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MainNewsSEC Faces Se...

SEC Faces Setback in Court, Ripple Sees Potential Opportunity


by CoinEdition
SEC Faces Setback in Court, Ripple Sees Potential Opportunity
  • A court in the U.S. has slammed the SEC in an appeal against NAM.
  • The court blamed Gary Gensler for directing an illegal move.
  • The latest judgment against the SEC triggers hope among Ripple supporters.

A U.S. court has ruled against the Securities and Exchange Commission declaring that the agency unlawfully rescinded a rule on proxy advisory firms without adhering to the Administrative Procedure Act.

This decision, highlighted by Ripple’s Chief Legal Officer on a post on X (formerly Twitter), has drawn attention to the SEC Chair Gary Gensler’s involvement in the matter and could have implications for Ripple’s ongoing legal battle with the agency.

For context, the judgment pertains to an appeal in the case between the SEC and the U.S. National Association of Manufacturers (NAM). The case spanned several years, culminatin…

The post SEC Faces Setback in Court, Ripple Sees Potential Opportunity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SEC Delays Decision on Spot Ripple, Dogecoin ETF Applications

SEC Delays Decision on Spot Ripple, Dogecoin ETF Applications

The new dates are for mid-June but experts suggest there might be even more delays.
No XRP ETF launch for U.S. investors as ProShares confirms delay

No XRP ETF launch for U.S. investors as ProShares confirms delay

ProShares denies XRP ETF launch on April 30 as futures-based products are expected.
MainNewsSEC Faces Se...

SEC Faces Setback in Court, Ripple Sees Potential Opportunity


by CoinEdition
SEC Faces Setback in Court, Ripple Sees Potential Opportunity
  • A court in the U.S. has slammed the SEC in an appeal against NAM.
  • The court blamed Gary Gensler for directing an illegal move.
  • The latest judgment against the SEC triggers hope among Ripple supporters.

A U.S. court has ruled against the Securities and Exchange Commission declaring that the agency unlawfully rescinded a rule on proxy advisory firms without adhering to the Administrative Procedure Act.

This decision, highlighted by Ripple’s Chief Legal Officer on a post on X (formerly Twitter), has drawn attention to the SEC Chair Gary Gensler’s involvement in the matter and could have implications for Ripple’s ongoing legal battle with the agency.

For context, the judgment pertains to an appeal in the case between the SEC and the U.S. National Association of Manufacturers (NAM). The case spanned several years, culminatin…

The post SEC Faces Setback in Court, Ripple Sees Potential Opportunity appeared first on Coin Edition.

Read the article at CoinEdition

Read More

SEC Delays Decision on Spot Ripple, Dogecoin ETF Applications

SEC Delays Decision on Spot Ripple, Dogecoin ETF Applications

The new dates are for mid-June but experts suggest there might be even more delays.
No XRP ETF launch for U.S. investors as ProShares confirms delay

No XRP ETF launch for U.S. investors as ProShares confirms delay

ProShares denies XRP ETF launch on April 30 as futures-based products are expected.