The Nasdaq Stock Market has moved to rescind its rule requiring companies to have a certain number of female and minority board directors. This is the latest blow to corporate diversity, equity, and inclusion initiatives, as the rule was defeated in court… The rule was approved by the SEC in 2021, but promptly challenged by…

The U.S. Supreme Court is preparing to weigh in on the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirements. This decision follows a contentious legal battle, with federal courts temporarily halting enforcement of the act, leaving small business across the country in limbo. Currently, the CTA’s enforcement is paused due to a…

In the continuing saga of the fate of the Corporate Transparency Act, the New Civil Liberties Alliance filed an amicus curiae brief with the Supreme Court on Jan. 13, 2025, in Garland v. Texas Top Cop Shop. The brief urges the court to reject the government’s request to stay a preliminary injunction against the enforcement…

When Michael and David Sztrom settled with the SEC in 2022 over alleged fraud, they thought they were free to resume their advisory practice, according to a federal lawsuit…

One of the constitutional challenges facing the Public Company Accounting Oversight Board came to an end Tuesday after the board informed a Texas court that it would not pursue an enforcement action against the accounting firm at the center of the case…

The State Department has crafted plans to distribute staffers from a shuttered office accused of censoring conservatives to a new internal “hub” that will coordinate its activities, according to documents obtained by the Washington Examiner… “Given the evidence shows that the GEC has long ignored its congressional mandate to focus solely on foreign disinformation, its continuation under a so-called hub…