The Securities and Exchange Commission is deploying a massive government database—the Consolidated Audit Trail, or CAT—that monitors in real time the identity, transactions and investment portfolio of everyone who invests in the stock market. As SEC Commissioner Hester Peirce describes it, by allowing the commission to “watch investors’ every move in real time,” CAT will make it…

Three doctors urged the U.S. Supreme Court to take up a case challenging Michigan State University’s vaccine mandate after the Sixth Circuit backed the suit’s dismissal, arguing that the circuit court should have applied a stricter standard when considering whether the government could interfere with patients’ medical decisions…

President Joe Biden offered details of a sweeping alternative student debt plan that would offer relief to tens of millions of American borrowers during a visit to the college town of Madison, Wisconsin, as he seeks to excite young voters frustrated after his original program was struck down by the Supreme Court. Biden’s “Plan B” would see…

April 5 (Reuters) – U.S. Circuit Judge Pauline Newman asked a Washington, D.C., federal court on Friday to reject a bid from her fellow judges on the U.S. Court of Appeals for the Federal Circuit to end her lawsuit over their decision to suspend her from the bench… A spokesperson for the Federal Circuit declined…

The Securities and Exchange Commission is pausing implementation of a rule that would have forced companies to disclose their climate impact, citing court cases challenging the legality of the administrative action. “The Commission has discretion to stay its rules pending judicial review if it finds that ‘justice so requires,’” the SEC wrote in a legal filing…

The settlement policy of the U.S. Securities and Exchange Commission does not allow settling while denying the allegations the commission has brought against the defendant or respondent… Mike Blankenship is a partner and Regina Maze is an associate at Winston & Strawn LLP. The opinions expressed are those of the author(s) and do not necessarily reflect the views of…