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- The SEC has filed its cures reply transient and supporting proof underneath seal.
- Based on James Fillan, the paperwork filed by the SEC are but to be made public.
- The SEC will file the redacted model of its cures transient by Wednesday, Could 8, 2024.
Based on James Filan, a famend protection lawyer, the U.S. Securities and Change Fee (SEC) has filed, underneath seal, its cures reply transient and supporting proof within the ongoing case towards Ripple. Nonetheless, Filan famous that the paperwork filed by the SEC are but to be made public.
In the meantime, the protection lawyer famous that the SEC will file the redacted model of its cures transient by Wednesday, Could 8, 2024. He additionally highlighted that different sealing-related filings would observe Wednesday’s submitting.
Filan shared an already-prepared schedule of the filings, starting from the SEC’s reply transient underneath seal, which the fee filed on Could 6. Based on the schedule, the SEC and Ripple will meet and confer to determine redactions sought by both sides and third events, if any, to the reply briefs and reveals
on Could 7.
On Could 8, the SEC will file a public, redacted model of the reply transient and any supporting reveals not designated by both occasion or third events as confidential or extremely confidential underneath the protecting order.
After Could 8, the subsequent schedule will occur on Could 13, when SEC, Ripple, and any third events will file omnibus letter motions to seal all supplies associated to the remedies-related briefs, declarations, and supporting reveals. All events would additionally file proposed redactions to the supplied supplies on the identical day. On Could 20, the ultimate day of the schedule, the events will file letter briefs in opposition to omnibus letter motions to seal.
It’s important to notice that underneath the joint proposal, the events can be required to file public, redacted variations of all paperwork inside 14 days of the Court docket’s rulings on the omnibus sealing motions.
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