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SEC
SEC Hires Citadel Alum for Artificial Intelligence Advice
Stan Yakoff began work as the SEC’s new senior adviser on AI and exams in June
2 minute readJuly 09, 2026 at 03:57 PMBy
Alyssa Aquino
SEC Building
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The U.S. Securities and Exchange Commission has hired a Citadel Securities alum for what appears to be a newly created position, advising the agency on artificial intelligence
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After SEC’s U-Turn, Supreme Court Refuses to Review Agency’s ‘Gag Rule’ for Defendants That Settle
Alyssa Aquino
The justices denied the petition for certiorari on Monday without any legal explanation, as is customary for decisions issued through its order list. The denial comes after the SEC voted to rescind its long-standing no-deny rule, which government attorneys argued mooted the entire case
June 29, 2026
Clayton Nomination as DNI Is Placed on Hold Until McDonald Can Be Confirmed as Manhattan U.S. Attorney
Emily Saul
In a Truth Social post hours before Clayton was expected to appear before the Senate, Trump said the nomination was on pause, because “I may not be able to get the extraordinary Sullivan & Cromwell Partner, Jamie, approved, and I don’t want to take Jay Clayton away from the great job he is doing until Jamie is in place.”
June 17, 2026
Ex-Trader Pleads to Obstructing Probe on Eve of $600M ‘Cherry-Picking’ Trial
Alyssa Aquino
The guilty plea averts a trial that had been expected to begin Monday and last for five weeks. Defendant Ken Leech, formerly an officer at California-based Western Asset Management, was represented by Morvillo Abramowitz Grand Iason & Anello and Cleary Gottlieb Steen & Hamilton
June 12, 2026
US Supreme Court Places Curbs on Investor Suits Against Investment Funds
Alyssa Aquino
In a decision curbing investor lawsuits against investment funds, the high court rejected activist investor Saba Capital Management’s arguments that Section 47(b) implicitly created a private right of action allowing it to sue a group of hedge funds that moved to limit its voting power
June 11, 2026
Feds Appear Set to Drop Criminal Case Against Adani Following SEC Civil Settlement
Emily Saul
The DOJ is expected to ask a judge to dismiss the criminal case against the Indian billionaire businessman Gautam Adani and his nephew on Monday, also expected to announce the resolution of a civil investigation into the Adani Group.Â
May 15, 2026
