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☆ Treasury Lays Groundwork for Ownership Registry, but Questions Remain
  + stars: | 2022-10-07 | by ( Dylan Tokar | ) www.wsj.com   time to read: +5 min
Providing ExemptionsAnother key issue addressed by FinCEN’s rule relates to which companies will have to submit beneficial ownership information. Lawmakers reasoned that ownership information for such companies already would be readily available, but the large carve-outs have sparked questions from some quarters. They will be given 30 days to report beneficial ownership information. The road aheadFinCEN’s work establishing the beneficial ownership database is far from done. The beneficial ownership law requires companies to certify their reports are accurate and imposes penalties for people who willfully provide false information.
☆ Meet the 2022 Supreme Court clerks: 38 lawyers who could be tomorrow's politicians, judges, and influential strategists
  + stars: | 2022-10-07 | by ( Jack Newsham | Sindhu Sundar | ) www.businessinsider.com   time to read: +4 min
Justice Ketanji Brown Jackson's ClerksSupreme Court Nominee Judge Ketanji Brown Jackson. In the interim, Murray has had several different jobs, most recently as an associate professor at Columbia University Law School, where he focused on "constitutional law, election law, and race and the law, among other topics." Michael F. QianQian is no stranger to a SCOTUS clerkship, having worked in the chambers of Justice Ruth Bader Ginsburg from 2019 to 2020. She previously worked at the law firm Hogan Lovells, where she was on a team that helped a Colorado prisoner with an appeal to the Supreme Court. Before clerking for Judge Jackson, Salmanowitz clerked for Judge Paul Watford on the Ninth Circuit.
☆ Fetterman’s clemency crusade draws soft-on-crime attacks from Oz in Pennsylvania Senate race
  + stars: | 2022-09-24 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Gomez.Jpeg | Henry J. Gomez | ) www.nbcnews.com   time to read: +11 min
State law was later changed to require unanimous Board of Pardons approval to recommend commutations for those serving life sentences. In his second term, Wolf has already commuted 47 life sentences, at the urging of the pardons board. “In making clemency decisions, John scrupulously reviewed clemency applications and consulted with corrections officials, prison wardens, judges and DAs. Fetterman has not, as one Oz ad implies, called for eliminating all life sentences for murderers. All but one of the men featured had been serving life sentences on second-degree murder convictions, with a variety of mitigating circumstances in their favor.
☆ Wall Street's biggest investors can't shake a nightmare about the US economy. And that fear is much worse than a recession.
  + stars: | 2022-09-18 | by ( Aaron Weinman | ) www.businessinsider.com   time to read: +5 min
Talk of a recession, rough inflation data, and the persistent increase in costs of certain staple goods has got Wall Street's biggest investors living in fear of an economic nightmare. Wall Street has been hit by a brutal market sell-off this year. Wall Street investors fear an economic nightmare. BMO Capital Markets is cutting jobs amid the broader downturn in dealmaking, according to Bloomberg. Private-equity investment firm Corsair has made an investment in Miracle Mile Advisors, a wealth advisory firm based in Los Angeles.
☆ Elizabeth Holmes has filed 3 requests for a new trial in 2 days as she awaits sentencing. Legal experts say it's unlikely she'll get a do-over.
  + stars: | 2022-09-17 | by ( Sarah Jackson | ) www.businessinsider.com   time to read: +6 min
Theranos founder Elizabeth Holmes has filed three requests for a new trial in the span of two days. For all her efforts, Holmes' odds of getting a new trial don't look good, two legal experts told Insider. David Odisho/Getty ImagesThe new requestsA day after filing that motion, Holmes made two more requests for a new trial. But in Holmes' trial — where the defense says highlighting these differences might have led to Holmes being acquitted on more charges — the government played their cards very differently, according to Holmes' attorneys. The government produced these documents for Balwani's trial though, Holmes pointed out.
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