Notices by Ann Lipton (annmlipton@esq.social)

"Polymarket built near-perfect copies of its website, then instructed creators to make simulated trades...and hide that they were being paid by Polymarket."

US market is targeted, even though Polymarket's platform is banned here; the company knows you can access via VPN

https://www.wsj.com/business/media/polymarket-social-media-bets-prediction-market-441cdeb5?mod=hp_lead_pos7

cat has opinions on art

https://www.nytimes.com/video/world/europe/100000010968361/cat-interrupts-romeo-juliet-turkey.html?smid=url-share

Well, we still don't have big asset managers weighing in, but so far the Investor Advisory Committee of the SEC has come out against allowing semi-annual reporting:

https://www.sec.gov/files/recs-iac-re-quarterly-vs-semiannual-reporting-062026.pdf

And so has the "shadow SEC," a group of five prominent academics:

https://clsbluesky.law.columbia.edu/2026/06/01/shadow-sec-statement-no-8-comment-on-sec-proposal-to-allow-companies-to-file-semiannual-reports-on-new-form-10-s-in-lieu-of-quarterly-form-10-q-filings/

" About 30% of SpaceX’s free float is now set to be owned by passive investors after just 15 days of trading, according to Intropic, a provider of index-rebalancing forecasts. That figure would be roughly 4% under previous slower-inclusion rules."

https://www.bloomberg.com/news/articles/2026-06-09/spacex-ipo-risks-feedback-loop-as-index-funds-eye-30-of-float

Siri, what do you call it when people invest w/ the goal of flipping to another investor?
https://www.nytimes.com/2026/06/09/business/dealbook/openai-ipo-spacex-anthropic.html

This is another violation of the securities laws, not that anyone cares anymore.

(Now that the S-1 is public, SpaceX is allowed to release this kind of information, but technically -

https://www.reuters.com/business/media-telecom/spacex-plans-raise-75-billion-ipo-135-per-share-source-says-2026-06-03/

@thomasfuchs then the shares never vest and they are never income to him. see how that works?

jfc

Also the human colony grant thing is only 200 million shares, which sounds like a lot, but not when you look at his total "incentive" comp which he can still vote and - w/ board approval - pledge.

Anyway, he wants the headline "Compensation plan depends on a Mars colony" but that's only a fraction of his "incentive" comp, I can't figure out what the milestones are for the rest of it, and, as I said, he gets those shares pretty much now anyway.

He can't sell his high vote shares to a third party - they become ordinary shares if he does - but his family/kids can get them, so there's dynastic control.

Also SpaceX created a class of nonvoting Class C stock, which won't be issued right now, but almost certainly exists so SpaceX can acquire other companies with stock, without diluting Musk's voting control

Yes we can all laugh at SpaceX's incentive plan which requires Musk to establish a human colony on Mars to earn shares, but he gets them now, and can vote them now. They just don't "vest" until he establishes the colony.

He gets dividends and can pledge them for loans, w/ "board approval"

He has a separate set of shares he gets right now, can vote and pledge (with board approval) now, that don't vest until he hits market cap milestones and compute in space milestones.

*snort*

https://www.wsj.com/tech/meta-removes-law-firm-ads-recruiting-clients-to-sue-them-50e4baef

oh nooooo

"Aramark had four weeks to appeal against the decision. However, Simpson Thacher said the appeal was filed a day late because of its 'misinterpretation of the rules'."

https://www.ft.com/content/7a4e22b5-7375-482c-bc6b-114d4c2bcb0b

"In the first four minutes of oral arguments...Judge Robert Bruce King returned to the cats no less than three times...defendant Trent Russell in an interview with the FBI denied accessing Justice Ginsburg's medical information and 'said his cat must have walked across the keyboard.'"

Relatable tbh

https://www.law360.com/securities/articles/2445983

"large language models such as ChatGPT were consistently advising women to ask for lower salaries than men in recruitment processes,... AI tools already in use by more than half of England’s councils were downplaying women’s medical conditions, potentially resulting in unequal care"

https://www.ft.com/content/60e2a900-8999-46cc-8107-4f468f442aae

That is ... unexpected.

"Oklahoma City Mayor David Holt said he’d met with the owners of a warehouse identified by ICE who told him they were no longer going to sell or lease the facility to the agency. 'I commend the owners for their decision and thank them on behalf of the people of Oklahoma City,' Holt said."

https://www.bloomberg.com/news/features/2026-01-29/us-spends-hundreds-of-millions-on-warehouses-for-ice-detention-centers