Casey McClaren

Sep 29, 2023 | jdsupra.com | James Brady |Susan Light |Casey McClaren

On September 12, the Securities and Exchange Commission (SEC) filed a complaint in the Southern District of New York (SDNY) charging a large proprietary trading firm with making materially false and misleading statements and omissions regarding information barriers it had in place.1 The complaint alleges that two of the firm's businesses, a customer-facing trade execution service and a proprietary trading business, both had access to a database that contained all post-trade information...

Aug 2, 2023 | jdsupra.com | David Goldberg |Christian Kemnitz |Casey McClaren

The US Supreme Court recently issued a decision in Mallory v. Norfolk Southern Railway Co1 holding that a Pennsylvania statute requiring corporations to "consent" to suit in Pennsylvania courts in order to register to do business in Pennsylvania does not violate the Due Process Clause of the US Constitution.