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The U.S. Securities and Exchange Commission is launching a review of the main set of rules governing stock trading, opening the door to the biggest potential changes in a decade-and-a-half, the head of the agency said on Friday.

The possible changes are aimed at making it easier to trade illiquid stocks, making more trading information available to investors, and improving the speed and quality of public data feeds needed for trading.

The SEC in 2005 adopted a broad framework called Regulation National Market System that was largely aimed at ensuring retail investors get the best price possible and preventing trades from being executed at prices that are inferior to bids and offers displayed on other trading venues.

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The U.S. women’s national soccer team sued the U.S. Soccer Federation on Friday with allegations of gender discrimination just three months before they open their World Cup title defense in France.

All 28 members of the United States squad were named as plaintiffs in federal court in Los Angeles on International Women’s Day and includes complaints about wages and nearly every other aspect of their working conditions.

The players, a group that also includes stars Megan Rapinoe, Carli Lloyd and Alex Morgan, said they have been consistently paid less money than their male counterparts even though their performance has been superior to the men’s team.

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U.S. President Donald Trump said on Friday his former personal lawyer, Michael Cohen, who has since turned against him and pleaded guilty to multiple crimes, had asked him directly for a pardon but was rejected.

“Bad lawyer and fraudster Michael Cohen said under sworn testimony that he never asked for a Pardon. His lawyers totally contradicted him. He lied!,” Trump tweeted. “Additionally, he directly asked me for a pardon. I said NO.”

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Michael Cohen, the former personal lawyer of U.S. President Donald Trump, on Thursday sued the Trump Organization, saying it reneged on its obligation to reimburse him for millions of dollars of legal fees and costs related to his work.

In a complaint filed in the New York state supreme court in Manhattan, Cohen said the Trump Organization stopped paying him last May after it became clear he would cooperate with various probes into his work.

These include Special Counsel Robert Mueller’s investigation of Russian influence in the 2016 U.S. presidential election, as well as multiple congressional probes.

Cohen said the Trump Organization owes him at least $3.8 million, and its failure to pay breached a reimbursement agreement that predated his cooperation.

Continue reading “Michael Cohen sues Trump Organization for unpaid legal fees”

Uber Technologies Inc is not criminally liable in a March 2018 crash in Tempe, Arizona, in which one of the company’s self-driving cars struck and killed a pedestrian, prosecutors said on Tuesday.

The Yavapai County Attorney said in a letter made public that there was “no basis for criminal liability” for Uber, but that the back-up driver, Rafaela Vasquez, should be referred to the Tempe police for additional investigation.

Continue reading “Uber not criminally liable in fatal 2018 Arizona self-driving crash: prosecutors”