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☆ She Was Oprah Before Oprah
▼ + stars: | 2023-10-17 | by ( Maya S. Cade | ) www.nytimes.com time to read: +1 min

Alice Travis was a seasoned reporter when she auditioned in 1975 for the ABC show that would become “Good Morning America.”Travis, who was then 32, had already co-hosted two major-market news shows: “Panorama” (alongside Maury Povich), in Washington D.C., and “AM New York.” The Black-owned weekly newspaper New York Amsterdam News once described her as “one of the brightest and brainiest of the undiscovered teevee personalities.”So she was unprepared for what she said a network executive told her after the audition. “‘Quite frankly your color is not to your advantage,’” Travis recounted over lunch in Manhattan this past summer. “Shocking statements, but after a while they no longer shocked.”Travis was among the first wave of Black television newswomen hired nationwide, part of an early effort to diversify American newsrooms in the wake of the protests and racial conflicts of the 1960s. While her rejection by the ABC morning show was painful, what she did next was groundbreaking: She became the first Black woman to host her own national talk show.

Persons: Alice Travis, ” Travis, Maury Povich, ”, “, ’ ” Travis, newswomen Organizations: ABC, America, Washington D.C, New York Amsterdam News Locations: Washington, New York, Manhattan

[1/3] A view of a sign supporting Democratic candidate for Virginia State Senate District 27 Joel Griffin on a lawn in Stafford, Virginia, U.S. October 3, 2023. Democrats argue even a 15-week limit is unacceptable and warn that Republicans might seek to restrict abortion further in the future. Every seat in the state Senate and House is on the ballot in November, and control in each chamber is likely to come down to a handful of competitive districts. Like other Democrats in the state, Griffin has made protecting abortion rights a pillar of his campaign. Reporting by Gabriella Borter in Stafford, Virginia and Joseph Ax in New York Editing by Colleen Jenkins and Aurora EllisOur Standards: The Thomson Reuters Trust Principles.

Persons: Joel Griffin, GABRIELLA BORTER, Britainy Riggins, Riggins, Griffin, forestalling, Glenn Youngkin's, Donald Trump, Todd Gilbert, Susan Swecker, Monica Gary, Tara Durant, AdImpact, Griffin's, Durant, Zack Roday, Mary Jane Mitchell, Roe, Gabriella Borter, Joseph Ax, Colleen Jenkins, Aurora Ellis Organizations: Democratic, Virginia State, District, REUTERS, U.S, Virginia Republicans, Republican, Gallup, Democratic Party, States, Virginia Public, Republicans, Marine Corps, Twitter, Reuters, Youngkin's PAC, Democrat, Air Force, Wade, Thomson Locations: Stafford , Virginia, U.S, STAFFORD , Virginia, Republican, Virginia, U.S ., Stafford, New York

A spot bitcoin ETF would give investors exposure to the world's largest cryptocurrency by market capitalization without having to own it. The SEC has denied all spot bitcoin ETF applications, including Grayscale's, on the grounds applicants have not shown they can protect investors from market manipulation. The appeals court ruled that the SEC arbitrarily denied Grayscale's application because it never explained why the two arrangements were materially different. The appeals court is expected to issue a mandate specifying how its decision should be executed, which will likely include instructing the SEC to revisit Grayscale's application. Several other asset managers, including BlackRock (BLK.N), Fidelity and Invesco, have similar filings pending with the SEC for a spot bitcoin ETF.

Persons: Jim Bourg, Grayscale's, Chris Prentice, Hannah Lang, Michelle Price, Rod Nickel Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, Columbia, BlackRock, Fidelity, Thomson Locations: Washington

Short selling involves borrowing a stock to sell it in the expectation the price will fall, then repurchasing the shares and pocketing the difference. Short interest in the U.S. market totaled $927 billion as of Thursday, according to analytics firm S3 Partners. The new rules require institutional investors to report their gross short positions to the SEC monthly and certain "net" short activity for individual dates on which trades settle. "Investment advisers will face more risk when selling short, which will harm investors, market participants, and market efficiency," said its CEO Bryan Corbett. SEC officials said the new rules, which the commission agreed upon in a 3-2 vote, support the agency's efforts to police the practice.

