December 13, 2018

Regulatory immunity no shield for Options Clearing Corp from accusations some investors got tips on price movement

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By Robert Davis CHICAGO — The organization known as the world’s largest equity derivative clearinghouse must yet face a lawsuit accusing it of tipping off certain investors to changes in the price of certain options, as a state appeals panel says such private admissions undermine the protections it might otherwise enjoy under regulatory immunity. In […]

Oklahoma shuts down wastewater disposal wells after recent earthquake

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By Barclay Richard Nicholson or Johnjerica Hodge Contributed by Norton Rose Fulbright US LLP From ILO The oil and gas industry is often blamed for increased seismic activity across the United States. A recent earthquake has again sparked a debate regarding the alleged connection between hydraulic fracturing and seismic activity. On September 3 2016 a […]

Cayman Islands Minister’s Statement on “Penny Pinching Pensions”

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Statement to the Legislative Assembly 7th Meeting of the 2015/2016 Session of the Cayman Islands Legislative Assembly By the Honourable Tara Rivers, JP, MLA Minister of Education, Employment and Gender Affairs Compliance of Recommendations Made by the Office of the Complaints Commissioner’s Report “Penny Pinching Pensions” 24 June 2016 Mister Speaker, I rise today to […]

Two incidents of armed piracy against sailing vessels reported in the Caribbean in 10 days

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From Ocean Cruising Club United Kingdom – OCC Commodore John Franklin has issued an alert to vessels sailing in waters between Trinidad and Tobago and Grenada. In the last 10 days there have been reports of two incidents of piracy against sailing vessels north of Trinidad. Both took place in daylight and involved local (assumed […]

Cayman Islands OCC celebrates 10th anniversary

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Governor Helen Kilpatrick has emphasised an important link between the Office of the Complaints Commissioner (OCC) and good governance in the Cayman Islands. Speaking at the tenth anniversary of the OCC at Edoardo’s on Thursday, 11 July 2014, the Governor commented that provision of good governance is one of her primary responsibilities, and a role […]

iNews Briefs

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CNCF wants storytellers and poets The Cayman National Cultural Foundation (CNCF) is calling on all Cayman’s storytellers and poets to submit their family friendly works directly to the CNCF at http://www.artscayman.org/. The reason the CNCF want their work is to feature it in their “Caymanian Stories” Saturday morning radio show. Authors are being encouraged to […]

Judgment re Judicial Review against ICO decision of disclosing Tempura

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The following is a condensed version of the Judgment handed down by Sir Alan Moses in the “Matter of an Appeal Against the Decision to Disclose Records Held by a Public Authority and in the Matter of an Application for Judicial Review” On 8 February 2012, Mr John Evans requested disclosure from the Governor’s Office […]