Dave Michaels(@davidamichaels) 's Twitter Profileg
Dave Michaels

@davidamichaels

Crypto law, securities, antitrust & white-collar crime for @WSJ. [email protected]. @MSB_MBA, @georgetownsfs alum. DM for Signal.

ID:15887713

linkhttp://wsj.com calendar_today18-08-2008 02:41:42

5,6K Tweets

5,7K Followers

1,6K Following

Paul Beckett(@paulwsj) 's Twitter Profile Photo

Appreciate the opportunity to speak at this House Foreign Affairs Committee hearing today and to show solidarity with families of hostages held overseas.

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

Keep mum, can't be sued for fraud --> Supreme Court ruled today that companies don't commit fraud when they omit stuff, even stuff investors want to know, from required disclosures. Only false statements and half-truths can trigger liability, court says. supremecourt.gov/opinions/23pdf…

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

The website I've probably used at work the most in past decade, Cincinnati Law's Securities Lawyer's Deskbook, is down. Been squinting at tiny font PDF of Exchange Act on sec.gov. Is only other option having to slog thru U.S. code?

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Alexander Osipovich(@aosipovich) 's Twitter Profile Photo

Do Kwon lost his trial. TerraUSD & Luna were deemed securities by a federal judge. Another judge handed U.S. Securities and Exchange Commission a key procedural win in its Coinbase case. Is Uncle Sam winning his fight against crypto? With Dave Michaels
wsj.com/finance/curren…

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The Wall Street Journal(@WSJ) 's Twitter Profile Photo

Biotech executive Matthew Panuwat committed insider trading when he bet on a competitor’s stock, a jury found on.wsj.com/3xq6wtv on.wsj.com/3xq6wtv

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

The U.S. Securities and Exchange Commission has stayed its public-company climate disclosure rule, just adopted last month, pending legal challenges in the 8th Circuit sec.gov/files/rules/ot…

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

Interesting take from Financial Times on conflicts of interest and suggesting they can slant legal advice. While is almost certainly true, don't we think of lawyers (particularly those practicing in civil space) as paid advocates? And not 'impartial advisers'? ftedit.ft.com/Ju3k/e2p8eyga

Interesting take from @FT on conflicts of interest and suggesting they can slant legal advice. While is almost certainly true, don't we think of lawyers (particularly those practicing in civil space) as paid advocates? And not 'impartial advisers'? ftedit.ft.com/Ju3k/e2p8eyga
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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

Major settlement in antitrust case that will affect how Americans buy and sell homes. wsj.com/real-estate/re…

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

Don't court reporters (the ones who make the transcripts, not journos) wield a fairly indefensible monopoly? Exclusive contracts with courts, high prices for a commodity product, barriers to entry, etc.

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

Whatever theoretical antitrust concerns there are, the executive branch could solve them by creating a Troubled Social Media Relief Fund (TSMRF) and having BlackRock manage it

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

Heard Mike Novogratz say on Squawk Box this am that Gary Gensler, while at MIT, thought ETH was not a security. My experience w/ Gensler at that time was he thought the opposite. wsj.com/articles/world…

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Ashlee Vance(@ashleevance) 's Twitter Profile Photo

Things are indeed about to get real, real weird. I spent the last couple of weeks using a coding assisstant AI that can create web sites, debug code and do massive coding jobs all on its own. It's name is Devin and it's backed by $21 million from Peter Thiel and others.…

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

The SEC may indeed lose some of this litigation but reg hawks can just as easily say “US Senators, Representatives, presidential candidates, ex-SEC Commissioners, legal scholars and … some state attorneys general all support the SEC’s claim of authority over crypto assets.”

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

SEC charged investment manager today for same late filings conduct that it thinks Elon Musk committed when buying Twitter. Facts in this case happened couple months before Elon bought Twitter -- but U.S. Securities and Exchange Commission still investigating Elon and hasn't filed case sec.gov/news/press-rel…

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

If it ever gets to that point. And of course FTC already seeking lot of same stuff in its 6(b) investigation targeted at Microsoft and OpenAI. ftc.gov/news-events/ne…

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Dave Michaels(@davidamichaels) 's Twitter Profile Photo

Journalism says if you tease something this good high in your story, gotta come back & give reader more on it. But I see nothing in the indictment about this commodity fraudster's robust dog-walking side hustle ...

Journalism says if you tease something this good high in your story, gotta come back & give reader more on it. But I see nothing in the indictment about this commodity fraudster's robust dog-walking side hustle ...
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