Persons: Jim Bourg, Gary Gensler, Gensler, Stephen Hall, FINRA, Bryan Corbett, Douglas Gillison, Chris Prentice, Michelle Price, Chizu Nomiyama, Chris Reese Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, GameStop, Financial Industry Regulatory Authority, Partners, Stephen Hall of Better, Justice Department, Thomson Locations: Washington, U.S

Short selling involves borrowing a stock to sell it in the expectation the price will fall, then repurchasing the shares and pocketing the difference. The practice has long been divisive, with critics accusing short sellers of trying to hurt companies, and short sellers arguing they help root out fraud and corporate misconduct. Since at least 2021, the Justice Department and the SEC have also been investigating potential manipulation by short sellers and hedge funds around the publication of negative research reports. SEC officials said the new rules, which the commission agreed upon in a 3-2 vote, support the agency's efforts to police the practice. Specifically, institutional investors will have to report gross short positions to the SEC monthly and certain "net" short activity for individual dates on which trades settle.

Persons: Jim Bourg, Gary Gensler, FINRA, Douglas Gillison, Chris Prentice, Michelle Price, Chizu Nomiyama, Chris Reese Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, GameStop, Financial Industry Regulatory Authority, Partners, Justice Department, Thomson Locations: Washington, U.S

After the Palestinian militant group Hamas' weekend attack on Israel, Israel has bombarded and laid siege to the Gaza Strip, controlled by Hamas, and plans a ground invasion. There have been reports of harassment and assaults of both pro-Israel and pro-Palestinian students, deepening grief and putting students of all political stripes on high alert. In a sign of the tensions, some counter-protesters at Columbia shouted angrily at the pro-Palestinian group. Many faulted the university for not expressing more support for Palestinian students and the people of Gaza. Tensions sparked anew at campuses on Thursday as the national group Students for Justice in Palestine (SJP) declared a "day of resistance," with demonstrations by its 200 chapters at colleges across North America.

Persons: tensely, Israel, David Hidary, SJP, Gabriella Borter, Joseph Ax, Andrew Hay, Paul Thomasch, Cynthia Osterman Organizations: Columbia University, Israel, New, Hamas, Kan, Columbia, Palestine, Palestinian, REUTERS, Harvard University, Harvard Crimson, Students for Justice, Defamation League, Justice, University of Arizona, University of California Los, Georgetown University, Washington , D.C, Thomson Locations: New York City, Israel, Gaza, U.S, Palestine, North America, Hamas, Tucson, University of California Los Angeles, Washington ,, Washington, New York, Taos , New Mexico

About 100 feet (30 meters) away, students backing Israel silently held up posters with the faces of Israeli hostages taken by Hamas. After the Palestinian militant group Hamas' weekend attack on Israel, Israel has bombarded and laid siege to the Gaza Strip, controlled by Hamas, and plans a ground invasion. Many faulted the university for not expressing more support for Palestinian students and the people of Gaza. Prominent alumni lambasted a joint student group statement calling Israel "entirely responsible" for the war. Tensions sparked anew at campuses on Thursday as the national group Students for Justice in Palestine (SJP) declared a "day of resistance," with demonstrations by its 200 chapters at colleges across North America.

