LawCommentary
In New Role at Airbnb, Biden Chief of Staff Continues Gaslighting Conservatives
Ron Klain is the eye of the storm. Again. Klain, who served as chief of staff to former President Joe Biden, moved to the private… Read More
LawCommentary
The Insider Trading Game on Capitol Hill Must Stop
Members of Congress get a number of generous benefits from their positions. They earn $174,000 annually (nearly three times the salary of the average American),… Read More
SocietyCommentary
McKinsey Study That Spawned Corporate DEI Programs Unravels
As the wind slowly goes out of the sails of corporate diversity, equity, and inclusion programs, it’s worth noting just how much purveyors of this… Read More
EconomyCommentary
Dell Shareholders Reject Free Market Proposal to Stop Donating to LGBTQ Agenda
Shareholders who recoil at the specter of self-described human rights activists partnering with corporations to promote “gender transition” surgeries had the opportunity to make their… Read More
LawCommentary
Supreme Court Deals Major Blow to the Administrative State
The Constitution separates power, the administrative state fuses it. The Constitution gives Congress the power to make law, the president the power to enforce law,… Read More
LawCommentary
Legal Challenges Follow SEC Adoption of Costly, Burdensome Climate Rule
The Securities and Exchange Commission on Wednesday adopted a final rule to require public companies to disclose climate-related information in financial statements and other reports… Read More
EnergyNews
Red States Slap Biden’s Latest Climate Rule With Legal Challenge Within Hours of It Going Live
A coalition of red states announced Wednesday that it is challenging the Biden administration over its fresh corporate emissions and climate disclosure rule, just hours… Read More
LawNews
Supreme Court Case Has Implications for Elon Musk’s Subpoena Fight With SEC
Congress created and empowered the Securities and Exchange Commission to help enforce U.S. securities laws. The SEC’s unique structure and broad powers have long been… Read More
PoliticsNews
State Treasurers Push Back on SEC’s Rushed Pro-ESG Policy
A letter from 21 state financial officials is urging the Securities and Exchange Commission to postpone a rule creating a new type of company designed… Read More
LawNews
EXCLUSIVE: Shareholder Arrested After Remarks About Gates and Epstein Files SEC Complaint Against Buffett’s Berkshire Hathaway
FIRST ON THE DAILY SIGNAL—A government and corporate watchdog group filed a complaint Tuesday with the Securities and Exchange Commission against Berkshire Hathaway in connection… Read More
LawCommentary
Is Right to Jury Trial Itself on Trial in Hedge Fund Manager’s Case Before Supreme Court?
Will ill-advised precedent or fundamental constitutional principles prevail when the right to a jury trial is at stake? After two hours of oral argument Wednesday… Read More
LawCommentary
5 Cases to Watch in Supreme Court’s 2023-24 Term
School isn’t the only thing back in session this fall. The Supreme Court will resume hearing cases when its new term begins Oct. 2. So,… Read More
LawCommentary
3 Supreme Court Cases Could Shake Up the Administrative State
The major theme of the coming Supreme Court term is administrative law. Once obscure, this body of statutes, rules, and cases governing the structure and… Read More
EconomyCommentary
Battle Between Crypto and SEC Far From Over
June proved to be a momentous month for the cryptocurrency industry, but not in a good way. With Sam Bankman-Fried’s fall from grace and his… Read More
EconomyAnalysis
China Entrepreneurs Seek Economic Freedom in U.S.
Alibaba, the Chinese e-commerce giant whose sales top eBay and Amazon combined, chose the U.S. as the location for its initial public offering (IPO) last… Read More
Financial Regulator Considers New Cybersecurity Regulations
The Securities and Exchange Commission (SEC) announced an initiative last week to examine the cybersecurity of 50 security brokerages. The initiative is a detailed, high-level… Read More
Regulation A+ Proposed Rule Needs Work
The Securities and Exchange Commission (SEC) is to be commended for recognizing the debilitating problems with the existing Regulation A, but unless the proposed rule… Read More
SEC Continues Clash with Financial Stability Oversight Council
The 2010 Dodd–Frank Act is a colossal regulatory mess that gave us, among other things, a new set of turf battles among regulators. The latest… Read More
SEC Crowdfunding Rules Need Work
“Going public” now costs a company about $2.5 million. This money is spent on lawyers, accountants, and other expenses to meet the registration requirements of… Read More
Lack of Resources Is Not the Reason for SEC Tardiness
During a recent House Financial Services Committee mark-up, a number of members complained that the Securities and Exchange Commission (SEC) was “slow walking” the regulations… Read More
Regulation D Rule Would Harm Entrepreneurs and Economic Growth
The Securities and Exchange Commission (SEC) has proposed a rule that would impede capital formation, job creation, innovation, productivity improvement, and economic growth by making… Read More
JOBS Act: Crowdfunding Moves Forward
The Jumpstart Our Business Startups (JOBS) Act, passed in April 2012 with huge bipartisan majorities, was designed to substantially reduce the regulatory burden on entrepreneurs… Read More
Tales of the Red Tape #39: Swapping Wealth Creation for Regulatory Claptrap
Not many people know the meaning of “swap” (as in a financial hedge, not flea market). Only the most sophisticated investors actually understand the complexities… Read More
Obama Picks a Prosecutor: Mary Jo White Appointed to Head SEC
President Obama, moving quickly to complete the lineup for his second-term regulatory team, nominated attorney Mary Jo White yesterday to chair the Securities and Exchange… Read More
Chinese Investment: Stop Complaining
The Wall Street Journal and the Financial Times had front-page stories yesterday on the Securities and Exchange Commission suing the China subsidiaries of major accounting… Read More
Countrywide Gave VIP Loans to Top Policymakers, Regulators
The now defunct Countrywide Financial Corp. issued hundreds of discounted loans to government officials and Fannie Mae employees in order to build clout with influential… Read More
SEC Subpoenad CEO of Stimulus-Backed Electric Vehicle Company
The Securities and Exchange Commission filed a subpoena against electric vehicle company ECOtality in October of 2010, requesting documents relating to its investigation into insider… Read More
SEC Charges Reinforce Case for Eliminating Fannie Mae, Freddie Mac
The misguided federal policy to concentrate the U.S. mortgage finance industry in two huge government-sponsored entities was underscored again this morning when the Securities and… Read More
10 Years After Enron, Time to Throw Out Sarbanes–Oxley’s Section 404
Exactly 10 years ago today, the Enron Corporation filed for bankruptcy after it was revealed that it had blatantly falsified its earnings statements for many… Read More
Look Before You Regulate: Measuring the Costs of Financial Rules
You would think that any regulation that could affect a major part of the economy and cost industry and/or consumers millions of dollars to comply… Read More
