Benjamin Edwards In The News

Wealth Management
A broker facing FINRA disciplinary charges is citing last month’s Supreme Court decision that weakened the SEC’s enforcement powers to challenge the validity of the brokerage regulator’s enforcement arm.
WealthManagement.com
The impact of the Supreme Court’s 6-3 decision in SEC v. Jarkesy, limiting the commission’s use of in-house judges, will likely have long-term consequences, with securities attorneys speculating that SEC settlement offers may increase and state regulators may take the reins on cases that would previously have been led by the federal regulator.
Wall Street Journal
Delaware isn’t happy that public companies are fleeing its litigation-heavy business environment to incorporate in friendlier states like Nevada. No one likes losing business, and Delaware has long been known as a jurisdiction for deal makers. But requiring a fee from businesses domesticating in other states or barring corporations’ exits—as the Delaware Supreme Court is now considering—would be a serious mistake.
DNYUZ
When you walk into a financial adviser’s office, you expect them to put your best interests above all else — in the same way a doctor would, rather than, say, a car salesman. But many people don’t realize that the rules financial professionals must follow vary, depending on where they work and what products they’re selling.
The New York Times
When you walk into a financial adviser’s office, you expect them to put your best interests above all else — in the same way a doctor would, rather than, say, a car salesman. But many people don’t realize that the rules financial professionals must follow vary, depending on where they work and what products they’re selling.
The Daily Beast
When The New York Times revealed the name of one of the biggest investors behind Donald Trump’s social media venture last weekend, his name leapt off the page: Republican megadonor—and Never Trump billionaire—Jeffrey Yass.
The Economist
At the turn of the 20th century the prime state to register businesses in America was New Jersey, home to America’s biggest trusts such as Standard Oil. Other states, including its diminutive next-door neighbour, coveted the spigot of easy money that came from business incorporation. “Little Delaware, gangrened with envy at the spectacle of the truck-patchers, clam-diggers and mosquito-wafters of New Jersey getting all the money in the country into her coffers, is determined to get her little tiny, sweet, round, baby hand into the grab-bag of sweet things,” the American Law Review, a journal, wrote at the time.
Las Vegas Review Journal
Elon Musk’s businesses have been planting roots in Nevada for years now. But after the billionaire faced a legal hurdle in Delaware — the country’s capital for the legal homes of corporations and other business entities — he made his preferences clear.