Persons: tensely, Israel, David Hidary, SJP, Gabriella Borter, Joseph Ax, Andrew Hay, Paul Thomasch, Cynthia Osterman Organizations: University of Arizona, Students for Justice, Columbia University, Israel, New, Hamas, Kan, Columbia, Palestine, Palestinian, REUTERS, Harvard University, Harvard Crimson, Defamation League, Justice, University of California Los, Georgetown University, Washington , D.C, Thomson Locations: Palestine, New York City, Israel, Gaza, U.S, North America, Hamas, Tucson, University of California Los Angeles, Washington ,, Washington, New York, Taos , New Mexico

Donations purchased by a Brooklyn synagogue community to aid military and humanitarian relief efforts in Israel are seen being loaded into a car in Brooklyn, New York, U.S. October 10, 2023. Some 5.8 million Jews live in the United States, according to the Pew Research Center. While there is no sign that Israel is short on basic supplies like granola bars, the donations underscore the concern and connection Jews in the United States feel toward Israel. Elan Kornblum, the Brooklyn-based head of Great Kosher Restaurants Foodies, has turned his company's Facebook page of 91,000 members - who usually discuss favorite kosher restaurants - into a forum for coordinating Israel aid efforts. Legacy aid organizations have also leapt to raise money for lifesaving support in Israel and the Palestinian territories in the wake of the attack.

Persons: Rabbi Jonathan Leener, Jonathan Leener, Leener, Yuri Milner, Mike Bloomberg, Magen David Adom, Elan Kornblum, Kornblum, Chayal el, Mordy Botnick, Botnick, el Chayal, Gabriella Borter, Paul Thomasch, Lisa Shumaker Organizations: REUTERS Acquire, Israel Defense Forces, Pew Research Center, Billionaire, Jewish Agency for, Facebook, Newark Liberty International, IDF, Palestine Children's Relief, International Committee, Thomson Locations: Brooklyn, Israel, Brooklyn , New York, U.S, Handout, United States, Jewish Agency for Israel, New York City, Palestine, Gaza, Washington

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. The agency on Thursday asked a federal court to force Musk to testify for its investigation into his $44 billion takeover of social media giant Twitter, the third time the SEC has taken Musk to court. "This case is different from past forays between the SEC and Elon Musk because it's a subpoena enforcement case. Musk also refused SEC proposals to testify in Texas, where he lives, in October or November, the SEC said. In 2022, a judge ordered Terraform Labs' founder to comply with an SEC subpoena for documents.

Persons: Elon Musk, Patrick Pleul, Musk, Musk's, Stephen Crimmins, Davis Wright Tremaine, Alex Spiro, Howard Fischer, Moses, Moses & Singer, Jay, Spiro, Tesla, Robert Frenchman, Mukasey Frenchman, Chris Prentice, Michelle Price, Lisa Shumaker Organizations: WASHINGTON, U.S . Securities, Exchange Commission, SEC, Twitter, Elon, Moses &, Terraform Labs, Reuters, Thomson Locations: Gruenheide, Germany, videoconference, San Francisco, Texas

REUTERS/Amanda Andrade-Rhoades./File Photo Acquire Licensing RightsOct 4 (Reuters) - The U.S. Justice Department will not target companies that disclose wrongdoing they find by businesses they are buying in a bid to encourage more self-disclosure, the Deputy Attorney General said on Wednesday. To get credit, companies must disclose the misconduct discovered at the other firm within six months of the deal closing, and they will have one year from closing to fully remediate, Monaco said. The new program is the latest in a series of policy changes announced under President Joe Biden designed to simultaneously promote corporate compliance while holding bad actors more accountable. Earlier this year, the Justice Department rolled out a new clawback program designed to have executives foot the bill for misconduct. The agency has been boosting resources for corporate criminal enforcement, Monaco said when asked about a slowdown in enforcement.

Persons: Lisa O, Monaco, Amanda Andrade, Rhoades, General, Lisa Monaco, Joe Biden, Chris Prentice, Andrew Goudsward, Bill Berkrot Organizations: Department of Justice, REUTERS, U.S . Justice, DOJ, Justice Department, Monaco, Albemarle Corp, Thomson Locations: Ukraine, Russian, Washington ,, Chicago, Monaco

[1/2] Taylor Swift attends the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. Swift's appearance, in addition to fueling further rumors about her romance with the Chiefs' star tight end, is sure to deliver another marketing blessing to the NFL. Sunday's game was the second-highest selling game of the NFL season after the season opener, Stubhub said. The cheapest nosebleed seat tickets for Sunday's game in East Rutherford, New Jersey, were going for $81 on Sunday afternoon, while resale tickets at the lower level cost close to $9,000. When Swift showed up at the Chiefs' game on Sept. 24, viewership among women ages 18-49 - Swift's prime fan demographic - spike 63% week-over-week.

