Newsletters

08.04.22

SEC Enforcement Case Labels Some Cryptocurrency Tokens as Securities

In the long running question of whether cryptocurrency tokens are securities, the Securities and Exchange Commission has volleyed new claims against a former employee of Coinbase Global, Inc., alleging insider trading of securities listed on the exchange.


01.25.22

Crypto Reporting Rules in the Biden Infrastructure Deal

The Infrastructure Investment and Jobs Act, H.R. 3684, commonly referred to as the infrastructure bill, was signed into law by President Biden on November 15, 2021.


11.23.21

U.S. Cyber Regulations Expand: Banking Agencies Approve New Incident Notification Requirements

On November 18, the Office of the Comptroller of the Currency, the Federal Reserve and the Federal Deposit Insurance Corporation adopted a rule that will require banking organizations and their bank service providers to give notice of certain computer-security ...


11.12.21

SEC Commissioner to DeFi: Follow the Law or Face Enforcement

In a recent article, SEC Commissioner Caroline A. Crenshaw encouraged DeFi participants to voluntarily comply with securities law regulations, in particular those governing risk disclosure, warning that additional enforcement actions are likely against those who fail to do so.


05.20.21

OCC Hits the Brakes on Crypto and Fintech: What Next?

When Michael Hsu became acting U.S. Comptroller of the Currency earlier this month, banking industry experts predicted a shift away from the aggressive innovation pushed by fintech-friendly Brian Brooks, who resigned as the Biden administration prepared to take the reins.


01.05.21

Fintech Year in Review—2020

As we prepare to put 2020 in the rearview mirror, many of us will not have fond memories of the year.


01.04.21

Financial Services M&A and Capital Markets: Top 5 Takeaways From 2020

What can we really say about 2020?—a year more unique than any year we can remember.


12.10.20

New York Drags Its Securities Filings Into the 21st Century

New rules will simplify the notice filing process for private placements by requiring filings be made on a Form D via the North American Securities Administrators Association multistate Electronic Filing Depository, consistent with how such filings have long been made in most other states.  


10.22.20

Security Implications of Extraterritorial Application of U.S. Law on Cryptocurrency Markets

Recent action by the U.S. government reminds us that engaging in the cryptocurrency markets continues to present counterparty risk in the context of with whom you are doing business.


08.27.20

SEC Makes Key Changes to Accredited Investor Definition

In its Final Rule issued on August 26, 2020, a divided Securities and Exchange Commission (SEC) expanded the group of individuals and entities permitted to invest in private securities by amending the definitions of “accredited investor” and “qualified institutional ...