Remove agencies u-s-senate
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Davis Polk Discusses Rulings on Fed’s Denial of Master Accounts to Custodia and PayServices

Reynolds Holding

The magistrate also held that the FRBSF is not an agency of the U.S. We also discuss the additional ruling in the PayServices case that the FRBSF is not an agency of the U.S. While the Custodia case was pending, then-Senator Pat Toomey proposed legislation on master account access. government.

Banking 45
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“Shadow Trading” Becomes Insider Trading

Reynolds Holding

Having already rejected Panuwat’s arguments on materiality and scienter, as discussed above, the court commented that, “[s]cienter and materiality provide sufficient guardrails to insider trading liability.” [17]. Challenges of a “Shadow Trading” Regime. Trading Like an Analyst. The Panuwat ruling comes amid recent calls for clarity.

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FTC Chair Khan on the Enforcement Policy Regarding Unfair Methods of Competition

Reynolds Holding

When Congress passed the FTC Act in 1914, it didn’t just create a new agency. It created new law for that agency to enforce. 5 A 1913 Senate committee report stated that Sherman Act cases had become “impossible to predict” and called for legislation “establishing a commission for the better administration of the law.”6.