Persons: Taylor Swift, Andrew Kelly, Travis Kelce, Ryan Reynolds, Hugh Jackman, Blake Lively, Stubhub, Swift, Taylor, Gabriella Borter, Joseph Ax, Frank Pingue, Lisa Shumaker, Stephen Coates Organizations: Prudential Center, REUTERS, MetLife, Kansas City Chiefs, New York Jets, Chiefs, National Football, NBC, Hollywood, NFL, Jets, Kelce, Football, Thomson Locations: Newark , New Jersey, U.S, New Jersey, United States, Kansas City, New York, East Rutherford , New Jersey, Washington, Toronto

REUTERS/Jim Bourg/File Photo Acquire Licensing RightsNEW YORK, Sept 29 (Reuters) - The U.S. securities regulator on Friday said it had fined 12 companies, including brokers, investment advisers and credit rating firms, for record keeping failures. The Securities and Exchange Commission (SEC) said the companies, including Interactive Brokers Corp, Fifth Third Securities and Nuveen Securities, agreed to pay a total of $79 million and admitted they violated the record keeping rules. Credit rating agencies DBRS Inc. and Kroll Bond Rating Agency, LLC also agreed to pay civil penalties to settle SEC charges related to the record-keeping failures, the regulator added. Employees at both firms failed to preserve electronic communications, including off-channel messages on personal and work-issued devices, the SEC said. To settle the charges, DBRS agreed to pay $8 million in civil penalties and KBRA agreed to pay $4 million in civil penalties, the SEC said.

Persons: Jim Bourg, Kroll, DBRS, KBRA, Chris Prentice, Carolina, Barbara Lewis Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, Securities, Interactive Brokers Corp, Fifth Third Securities, Nuveen Securities, Reuters, Wall, DBRS Inc, Kroll Bond Rating Agency, Employees, Thomson Locations: Washington, U.S

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. One said some firms could pay as much as $50 million. The SEC has previously negotiated two other large group settlements as part of its "off-channel" communications probe. In August, regulators fined nine Wall Street firms, including Wells Fargo (WFC.N) and Societe Generale (SOGN.PA), a combined $549 million over employees' use of personal messaging apps. In September 2022, it fined 16 firms, including Goldman Sachs, Morgan Stanley, Citigroup and Bank of America, $1.8 billion for similar lapses.

Persons: Jim Bourg, Spokespeople, Oppenheimer, Voya, Wells, Goldman Sachs, Morgan Stanley, JPMorgan Chase, Chris Prentice, Carolina, Michelle Price, Jacqueline Wong Organizations: U.S . Securities, Exchange Commission, SEC, REUTERS, Reuters, Truist Financial Corp, US Bancorp, Voya Financial, LPL, Interactive, Oppenheimer, Fifth Third Bancorp, Fifth, Truist, Wall Street, Societe Generale, Citigroup, Bank of America, JPMorgan, Thomson Locations: Washington

☆ Dominique Mosbergen — Reporter at The Wall Street Journal
▼ + stars: | 2023-09-26 | by ( Dominique Mosbergen | ) www.wsj.com time to read: 1 min

Dominique MosbergenDominique Mosbergen is a medical science reporter in The Wall Street Journal’s Health and Science bureau. She covers infectious diseases, antimicrobial resistance and frontiers in medical science, including the science of aging. In 2022, she and her colleagues won a Newswomen's Club of New York's Front Page Award for Breaking News for their coverage of the fall of Roe v. Wade. Previously, Dominique spent a decade as a reporter at HuffPost, where she covered breaking news, U.S. politics, climate change, public health and other issues. As an undergraduate, she studied Russian literature at Columbia.

