‘Arbitrary and capricious’ strikes again
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A federal appeals court took on...
Capricious
Coinbase challenges SEC in court over ‘arbitrary and capricious’ rule making rejection
Coinbase has strongly criticized the Securities and Exchange Commission (SEC) for rejecting its rulemaking petition, labeling the decision “arbitrary and...
D.C. Circuit reverses SEC ruling on SPIKES futures, calls it “arbitrary and capricious”
The U.S. Securities and Exchange Commission (SEC) suffered another setback on July 28 as the D.C. Circuit overturned a ruling...
Democratic congressman Ritchie Torres calls Gensler’s SEC ‘arbitrary and capricious’
Democratic House of Representatives member Ritchie Torres criticized the U.S. Securities and Exchange Commission (SEC) and advocated for new laws...
Labor Dept. Crypto Guidance is “Arbitrary and Capricious,” ForUsAll Lawsuit Alleges
The Department of Labor in March published compliance assistance for 401(k) plans considering crypto investments Fidelity revealed in April that...