Author: Michael Starmer

Recent Federal Court of Appeals’ Ruling Calls Into Question the Authority of FINRA Hearing Officers

24.10.2023 in Securities Attorneys (Exchange Act)

The U.S. Court of Appeals for the District of Columbia Circuit issued an order on July 5, 2023 in Alpine Securities Corp. v. FINRA that calls into doubt the authority of the Financial Industry Regulatory Authority (FINRA) to conduct enforcement actions. That order granted a…

Supreme Court to Address the Actionability of Corporate Omissions

19.10.2023 in Securities Attorneys (Exchange Act)

Recently the U.S. Supreme Court granted certiorari in the case of Macquarie Infrastructure Corporation v. Moab Partners, L.P. to address whether a private party can sue a company under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 based on its…