Ripple vs. SEC Feud Intensifies: Court Rejects Fair Notice? By DailyCoin
[ad_1]
Ripple vs. SEC Feud Intensifies: Court Rejects Fair Notice?
- The SEC has backed its Motion for Summary Judgment against Labs in the legal battle.
- The court dismissed Ripple’s defense of inadequate notice.
- The SEC’s argument could weaken Ripple’s defense.
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to escalate, as the SEC has provided further backing for its Motion for Summary Judgment.
The recent SEC letter references a prior case against Commonwealth Equity Services to assert that Ripple breached the Investment Advisers Act of 1940 by failing to disclose specific conflicts of interest.
#XRPCommunity #SECGov v. #Ripple #XRP SEC files Letter of Supplemental Authority in further Support of its Motion for Summary Judgment. https://t.co/rdzW3Q6SIT
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) April 11, 2023
Ripple’s Challenge to SEC Rejected by Court
What is particularly noteworthy is that the court rejected the defendant’s defense that the SEC did not provide sufficient notice of the disclosure obligations alleged in the…
Continue Reading on DailyCoin
[ad_2]
Source link
Ripple vs. SEC Feud Intensifies: Court Rejects Fair Notice?
- The SEC has backed its Motion for Summary Judgment against Labs in the legal battle.
- The court dismissed Ripple’s defense of inadequate notice.
- The SEC’s argument could weaken Ripple’s defense.
The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to escalate, as the SEC has provided further backing for its Motion for Summary Judgment.
The recent SEC letter references a prior case against Commonwealth Equity Services to assert that Ripple breached the Investment Advisers Act of 1940 by failing to disclose specific conflicts of interest.
#XRPCommunity #SECGov v. #Ripple #XRP SEC files Letter of Supplemental Authority in further Support of its Motion for Summary Judgment. https://t.co/rdzW3Q6SIT
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) April 11, 2023
Ripple’s Challenge to SEC Rejected by Court
What is particularly noteworthy is that the court rejected the defendant’s defense that the SEC did not provide sufficient notice of the disclosure obligations alleged in the…
Continue Reading on DailyCoin
About The Author
