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Hedge fund operator can seek to recoup defense costs from SEC
An investment adviser who was found liable for violating federal securities laws may be entitled to attorneys’ fees and costs he incurred defending against what he characterized as an excessive demand by the U.S. Securities and Exchange Commission the 1st U.S. Circuit Court of Appeals has ruled…
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6th Circ. Urged To Revive Suit Over Student Loan Freeze

A Michigan think tank has urged the Sixth Circuit to revive its challenge to a Biden-era student loan forgiveness program during the COVID-19 pandemic, telling the appellate court that a district judge was wrong to find it didn’t have standing…
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US Asks CIT for Stays of Remaining IEEPA Tariff Suits; Importers Push Back

The U.S. has asked the Court of International Trade to stay the remaining cases on its docket challenging tariffs imposed under the International Emergency Economic Powers Act pending its appeal of the trade court’s recent decision vacating all tariffs thus far imposed under IEEPA. The government argued that a stay is “warranted,” since “an appellate ruling would be…
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Infant cushion safety rule challenged in D.C. Appeals Court

The U.S. Consumer Product Safety Commission routinely passes new rules to protect consumers from various safety risks, a process that sometimes doesn’t go over well with the manufacturers of those products. Such is the fate of a rule enacted on May 5 to protect infants from suffocating. The commission took the action after it found…
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Free Speech Lawsuit Challenges University of Tennessee Mandate That Research Be ‘Culturally Appropriate’

Witnessing the life-and-death cultural roadblocks experienced by Ethiopian women in the United Arab Emirates (UAE) moved Idil Issak to advocate for them. That is why she is seeking a Ph.D. in anthropology from the University of Tennessee-Knoxville. But now the school’s “unconstitutional licensing scheme” threatens to prevent her from using her free speech rights to…
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A Top Antitrust Enforcer Is Open To Prosecuting People Who Disagree With Him

The Federal Trade Commission’s (FTC) Mark Meador recently insinuated that his agency may investigate nonprofits and academic institutions that object to antitrust enforcement actions without disclosing their donors for deceptive practices. While Meador may think it’s OK to probe parties for disagreeing with him, the FTC’s consumer protection remit does not sanction prosecuting those who…
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