Second Circuit Affirms Judgment Against Hedge Fund, Adviser in SEC Suit

Siding with the Securities and Exchange Commission, the U.S. Court of Appeals for the Second Circuit June 17 affirmed that hedge fund Colonial Fund LLC, its adviser, and…

Democrats’ Plan to Combine Oil Spill Legislation, Energy Bill Meets Republican Resistance

Oil spill legislation being drafted on Capitol Hill should remain separate from energy legislation slated for the Senate floor consideration this summer…

Carbon Emissions Caps for Only Utilities Get New Look as Climate Bill Advocates Search for Votes

Struggling to find the 60 votes they need to get a climate change bill to the Senate floor, Democratic senators said June 22 they are open to scaling back…