¼«ËÙÈü³µ: Capital Markets /capitalmarkets?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Capital Markets Copyright 2025 ¼«ËÙÈü³µ. en-US Mon, 16 Jun 2025 21:39:57 +0000 Maryland, Kalshi Clash Over Sports Contract Oversight /capitalmarkets/articles/2353620?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353620 Maryland regulators and KalshiEx are dueling over whether the trading platform's past battle with the U.S. Commodity Futures Trading Commission to list its election contracts complicates its current bid to block Maryland regulators from taking action over contracts that allow traders to wager on the outcome of sporting events. Mon, 16 Jun 2025 21:31:25 +0000 Consolidated SVB Class Action Survives 3 Dismissal Bids /capitalmarkets/articles/2353960?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353960 A California federal judge has rejected three bids to dismiss a proposed shareholder class action against Silicon Valley Bank's brass, underwriters and auditor stemming from the bank's 2023 failure, finding the plaintiffs' "well-pleaded" allegations can continue. Mon, 16 Jun 2025 21:31:00 +0000 Telecoms Shareholder Gets Sanctions Lifted In Control Fight /capitalmarkets/articles/2353919?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353919 A New York federal judge has vacated his order sanctioning an investor in telecommunications infrastructure firm Continental Towers LATAM Holdings Ltd. for ignoring arbitral awards issued in a bitter, yearslong dispute over control of the company, saying the man wasn't properly served. Mon, 16 Jun 2025 21:12:34 +0000 Catching Up With Delaware's Chancery Court /capitalmarkets/articles/2354110?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2354110 Delaware's Court of Chancery this past week sought answers in the high-stakes battle over the constitutionality of newly enacted Delaware corporation law amendments, which will hitch a ride to the state's Supreme Court via a suit contesting a $117 million acquisition of Clearway Energy Inc. by its majority shareholder. Mon, 16 Jun 2025 21:11:28 +0000 CFTC Founding Chair Bagley Dies At 96 /capitalmarkets/articles/2354081?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2354081 The U.S. Commodity Futures Trading Commission's first chair, William T. Bagley, has died at the age of 96. Mon, 16 Jun 2025 20:48:29 +0000 Canadian Atty Must Pay SEC $323K Over Stock Promotion /capitalmarkets/articles/2353362?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353362 A Canadian securities attorney will pay over $323,000 to resolve U.S. Securities and Exchange Commission allegations that he drafted and executed sham consulting agreements at the heart of a scheme to conceal pay-for-play promotion of two so-called Regulation A offerings. Mon, 16 Jun 2025 19:15:04 +0000 Trump Media Seeks To Launch Bitcoin And Ethereum ETF /capitalmarkets/articles/2353761?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353761 Trump Media and Technology Group Corp., the owner of President Donald Trump's platform Truth Social, on Monday said it filed paperwork to launch an exchange-traded fund that will invest in bitcoin and ethereum, marking its latest push into digital assets. Mon, 16 Jun 2025 18:49:53 +0000 Opendoor Investors Score $39M Deal In Hyped Algorithm Suit /capitalmarkets/articles/2353956?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353956 Real estate firm Opendoor Technologies Inc. has agreed to pay $39 million as part of an investor settlement presented to an Arizona federal court for preliminary approval to resolve litigation accusing the company of overhyping its pricing algorithm software. Mon, 16 Jun 2025 17:09:10 +0000 Two Bills Promise A Crypto Revamp, But Not A Done Deal Yet /capitalmarkets/articles/2353477?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353477 Recent efforts in Congress toward an updated regulatory framework for digital assets have led to two bills — the GENIUS Act and the CLARITY Act — that represent the most consequential legislative developments yet in the push for coherent, pro-innovation, reliable regulation for the industry, but both face multiple hurdles, says Mike Katz at Manatt. Mon, 16 Jun 2025 16:54:53 +0000 Crypto Platform Tron Eyes Public Listing Via Reverse Merger /capitalmarkets/articles/2353855?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353855 China-based cryptocurrency platform Tron plans to go public through a reverse merger with Nasdaq-listed toy manufacturer SRM Entertainment Inc., both parties announced on Monday, supported by a $100 million investment arranged by a bank linked to President Donald Trump's family. Mon, 16 Jun 2025 16:10:09 +0000 2 NY Rulings May Stem Foreign Co. Derivative Suits /capitalmarkets/articles/2352907?