...In no time flat, there were proposals and bills banning the devices, proposals that sometimes went well beyond just bump stocks. President Trump eventually decided to ban them via executive order, thus negating any push for federal regulations. However, some still...
The National Center for Public Policy Research, a conservative think tank advocating free market policies, sued the U.S. Securities and Exchange Commission (SEC) on Tuesday after it approved the Nasdaq’s controversial “diversity” rule. The policy attempts to avoid the...
On Sept. 27, 2021, the U.S. Court of Appeals for the Second Circuit rejected the most recent legal challenge to the Securities and Exchange Commission’s (SEC) practice of using “no-deny” consent agreements to resolve civil enforcement actions. This practice allows...
The New Civil Liberties Alliance filed an amicus brief with the United States District Court for the Northern District of Texas, Amarillo Division, in support of the Texas, Mississippi, and Louisiana attorneys general in the states’ dispute with the U.S. Treasury...
...The National Center for Public Policy Research on Tuesday submitted a petition with the U.S. Court of Appeals for the Third Circuit to review the regulations the Securities and Exchange Commission approved Aug. 6. Another group, the Alliance for Fair Board...
A New Hampshire man urged the First Circuit on Tuesday to revive his suit challenging the IRS' procurement of his records from cryptocurrency platforms, saying federal law prohibiting suits that restrain ... Read the full article
...In another brief filed in support of the states the same day, limited government advocacy group New Civil Liberties Alliance argued that Congress cannot purchase states' sovereign taxation power. The group also repeated the states' argument that the mandate...
A new petition has been filed challenging the Nasdaq board diversity rule (see this PubCo post). The National Center for Public Policy Research filed the petition on Tuesday with the U.S. Court of Appeals for the Third Circuit, but asked the court to transfer the...
It’s no secret that the Internal Revenue Service suspects thousands of cryptocurrency users of underreporting their tax liability. In 2017, the IRS won a ruling that granted the government access to transaction records belonging to more than 10,000 customers of the...
An attorney told a three-judge panel at the Fifth Circuit Court of Appeals Wednesday afternoon that a federal judge in Texas was mistaken in finding last year that the Bureau of Alcohol, Tobacco, Firearms and Explosives had authority to outlaw bump stocks that enable...