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US 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings

A federal appeals court in New Orleans is considering a proposal that would mandate lawyers to confirm whether they utilized artificial intelligence (AI) programs to draft briefs, affirming either independent human review of AI-generated text accuracy or no AI reliance in their court submissions.In a notice issued on Nov. 21, the

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VanEck, ARK filings ‘officially’ start clock for spot Ethereum ETFs: Analyst

The race for the United States’ first spot Ethereum exchange-traded fund has officially begun after new 19b-4 filings by the Chicago Board Options Exchange (CBOE), which will "ultimately start the clock" for an SEC decision.  On Sept. 6, the CBOE filed two 19b-4 applications to the United States securities regulator, requesting

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How the spot Bitcoin ETF filings affected the crypto industry in June: Report

The news surrounding BlackRock’s application for a spot Bitcoin (BTC) exchange-traded fund (EFT) sent the asset’s price from its local lows in mid-June to a strong monthly close of +12%. To most observers, this was a sign that institutional investment into the cryptosphere is once again on the horizon. A

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US SEC deems spot Bitcoin ETFs filings as inadequate: Report

There may be a longer wait for a spot Bitcoin exchange-traded fund (ETF) in the United States as the Securities and Exchange Commission (SEC) labeled investment managers' recent applications inadequate.According to the Wall Street Journal, the securities regulator told the Nasdaq and the Chicago Board Options Exchange (Cboe) that their

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