Persons: Dominique Mosbergen Dominique Mosbergen, Roe, Wade, Dominique Organizations: Health, Science, New, News, Columbia University’s Graduate School of Journalism, Columbia Locations: HuffPost, Russian

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., U.S., May 12, 2021. DWS Investment Management Americas made "concerning" misstatements regarding its ESG investment process, the U.S. Securities and Exchange Commission (SEC) said in a statement. Separately, the SEC found DWS failed to develop a mutual fund anti-money laundering program as required by law. Reuters in July reported that the SEC was preparing to slap DWS with a fine after a two-year probe into allegations of "greenwashing". Under Democratic leadership, the SEC has pledged to crack down on the inflating of ESG credentials to attract investors.

Persons: Andrew Kelly, DWS, Goldman Sachs, BNY, Chris Prentice, Chizu Nomiyama, Emelia Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Deutsche Bank, DWS Investment Management, SEC, Regulators, Democratic, BNY Mellon, Thomson Locations: Washington ,, Germany

Lauren WeberLauren Weber writes about workplace issues and employment in The Wall Street Journal's corporate bureau in New York. Her stories often explore topics such as workforce development and skills, contingent work, compensation, the bonds between employers and workers, and the intersection between economic trends and the on-the-ground practices of employers. A former Knight-Bagehot fellow at Columbia University, Lauren has won awards from the Society for Advancing Business Editing and Writing and the Newswomen's Club of New York, and she was part of a team that won a Gerald Loeb award in 2019 for reporting on Amazon's search for a second headquarters. Lauren has also been a staff reporter at Reuters and Newsday, and she is the author of the 2009 book "In Cheap We Trust: The Story of a Misunderstood American Virtue," a cultural history of frugality and cheapness in the United States. Lauren can be reached at lauren.weber@wsj.com; you can also find her on Twitter at @laurenweberWSJ.

Persons: Lauren Weber Lauren Weber, Lauren, Gerald Loeb Organizations: Columbia University, Society for, Newswomen's, of New, Reuters, Newsday, Twitter Locations: New York, of New York, American, United States, lauren.weber@wsj.com

In those cases, the SEC asked companies to review staff messages and report to the agency how many discussed work. SEC staff reviewed only a sample of messages themselves, according to three sources with knowledge of the previous investigations. As with broker-dealers, the SEC initially sought details on investment advisers' record-keeping policies. The SEC later demanded that the investment advisers hand over the messages, the sources said. The agency is ignoring important differences in investment advisers' recordkeeping requirements, said Jennifer Han, the MFA's executive vice president and chief counsel.

Persons: Carlo Allegri, Wall, Carlyle, Gary Gensler, Jaclyn Grodin, Storrs, JPMorgan Chase, Wells, Goldman Sachs, Morgan Stanley, Jennifer Han, Chris Prentice, Michelle Price, Marguerita Choy Organizations: New York Stock, REUTERS, Securities and Exchange Commission, SEC, Reuters, Carlyle Group, Apollo Global Management, KKR, Co, TPG, Blackstone, Citadel, Apollo, Goulston, JPMorgan, Bank of America, Association, Bloomberg, Carolina, Thomson Locations: Manhattan, New York City , New York, U.S

Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon/File Photo Acquire Licensing RightsCompanies Wells Fargo & Co FollowSept 15 (Reuters) - The former head of Wells Fargo's (WFC.N) retail bank on Friday avoided prison time after pleading guilty to an obstruction charge related to the bank's sweeping fake-accounts scandal. Prosecutors had sought a one-year prison term for Tolstedt, but the judge said it would unfairly make Tolstedt appear solely responsible for Wells Fargo's misconduct. That cap remains in place, though Wells Fargo remains the fourth-largest U.S. bank. Wells Fargo has also clawed back tens of millions of dollars of her pay.

