Tuesday, September 17, 2013

At the SEC, No Admit, No Deny Lives On

NEwS FROM WASHINGTON

• At the SEC, No Admit, No Deny Lives On

• Judge: Judiciary Planning for 'Worst-Case Scenario' on Budget Cuts

• Judge Unseals Information on Guantanamo Counsel Access

• FTC Upping Scrutiny of Online Advertising

• Firm Objects to Criticisms of its Handling of BP Claims

• Study: FDIC Lawsuits Against Bank Executives Balloon

At the SEC, No Admit, No Deny Lives On

J.P. Morgan Chase & Co. may be required to admit wrongdoing to settle U.S. Securities and Exchange Commission charges over its "London Whale" trading losses, but the agency today made it clear that no admit, no deny settlements are still... Read More »

Judge: Judiciary Planning for 'Worst-Case Scenario' on Budget Cuts

The Judicial Conference of the United States announced new cost-cutting measures today in anticipation of continued budget cuts, including reducing the amount of courthouse space being used and advocating for legislation that would give judges more discretion at sentencing to... Read More »

Judge Unseals Information on Guantanamo Counsel Access

A Washington federal judge today unsealed new information in a dispute over access to counsel at the detention center at Guantanamo Bay. In response to a motion filed by a reporter, U.S. District Senior Judge Royce Lamberth ordered the full... Read More »

FTC Upping Scrutiny of Online Advertising

Ads that companies inconspicuously integrate into Twitter, news websites, and other digital platforms are getting new scrutiny from the Federal Trade Commission. The U.S. government's consumer watchdog announced Monday that it will hold a December 4 workshop in Washington, D.C.,... Read More »

Firm Objects to Criticisms of its Handling of BP Claims

A Virginia law firm plans to object to a special master's criticism of its role in the distribution of claims on the $9.6 billion settlement with BP PLC over the Deepwater Horizon oil spill. Read More »

Study: FDIC Lawsuits Against Bank Executives Balloon

As of August 8, the number of lawsuits filed by the FDIC against directors and officers at failed banks outpaced totals for each year since 2010, according to a report released Monday by Cornerstone Research Inc. Read More »

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