BY: Megan R. Miller, RBFL Student Editor “Finfluencer” activity has exploded in recent years, especially during the COVID-19 pandemic. According to Bloomberg Wealth, “finfluencers” are online personalities who share financial advice, particularly on social media. Social media platforms like YouTube, TikTok, and Instagram are full of young people offering investment, budgeting, and other financial advice […]
BY: Aspen Schneider, RBFL Student Editor Throughout its eight years of operation, Robinhood has faced many problems. The company has been penalized by multiple regulatory bodies for a variety of offenses. In response to the penalties, Robinhood has made hopeful additions to the board of directors and made various improvements within the platform. However, regardless […]
BY: Jacob Robart, RBFL Student Editor Motivated by strong investor demand, the Securities and Exchange Commission is expected to announce new rules for climate-related disclosures. In crafting a new climate disclosure framework, the SEC will be guided by the principles of consistency and comparability while seeking to mandate disclosures that will be decision useful to […]
BY: Melissa Pereira, RBFL Student Editor Cryptocurrency (“Crypto”) financial technology may be the future of transacting. However, there are regulatory obstacles to overcome before widespread adoption and usage can be achieved. My developmental article extensively discusses these regulatory obstacles, the need for a clear regulatory framework of crypto, Wyoming’s leadership in implementing crypto-friendly regulation, as […]
BY: Margaux Arntson, RBFL Student Editor The COVID-19 pandemic (“pandemic”, “COVID-19”) and countries’ responsive containment measures brought shockwaves to the world, especially to worldwide supply and demand. The pandemic disrupted global production networks, leaving many countries’ economies in turmoil. This environment presented opportunistic buyers with the chance to acquire or invest in foreign sectors and […]
BY: Kaden Killpack, RBFL Student Editor In the last decade, cryptocurrency investment and exchanges have skyrocketed. Popularity has surged because of the widespread use of the internet, transaction speed, and reliability. Cryptocurrency is bought, sold, mined, and traded over the internet through a network of thousands of computers. There is no centralized server that holds […]
By: Ashley Riley, RBFL Student Editor This past Fall, the SEC finalized amendments to Exchange Act Rules regarding proxy voting advice and solicitation, as well as shareholder proposals. Amendments to section 14a-1(l) of the Exchange Act will explicitly define the services rendered by proxy advisors as “solicitation.” This will make it illegal to solicit proxy […]
By: Daniel Altshuller, RBFL Student Editor On May 14, 2018 the Supreme Court found in Murphy v. National Collegiate Athletic Association that the Professional and Amateur Sports Protection Act (PASPA) was unconstitutional. PASPA was a Federal law that prohibited States from allowing sports betting. PASPA was unconstitutional because it violated the anti-commandeering doctrine which restricts […]
By: Owen Marks, RBFL Student Editor Since its creation by President Ford in 1975, the Committee on Foreign Investment in the United States (“CFIUS”) has toed the line between fostering economic growth and ensuring that U.S. national security priorities remain unthreatened by foreign investment. With the enactment of the Foreign Investment Risk Review Modernization Act […]
By: Lily Ramin, RBFL Student Editor In recent years, cryptocurrency has grown exponentially.[1] Still, until recently, due in part to a lack of regulatory guidance, banks had been uncertain about their ability to engage with cryptocurrency legally. However, in 2020, the Office of the Comptroller of the Currency (OCC) published two interpretative letters, essentially giving […]