Persons: Wells Fargo's, Carrie Tolstedt, Josephine Staton, Wells, Tolstedt, Martin Estrada, Wells Fargo, John Stumpf, Stumpf, Chris Prentice, Jonathan Stempel, Jaiveer Singh, Shounak Dasgupta, Matthew Lewis Organizations: REUTERS, Companies Wells, U.S, San, Wells, Prosecutors, Federal Reserve, Securities and Exchange Commission, Thomson Locations: Wells Fargo Bank, New York City, U.S, Los Angeles, San Francisco, America, Wells, New York, Bengaluru

[1/2] The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., U.S., May 12, 2021. Picture taken May 12, 2021. A lawyer for Stoner Cats did not respond immediately to requests for comment. Stoner Cats is an adult animated series about house cats that become sentient after being exposed to their owner's medical marijuana, which is used to alleviate early Alzheimer's symptoms. The NFTs provided holders with exclusive access to watch "Stoner Cats" online.

Persons: Andrew Kelly, NFTs, Jane Fonda, Mila Kunis, Ashton Kutcher, Seth MacFarlane, Chris Rock, Stoner, Carolyn Welshans, Jonathan Stempel, Chris Prentice, Deepa Babington Organizations: U.S . Securities, Exchange Commission, Washington , D.C, REUTERS, Stoner, U.S, Securities, SEC, Investors, Stoner Cats, Thomson Locations: Washington ,, New York

Signage is seen at the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsNEW YORK, Sept 12 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday said it has charged a former national office leader at audit firm Marcum LLP over quality control failures, the regulator said in a statement. The SEC said Alfonse Gregory Giugliano, a certified public accountant, failed to sufficiently address and remediate deficiencies in the firm's quality control system. In his role as a National Assurance Services Leader, he was aware of numerous deficiencies in Marcum's quality control system, the SEC said. The SEC in June charged marcum with a $10 million penalty for standards violations related to its audit work for hundreds of special purpose acquisition companies, or SPACs.

Persons: Andrew Kelly, Marcum, Alfonse Gregory Giugliano, Giugliano, Nikola, Chris Prentice, Nick Zieminski Organizations: U.S . Securities, Exchange Commission, SEC, Washington , D.C, REUTERS, National Assurance Services Leader, DraftKings Inc, Thomson Locations: Washington ,

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsSept 12 (Reuters) - An abortion rights advocacy group filed lawsuits in three states on Tuesday on behalf of women who say they were denied abortions despite suffering life-threatening pregnancy complications. The Center for Reproductive Rights sued on behalf of eight women and four doctors in Idaho, Tennessee and Oklahoma, three states that have passed some of the strictest abortion bans since the U.S. Supreme Court gutted federal abortion rights by overturning Roe v. Wade in 2022. The lawsuits follow a similar case brought by the center in Texas, where a judge last month sided with five women who were denied abortions and exempted women experiencing pregnancy complications from Texas' stringent abortion ban. The lawsuits in Idaho and Tennessee ask the state courts to clarify those states' legal exceptions for abortions in cases of medical emergencies, so that doctors may perform abortions when they deem them necessary without fear of prosecution. The attorneys general for Tennessee and Idaho and Oklahoma Children's Hospital did not immediately respond to a request for comment.

Persons: Marc Hearron, Julie Murray, Evelyn Hockstein, Roe, Wade, Nicole Blackmon, Gabriella Borter, Colleen Jenkins, Rosalba O'Brien Organizations: Center for Reproductive Rights, United States Supreme, REUTERS, Reproductive Rights, Supreme, for Reproductive, Oklahoma Children's, Thomson Locations: Texas, Washington , U.S, Idaho , Tennessee, Oklahoma, U.S, Idaho, Tennessee

Signage is seen outside of the US Commodity Futures Trading Commission (CFTC) in Washington, D.C., U.S., August 30, 2020. A centralized registry would also make it easier for the government to identify repeat offenders and deter potential fraudsters, Goldsmith Romero said. Goldsmith Romero had suggested the registry several years ago while serving as the watchdog of a key 2009 financial crisis bailout program. In Goldsmith Romero's previous role, the government watchdog did launch a database of such financial crimes related to the Troubled Asset Relief Program. Such a centralized database could serve as a model for a larger, national registry that federal regulators could organize and that state regulators could also participate in.

