High-Frequency Trading (HFT)

Morning Docket

Morning Docket: 07.12.16

* How would a Gingrich VP run impact Dentons? Because Gingrich getting a 4-month vacation is the most pressing question about the Trump ticket at this point. [The Am Law Daily] * North Carolina enacts legislation to keep police cam footage out of the public record in a move that isn't a cynical cover up effort at all. [ABC 11] * International arbitration panel rules against China's claims to South China Sea territory. It's like that apocryphal story about Andrew Jackson saying of John Marshall "let him enforce it" if Andrew Jackson was armed with nuclear weapons. [Huffington Post] * The Department of Justice is going to bat to protect the Department of Labor's fiduciary rule as plaintiffs beg judge to take a bat to the Department of Labor's fiduciary rule. [The National Law Journal] * In a pending gender bias suit, Bank of America denies having a "Bro's Club" culture. I'm fuzzy on the regulations, but I'm pretty sure in that statement BofA just forfeited its status as a "bank." [Law360] * Did you know prison laborers are planning to go on strike on September? Me neither, but there you go. [Occupy] * Straightforward review of the CFTC's proposed Regulation AT aimed at the practice of automated trading. [Morrison Cohen] * University of Houston Law Center professor and former dean Stephen Zamora died last week. He was 72. [UH Law Center]

By Joe Patrice
Copyright

Non-Sequiturs: 09.08.14

* David Letterman and CBS got smacked with the latest internship class action. To think, poor Paul Shaffer’s been working for free all those years. [Deadline] * Class action could be on the horizon over high-frequency trading. [Wall Street Journal] * Frankly, I don’t know what the problem is. [Washington Post] * You may have been following the story of Justice Ginsburg’s officiating a wedding in New York this weekend. Well, if so, here’s the Times write-up. [New York Times] * The federal courts are looking at tightening the word limits on appellate briefs. How do you feel about this move? I’m with the author that “The number of cases where attorneys think they need a word extension is greater than the number of cases that actually warrant one.” [New Mexico Appellate Law Blog] * Scott Brown, formerly of both Massachusetts and the Senate, is threatening to sue Harvard’s Larry Lessig after Lessig labeled the Nixon Peabody “advisor on governmental affairs” a “lobbyist.” Lessig asks if the campaign preferred he write the more technical, “sold his influence to a DC lobbying firm.” Ha. [Time] * Fordham professor Susan Scafidi, founder of the Fashion Law Institute and designer Narciso Rodriguez make the case for strong legal protection for fashion designs. [Room for Debate / New York Times] * On Friday, Keith Lee wrote about a lawyer who billed a client for sanctions. We’ve written before about lawyers billing for the time spent boning their clients. A law professor who teaches professional responsibility asks: “Is billing for sanctions better or worse than billing for sex. I say sanctions. Can we have a survey on this?” Of course you can. Poll after the jump….

By Joe Patrice
Biglaw

Non-Sequiturs: 06.05.14

* Apparently Hogwarts has opened up a law school. Protip: Slytherin kids make the best lawyers. [Legal Cheek] * Judge Ana Gardiner was disbarred for texting the prosecutor while presiding over a murder trial. It’s good to see Broward County take back the spotlight of crazy from Brevard County. [Daily Business Review] * Don’t dress as an animal at a zoo unless you want to get shot. [Seattle Post-Intelligencer] * Remember the Seinfeld episode where Uncle Leo thinks every bad break is the result of anti-Semitism? Meet Uncle Leo the Lawyer. [Las Vegas Review-Journal] * What does your hair mean for your career? [Corporette] * Skadden Arps says there’s no such thing as “clandestine contracts” with high-frequency traders. They probably wanted to check with their clients before making that claim… [Wall Street on Parade] * Elizabeth Wurtzel wants to have babies. Woe to the Republic. [Time] * We are entering the Age of Narcissism. [What About Clients] * We’ve discussed the troubling statistics showing that black people are by and large shut out of career advancement in Biglaw. Aric Press, editor-in-chief at ALM, discusses the study with Lee Pacchia below…. [Mimesis Law]

By Joe Patrice