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 <h2 id="magistrate-judge-grants-joint-stipulation-by-binanceus-and-us-sec">Magistrate Judge Grants Joint Stipulation by BinanceUS And US SEC</h2> 
 <p>According to a filing with the court late September 5, Magistrate Judge Zia M. Faruqui signed an order on a joint stipulation agreed upon by plaintiff U.S. SEC and defendants BAM Trading Services and BAM Management US Holdings (BinanceUS). A stipulation is a formal legal agreement between opposing parties before a pending hearing or trial.</p>  
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 <p>Both parties agreed that it’s in the best interest of efficiency and judicial economy to allow <a rel="noopener noreferrer nofollow" title="Binance.US" href="https://thebittimes.com/tag/binance-us.html">Binance.US</a> to submit a reply in a single filing. Magistrate Judge Faruqui ordered <a rel="noopener noreferrer nofollow" title="Binance.US" href="https://thebittimes.com/tag/binance-us.html">Binance.US</a> to submit its response to opposition to the motion for a protective order and motion to compel and for other relief single memorandum on September 11.</p> 
 <p>Biannce’s reply was actually due on September 5, but multiple exhibits and motions filed by the SEC on August 28 require more time for attorneys to prepare for a valid response. The U.S. SEC requested the court to file a sealed motion for documents under seal, which many speculated as bad news for Binance.</p>  
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 <p>Meanwhile, Judge Amy Jackson approved the appearance of attorney Andrew Rhys Davies for BinanceUS amid a secret filing by the US SEC.</p>  
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 <h2 id="secret-filing-by-us-sec-is-a-motion-to-compel">Secret Filing By US SEC Is A Motion to Compel</h2> 
 <p>The latest court filing also hints at the contents of the SEC’s motion to file ‘document under seal’ that had many to brace for looming bad news.</p> 
 <p>The SEC filed an opposition to the motion for a protective order by <a rel="noopener noreferrer nofollow" title="Binance.US" href="https://thebittimes.com/tag/binance-us.html">Binance.US</a>. Also, it includes a motion to compel and for other relief. A motion to compel asks the court to enforce a request for information from an opposing party, generally in discovery disputes.</p> 
 <p><strong>Read More: Court Filing Hints At Contents Of US SEC’s Secret Filing In Binance Lawsuit</strong></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/judge-faruqui-approves-joint-stipulation-by-binanceus-and-sec-tbt61706.html">https://thebittimes.com/judge-faruqui-approves-joint-stipulation-by-binanceus-and-sec-tbt61706.html</a></p>

Judge Faruqui Approves Joint Stipulation By BinanceUS And SEC

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