Tag: state_law
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SEC Proposes Rescission of Shareholder Proposal Rule 14a-8
The SEC proposes rescinding Rule 14a-8, saying it exceeds its statutory authority and intrudes on state law, alongside reforms to the proxy solicitation process.
BusinessPolitics and GovernmentLaw EnforcementUSAFederal GovernmentFinancial MarketsLegalEconomy Securities and Exchange CommissionRule 14a-8Securities Exchange Act of 1934Shareholder proposalsProxy solicitationFederal regulationState law
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CFTC Sues Minnesota Over Prediction Market Ban
The CFTC has sued Minnesota to block a new state law, signed by Governor Tim Walz, that criminalizes prediction markets. The federal agency seeks a preliminary injunction to stop the law from taking effect on August 1, 2026, citing federal…
Politics and GovernmentBusinessLaw EnforcementFederal GovernmentState GovernmentsLegalEconomy CFTCMinnesotaPrediction MarketsLawsuitState LawGovernmentFinancial Markets