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2352907 In recent decades, shareholders have challenged the internal affairs doctrine by bringing a series of derivative actions in New York state court on behalf of foreign corporations, but the New York Court of Appeals' recent rulings in Ezrasons v. Rudd and Haussmann v. Baumann should slow that trend, say attorneys at Cleary. Fri, 13 Jun 2025 21:03:42 +0000 More IPO Prospects Ready To Test Market After Chime's Debut /capitalmarkets/articles/2353305?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353305 A venture-backed cancer diagnostics firm and a home insurer are preparing two initial public offerings that could raise $720 million combined next week, joining an energized IPO market following fintech startup Chime Financial Inc.'s debut. Fri, 13 Jun 2025 20:42:43 +0000 Gotbit To Pay $23M For Crypto Market Scheme /capitalmarkets/articles/2353333?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353333 Crypto trading firm Gotbit Consulting LLC was ordered to forfeit approximately $23 million in seized cryptocurrency and sentenced to a five-year probation term in the government's suit accusing it of market manipulation, while its founder received an eight-month term. Fri, 13 Jun 2025 20:10:54 +0000 SEC Scrubs Biden-Era Agenda To Give Atkins A 'Clean Slate' /capitalmarkets/articles/2353229?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353229 The U.S. Securities and Exchange Commission is backing away from promised Biden-era regulations on cybersecurity risk management, environmental disclosures and equity market reform, withdrawing over a dozen rule proposals as newly appointed Chair Paul Atkins seeks to rewrite the agency's agenda. Fri, 13 Jun 2025 20:01:04 +0000 Ex-Vinco Ventures Chair Inks SEC Deal Over Investor Fraud /capitalmarkets/articles/2353189?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353189 A former chairman of media and technology company Vinco Ventures Inc. who in April copped to lying about company operations and secretly ceding control of the business to his romantic partner has reached an agreement to end parallel U.S. Securities and Exchange Commission allegations. Fri, 13 Jun 2025 20:00:04 +0000 Quinn Emanuel Drops Binance Founder Amid $8M Fraud Suit /capitalmarkets/articles/2353507?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353507 Quinn Emanuel Urquhart & Sullivan LLP has withdrawn as counsel for the founder of Binance amid an $8.1 million lawsuit against him, telling a Massachusetts federal judge that the former cryptocurrency exchange executive has breached an agreement with the law firm and moved for arbitration against it. Fri, 13 Jun 2025 18:05:03 +0000 SEC, Ripple Again Ask NY Judge To Approve Settlement /capitalmarkets/articles/2353301?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353301 The U.S. Securities and Exchange Commission and Ripple Labs Inc. have again urged a New York federal judge to approve lower penalties against the blockchain company citing "exceptional circumstances," following the judge's previous rejection of the joint request on procedural grounds. Fri, 13 Jun 2025 17:52:56 +0000 Con Man Galanis Can't Get $2M Back, Despite Trump Clemency /capitalmarkets/articles/2352548?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2352548 A New York federal judge denied convicted fraudster Jason Galanis' request to halt restitution payments and recover $2.17 million in forfeited assets, ruling that President Donald Trump's reduction of his sentence applied only to future obligations. Fri, 13 Jun 2025 17:13:17 +0000 Ichor, Orthofix CEOs Face Suits Over 'Short-Swing' Gains /capitalmarkets/articles/2353178?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2353178 The CEOs of semiconductor manufacturing company Ichor Holdings Inc. and orthopedic solutions company Orthofix Medical Inc. were hit with suits alleging they owe "short-swing" profits to their respective companies after buying and selling company stock within a six-month period. Fri, 13 Jun 2025 16:02:48 +0000 Ore. Coinbase Case Charts New Path For State Crypto Suits /capitalmarkets/articles/2347437?utm_source=rss&utm_medium=rss&utm_campaign=section /capitalmarkets/articles/2347437 Oregon's recent lawsuit against Coinbase serves as a reminder for the crypto industry that not all states will simply defer to the U.S. Securities and Exchange Commission's evolving stance on crypto-assets, highlighting why stakeholders should proactively assess the risks posed by state-level litigation and develop strategies to address distinct challenges, say attorneys at Steptoe.