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US SEC cannot appeal Ripple Labs decision, judge rules

A federal judge on Tuesday refused to let the U.S. Securities and Exchange Commission appeal her recent decision involving Ripple Labs, a ruling that has been seen as a major defeat for the regulator in its effort to police cryptocurrency markets. In her July 13 decision, U.S. District Judge Analisa Torres in Manhattan had ruled that the sale of Ripple's XRP digital token on public exchanges complied with federal securities laws because purchasers had no reasonable expectation of profit ba...
New York United States Jed Rakoff Chris Larsen Jody Godoy Brad Garlinghouse
Source: yahoo.com

Detailed text transcripts for TV channel - FOXNEWS - 20131130:15:34:00

To charles painters point, this was going to come to pass, it would have never passed, would have never passed. >> by the way, if they were really concerned about costs, they would have done something with tort reform. >> well, i guess my point is this -- >> well, if you had health care -- >> -- is not what was promised or is pabi inpanning out here. a lot of companies are, charlies point, going to start crunching the numbers and crunch some people out. theyre doing it with retirees now. theyre ...
Health Care Charles Painter Tort Reform Pabi Inpanning Public Exchanges

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