Persons: Andrew Kelly, Christy Goldsmith Romero, Goldsmith Romero, Goldsmith Romero's, Chris Prentice, Leslie Adler Organizations: US, Futures Trading Commission, Washington , D.C, REUTERS, fraudsters, CFTC, Reuters, Troubled Asset, Thomson Locations: Washington ,, U.S

A banner reading: "Abortion Out of the Penal Code" hangs from a building during International Women's Day, at the Zocalo Square in Mexico City, Mexico March 8, 2023. The ruling set a significant legal precedent and paved the way for the federal health system to begin providing abortion services and broaden access dramatically. But Mexican abortion rights advocates say the ruling's promise of expanding abortion access will not become a reality overnight and could depend on the political and legislative will of the federal government. Aside from safeguarding abortion patients and providers from prosecution, the ruling will have limited impact on access until the federal public health system starts providing abortion services. Xochitl Galvez, the senator chosen to represent the main opposition coalition, has broken from her center-right party’s anti-abortion platform to support abortion rights.

Persons: Quetzalli, Maria Antonieta Alcalde, IPAS, Alcalde, Andres Manuel Lopez Obrador, Claudia Sheinbaum, Xochitl Galvez, Veronica Cruz, Roe, Wade, Isabel Fulda, Gabriella Borter, Stephen Eisenhammer, Josie Kao Organizations: REUTERS, Mexico City, Regeneration, Mexico's, United States Supreme, Thomson Locations: Mexico City, Mexico, MEXICO, Coahuila, Latin America, Caribbean, America, United States, Guanajuato, U.S

☆ Mexico's Supreme Court upholds abortion rights nationwide, paving way for federal access
▼ + stars: | 2023-09-06 | by ( Gabriella Borter | Thomson Reuters | Gabriella Borter Is A Reporter On The U.S. National Affairs Team | ) www.reuters.com time to read: +2 min

Wednesday's ruling will increase abortion access throughout Mexico, marking a major victory for abortion rights advocates in the predominantly Roman Catholic country. In the United States, meanwhile, the Supreme Court struck down the national right to an abortion in 2022 and nearly half of the 50 states have restricted access dramatically. The court sided with GIRE in a challenge to the federal penal code and declared that the section of the national law that criminalized abortion could no longer take effect. The ruling opens the door for the federal healthcare system to start providing abortions, which could become increasingly important as Mexico mulls centralizing healthcare services, abortion rights advocates say. Aguascalientes became the 12th Mexican state to decriminalize abortion last month when the Supreme Court sided with GIRE in a similar challenge to that state's penal code.

Persons: Henry Romero, Wednesday's, It's, Isabel Fulda, Gabriella Borter, Aurora Ellis, Jonathan Oatis Organizations: Supreme, REUTERS, Catholic, Twitter, Thomson Locations: Mexico City, Mexico, MEXICO, Mexico's, Coahuila, America, United States, Aguascalientes, Mexican

Signage is seen at the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., U.S., May 12, 2021. Here are the highlights:PRIVATE EQUITY, HEDGE FUND FEESThe SEC on Wednesday finalized a sweeping overhaul of private rules with the aim of increasing transparency and fairness in the industry which oversees more than $20 trillion in assets. MONEY MARKET FUNDSThe SEC in July finalized rules aimed at increasing the resilience of the $5.5 trillion money market fund industry. MUTUAL FUND LIQUIDITY, PRICING RULESSimilarly, the SEC has proposed new rules aimed at better preparing the broader mutual fund industry for distress. The SEC says speeding up the disclosures is fairer on retail investors, who are disadvantaged by the current 10-day window.

Persons: Andrew Kelly, Gary Gensler, Chizu Organizations: U.S . Securities, Exchange Commission, SEC, Washington , D.C, REUTERS, Rights, Wednesday, Thomson Locations: Washington ,

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