SEC Revises Tick Size, Access Fees and Round-Lot Definition and Takes Steps to Disseminate Odd-Lot and Other Better Priced Orders
On September 18, the Securities and Exchange Commission (SEC or the Commission) adopted amendments to Rule 612 (Tick Sizes) and Rule 610 (Access Fees) under Regulation NMS under the Securities…
Psilocybin More Effective In Treating Depression Than SSRIs, Study Finds
A new study compares psilocybin — the active compound in magic mushrooms, with a common antidepressant medication. During 6 months of follow up, both drugs effectively improved depressive symptoms. Psilocybin,…
Temporary Injunctive Relief for Nondebtors in Bankruptcy Court Post-Purdue Pharma
In June, in Harrington v. Purdue Pharma L.P., 144 S. Ct. 2071 (2024), the Supreme Court held that the Bankruptcy Code does not, as part of a bankruptcy plan, allow nondebtors to…
Dow Jones Today: S&P 500 Hits Record High as Major Indexes Rise in Afternoon Trading
Micron Price Levels to Watch Ahead of Earnings Report 40 minutes ago Micron (MU) shares were about 1% higher in afternoon trading Tuesday, gaining ground for the fourth straight session,…
Excessive Alcohol Use Linked with Higher Risk for 6 Types of Cancer
Six types of cancer have been linked with excessive alcohol consumption, including breast, colorectal, and liver cancer, research shows. In 2019, 5.4% of cancers in the United States were attributed…
A Study in THC-O: Unpacking the Recent Anderson Case
Recently, the United States Court of Appeals for the Fourth Circuit handed the Drug Enforcement Administration (“DEA”) a big loss when it comes to hemp. In Anderson v. Diamondback Investment Group,…
California Poised to Further Regulate Artificial Intelligence by Focusing on Safety
Looking to cement the state near the forefront of artificial intelligence (AI) regulation in the United States, on August 28, 2024, the California State Assembly passed the “Safe and Secure…
Dow Jones Today: Stock Gains Moderate as Dow Retreats After Hitting Record High
Super Micro Computer Levels to Watch as Stock Split Looms 1 hr 44 min ago Super Micro Computer (SMCI) shares are on the rise again Monday after a big gain…
Walgreens Settles for $106.8 Million Over FCA Violations
On September 13, the US Department of Justice (DOJ) announced that Walgreens Boots Alliance Inc. and Walgreen Co. (collectively, Walgreens) agreed to pay $106.8 million to resolve allegations of violating…
End of Summer Pool Party: CFTC Approves Final Rule Amending 4.7 Regulatory Relief for CPOs and CTAs
On 12 September 2024, the Commodity Futures Trading Commission (CFTC) published a Final Rule impacting registered commodity pool operators (CPOs) and commodity trading advisors (CTAs) relying on the regulatory relief provided under…