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MagStone News

  • On April 1, 2022, the Los Angeles County Superior Court in California ruled in Robin Crest, et al. v. Alex Padilla ("Crest Case") that Assembly Bill 979 (signed into law on September 30, 2020) violates the Equal Protection Clause of the
  • On March 30, 2022, the U.S. Securities and Exchange Commission (SEC) proposed new rules and amendments to enhance disclosure and investor protection in initial public offerings (IPOs) by special purpose acquisition
  • On March 21, 2022, the U.S. Securities and Exchange Commission (SEC) released proposed rules ("Proposed Rules") requiring public companies, including foreign private issuers,
  • On June 21, 2024, the U.S. Department of the Treasury ("Treasury") issued a Notice of Proposed Rulemaking ("NPRM") to implement the Executive Order ("Outbound Investment Order") issued by President Biden in August 2023
  • Recently, Congressman Don Beyer introduced a new bill to Congress titled the "Digital Asset Market Structure and Investor Protection Act," which aims to establish a legal framework for regulating digital assets. Below are some key proposals from the bill:
  • On July 30, 2021, the U.S. Securities and Exchange Commission ("SEC") issued a statement on investor protection, which imposes further disclosure requirements on Chinese companies seeking to list in the U.S.
  • Until recently, the New York Stock Exchange required listed companies to have an "appropriate body" internally to review related-party transactions. However, "related-party transactions" were not explicitly defined in the NYSE Listed

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