Dec 29, 2021 SEC Delivers Coal Under the Christmas Trees of NYSE Arca and Cboe BZX in the Form of Rejections to List Bitcoin ETFs By Gary DeWaal Two national securities exchanges found coal under their Christmas trees on December 22, 2021, in the form of disapproval orders by the...
Dec 28, 2021 Deja Vu Again Justified?: CFTC Fines Respondents for Wash Sales Less Than Two Weeks After COMEX Fines and Suspends Two Principals for Same Offense By Gary DeWaal A settlement of a potential administrative action against two Dubai residents (Kunal Bansal and Vinit Agarwal) and firms for which they...
Dec 07, 2021 Gary DeWaal Speaking on DeFi at 2021 NASAA Fintech and Cybersecurity Symposium By Financial Markets and Funds Financial Markets and Funds partner Gary DeWaal will speak on a panel "The Future of Decentralized Finance (DeFi): What if there is no...
Dec 02, 2021 CMS Suspending Vaccination Requirement Implementation By Kenya Scott Woodruff In light of the two federal cases in which injunctions were granted against CMS mandatory vaccination mandates, CMS issued new FAQ's...
Nov 30, 2021 Hospital Pricing Transparency Likely to Lead to Only More Scrutiny By Ryan Meyer As more studies continue to emerge regarding the sometimes significant pricing disparities between hospitals for ostensibly similar...
Nov 25, 2021 What Does the SEC's & CFTC's Handling of Kospi 200 Stock Index Futures and Crypto Have in Common? Nothing Today -- But The Approach Should be Similar! By Gary DeWaal On November 23, 2021, the Division of Market Oversight of the Commodity Futures Trading Commission granted "no action" relief to the...
Nov 16, 2021 Just Say No: The SEC Again Rejects an Application for the Listing and Trading of Shares of a Bitcoin Exchange-Traded Fund By Gary DeWaal Dan Davis The Securities and Exchange Commission again rejected an exchange’s application to list and trade shares of a bitcoin ETF on November 12,...
Nov 11, 2021 Another DeFi Yellow Flag Thrown By an SEC Commissioner By Alex Kim The decentralized finance (DeFi) community must address issues of "transparency" and "pseudonymity" before it can deliver on its "new and...
Nov 09, 2021 To Paraphrase Gertrude Stein, A Mickey Mantle Baseball Card Is a Mickey Mantle Baseball Card Is a Mickey Mantle Baseball Card Even If Issued As an NFT By Gary DeWaal Unique digital assets that are intended and used as collectibles and not as payment or investment instruments -- digital collectible...
Nov 08, 2021 If It Quacks Like a Duck... SEC Chairman Gary Gensler Invokes the "Spirit of the Law" as DeFi Takes Center Stage By Alex Kim SEC Chairman Gary Gensler vowed on November 4, 2021, that the SEC will look beyond the label of decentralized finance (DeFi) or...
Nov 04, 2021 Laura Keidan Martin Speaking At The IAHA 39th Annual Health Law Symposium By Laura Keidan Martin Katten Events Health Care partner Laura Keidan Martin will moderate "A Conversation with CMS: Modernizing and Clarifying the Physician Self-Referral...
Nov 04, 2021 Connecticut Jury Finds Four Crypto Mining-Linked Products are Not Securities By Sheehan Band On November 1, 2021, a jury decided that certain crypto mining-linked products were not securities. The case is Audet et al. v. Garza et...
Nov 01, 2021 President's Working Group Report Attacks Stablecoins As Well As CeFi Platforms and DeFi Protocols By Gary DeWaal In as much an attack on centralized crypto asset trading ("CeFI") platforms and decentralized finance ("DeFi") protocols as stablecoins,...
Nov 01, 2021 Material Influencers or Controllers of DeFi Applications May Be Subject to Obligations of a Virtual Asset Service Provider Says the FATF By Gary DeWaal Persons with "sufficient influence or control" over a DeFi application potentially should be responsible for the anti-money laundering...
Oct 30, 2021 Stablecoins Likely to Continue Under Sword of Damocles for the Interim Future By Gary DeWaal A framework for the potential regulation of stablecoins apparently will be proposed by the President's Working Group on Financial Markets...
Oct 28, 2021 CFTC Crypto Chess? By Dan Davis Acting Chairman Behnam put the CFTC front and center in the crypto conversation during his nomination hearing today before the Senate...