Washington, DC. Mr. Sterling will guide the growth of the firm’s Litigation & Arbitration and Derivatives practice areas, as well as strengthen the White Collar Defense & Investigations practice. His practice will focus on regulatory and…

Read More