In the midst of the engulfing digitization, financial services across the globe are transitioning towards expanding cryptocurrency custody services. With the pervasive spread of digital financial transactions, key issues have come to the fore, particularly with regard to the regulatory environment around crypto assets. A significant recent development has been seen in Singapore, where a…
In a recent and significant turn of events, the Securities and Exchange Commission (SEC) and its staff have undertaken a slew of actions that mandate reevaluation of risk tolerance from registered investment advisers (RIAs) for relatively routine business practices. These include marketing, custody and other procedures traditionally associated with the role of RIAs. August 21st…
In legal discourse, one aspect which must be prioritized in today’s COVID-19 era, is the question of custody rights and what remedies are accessible. With the pandemic throttling the Pennsylvania judicial system, a significant drop in the dispensation of legal cases have occurred in comparison to the Superior Court’s pre-COVID-19 paced dispatching of 7,500-8,000 filings…
On the anniversary of Mahsa Amini’s death, protests erupted across Kurdish regions in Iran, but these demonstrations were quickly silenced by an active crackdown by Iranian security forces. Local human rights organization, Kurdistan Human Rights Network, noted a significant number of arrests primarily targeting the families of those that fell victim during the “Woman, Life,…
On Friday, UN experts issued a formal appeal to Saudi Arabia, urging the revocation of the death sentence imposed on social media dissident, Mohammad Al Ghamdi. Ghamdi was taken into custody by Saudi security services on June 11, facing criminal allegations related to his online commentary, including “betrayal of religion, country, and leadership” and the…
As we approach the one-year anniversary of the death of Mahsa Amini, Iranian authorities have escalated their presence in cities nationwide. The measure took place this Friday, with the expectation of protests taking place on Saturday. Amini, a 22-year-old woman, tragically passed away while in custody after being arrested by Iranian morality police for perceived…
In recent developments, Patrick Muyaya, Minister of Communication and Media in the Democratic Republic of the Congo (DRC) confirmed that the government is keeping a close eye on the case of journalist Stanis Bujakera who got arrested earlier this week. While Muyaya expressed a measure of empathy towards Bujakera, he stressed the need to uphold…
On September 5, 2023, the Securities and Exchange Commission (SEC) announced that it had charged five registered investment advisers (RIAs) with violations of the Investment Advisers Act of 1940, including Rule 206(4)-2, better known as the “Custody Rule”. This rule is in place to ensure the safety of client funds and securities, reducing the risk…
In a development that represents the first of its kind, the U.S. Securities and Exchange Commission (SEC) recently announced its decision to level charges against a FinTech Investment Adviser. This marks the first recorded violation of the Marketing Rule, which consequently resulted in additional compliance violations. As reported by Seward & Kissel LLP, the Adviser…
In a shift from usual campus activities, The University of Arizona James E. Rogers College of Law conducted its final week of classes and exams remotely last spring. The college chose this course of action following allegations of potential threats made against the institution by one of its students. The details initially disclosed to students…
In a time when structures of family and parenting are constantly evolving, a recent custody case in the Superior Court has brought these changes to the forefront of legal discussions. In a case referred to as ‘S.J.’, the complexities and emotional dynamics of modern parenting were displayed, as so eloquently described by Fox Rothschild LLP….
Do-it-yourself divorces represent an increasingly prevalent trend in the legal field. Such divorces are typically initiated and concluded by a ‘pro se party’, a Latin term referring to someone who elects to proceed with litigation without the assistance of an attorney. While representing one’s self in a divorce case is perfectly legal and sometimes financially…
In a recent ruling, the Hong Kong Court of Final Appeal announced that the Hong Kong government has a duty to provide an “alternative legal framework for recognition of same-sex relationships”. The Court determined that the government’s long-term failure to deliver on this duty constituted an infringement of the constitutional right to privacy. However, it…
UK Justice Secretary Alex Chalk recently announced new legislation set to be enacted in the UK, which will require criminals to attend their sentencing hearings in court. This move could result in offenders experiencing longer sentences. This decision has been publicly supported by Prime Minister Rishi Sunak who remarked that “Criminals shouldn’t be allowed to…
The Justice Department’s decision to discontinue a firearms charge against an Iranian American, who has suspected links to foreign terrorism, draws attention to profound repercussions from the Supreme Court’s landmark ruling on gun rights expansion last year. In a 22-minute hearing in Sherman, Texas, conditions were set for the defendant’s barely anticipated release after half…
On the University of North Carolina’s Chapel Hill campus, an active shooter event occurred on Monday, with a burdened doctoral student taken into custody following the incident. While the tragedy is a solemn event in itself, an entirely different cause for concern has arisen regarding the response of the institution during the active shooter situation….
The topic of marijuana usage during child custody cases is increasingly significant, considering the changing landscape of marijuana legislation. This heightening relevance can be evidenced in the recent Superior Court panel decision for the case of Humphrey v. Ross. This case, not to be confused with another high-profile child support battle – Humphreys v. DeRoss,…
In a move that will undoubtedly be of interest to many of our readers, particularly those working as investment advisers, the U.S. Securities and Exchange Commission (SEC) has recently reopened the comment period for proposed changes to Rule 206(4)-2 under the Advisers Act, commonly known as the “Current Custody Rule”. This rule specifically governs how…
A New Jersey attorney, currently in federal custody, has appealed to a federal judge for his release until trial. He was reportedly found practicing law with a suspended license whilst simultaneously facing charges of wire fraud and identity theft. The attorney was re-incarcerated last week. The specific nature of these allegations and the context of…
It’s that time of year again – children are headed back to school and parents are navigating the complexities that can arise from shared custody arrangements. In matters of custody, most legal agreements provide for shared custody, meaning both parents not only have a right to participate in the selection of their child’s school, but…
As we approach a new academic year, parents across Pennsylvania are beginning to prepare for the upcoming school year. Shared legal custody, however, introduces another layer of considerations as reported by Obermayer Rebmann Maxwell & Hippel LLP. Shared legal custody refers to the joint responsibility of running a child’s life. Parents are tasked with agreeing…
Pop star Britney Spears is reportedly on the path towards divorce from her husband, Sam Asghari, rounding out a challenging personal year for the singer. For this litigation, Spears has reportedly brought in the legal expertise of Laura Wasser, a well-known attorney often dubbed the ‘divorce lawyer to the stars’. Spears’ existing legal counsel continues…
Interpersonal relationships in a legal context can deeply impact professional as well as personal lives. Instances of this can be clearly seen in cases where one is dealing with narcissistic personalities. The impact on families, relationships, and even legal proceedings like divorces can be tremendous. It is crucial for legal professionals to be aware of…
The issue of job protection during absences due to domestic violence is growing in prominence for legal professionals worldwide. Increasingly, lawmakers are enacting regulations to guard the employment of those who require time away from work due to the multifaceted impacts of domestic abuse. A shining example of such legislative action is found in Massachusetts,…
In a development that has potential implications for parent coordinators, a new court rule is set to take effect on September 1. The rule’s impact promises to extend to legal professionals across various corporate entities and law firms, as well as individuals seeking legal advice. Since 2008, the use of parent coordinators and the regulations…