AI models are helping investors speed up analysis of lengthy corporate filings while savvy companies are exploiting the weaknesses of the new tools.
The SEC’s decision to rescind its “gag rule"—a core element in more than a half century of enforcement settlements barring Wall Street defendants from publicly denying the regulator’s allegations—means it’s still able to push for tough terms in those deals, securities lawyers warned.
Australia’s professional standards authority acted “irrationally” when it approved a cap on liability claims against accountants, a former KPMG partner alleges in a court case that could have significant consequences for the Big Four firms.
A law firm, an auditor, and an alleged promoter of the FTX cryptocurrency reached settlements with people who lost money through the exchange’s failure, with Fenwick & West LLP agreeing to pay a class of digital asset and account holders $54 million.
Companies in the US are wary of saying too much about one particular nugget of good news for their bottom line and
Utilities and other rate-regulated companies can recoup infrastructure and other big expenses in their accounts over the period when they are incurred, rather than waiting for regulators to allow them to raise prices, under a new international accounting standard.
Mozambique is disputing $2 billion in costs that
India is undertaking tests of some of its most sensitive public-facing financial and government application software to better understand their vulnerabilities to Anthropic PBC’s next-generation Mythos AI model, according to Indian officials familiar with the matter.
The
The
FTSE Russell adopted a rule change that will speed the addition of newly listed large-cap companies to its main indexes, weeks ahead of
The US government has joined the line of creditors impacted by alleged fraud at bankrupt auto-parts maker
Bankrupt marine animal parks operator Dolphin Co. is seeking to claw back millions of dollars it said were improperly used to pay for its former CEO’s luxury high-rise penthouse in Miami.
A law firm, an auditor, and an alleged promoter of the FTX cryptocurrency reached settlements with people who lost money through the exchange’s failure, with Fenwick & West LLP agreeing to pay a class of digital asset and account holders $54 million.
Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a
Two federal court cases are serving as the testing grounds for when certain kinds of newly created cryptocurrency become taxable income, in an area where some legal observers say regulators haven’t yet established clear rules.
Cryptocurrency firm
Fireworks AI, a startup that helps companies run artificial intelligence models, is in talks to raise a new round of funding that would value the company at $15 billion, according to people familiar with the matter.
The
The
Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas:
