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Shadow Trading: Redefining Securities Regulation
Today, a common adage of financial advice involves urging the general public to invest — more particularly, to invest in what they know. However, due to a recent legal decision that broadened the scope of insider trading as an offense, this suggestion could soon result in scrutiny. In SEC v. Panuwat, the Securities and Exchange Commission (SEC) argued to extend the definition of insider trading to include a novel concept: shadow trading.
Second Amendment Implications on Overturning Switchblade Prohibitions in Massachusetts
On August 27, 2024, the Massachusetts Supreme Judicial Court ruled that the state’s long-standing ban on switchblades violates the Second Amendment. This decision invalidates a 67-year-old state law and opens the door to reevaluating other restrictions on “bearable arms.” Justice Serge Georges’ unanimous opinion highlights a significant shift in the interpretation of the Second Amendment, extending its protections beyond traditional firearms.