Oct 17, 2023 CFTC Resuscitates Version of MLB’s Former 'Neighborhood Play' to Sue Principal of Defunct Crypto-Asset Entity Voyager as a Commodity Pool Operator By Gary DeWaal Dan Davis Christian Hennion 'The Commodity Futures Trading Commission appears to have revived a version of Major League Baseball’s “neighborhood play,” as evidenced...
Oct 10, 2023 UK Crypto AML Registrations: FCA Feedback on Good and Poor Quality Applications By Neil Robson Christopher Collins Sara Portillo On 6 October 2023, the Financial Conduct Authority (“FCA”) updated its anti-money laundering (“AML”) and counter terrorist financing...
Oct 10, 2023 Join Katten for Securing Success: Decoding SEC and Other Cybersecurity Requirements in an Intensifying Threat Environment on October 26 By Katten Events In today's digital world, public and private companies are facing a growing number of cybersecurity threats while simultaneously...
Oct 06, 2023 SEC’s Request for Interlocutory Appeal of Favorable Rulings for Ripple Labs’ Defendants Rejected Based on Well-Settled Law By Gary DeWaal Dan Davis Sheehan Band Alex Kim +1 more... Show less On October 3, 2023, a federal court denied the Securities and Exchange Commission’s request to certify for appeal the same court’s...
Sep 25, 2023 FCA Final Warning for Cryptoasset Firms Publishing Financial Promotions in the UK By Neil Robson Christopher Collins Sara Portillo On 21 September 2023, the Financial Conduct Authority (FCA) published a letter (Letter) setting out a “final warning” to cryptoasset...
Sep 15, 2023 FCA Publishes Letter on Preparations for Cryptoasset Financial Promotion Rules By Neil Robson Christopher Collins Sara Portillo On 7 September 2023, the Financial Conduct Authority (“FCA”) published a letter (“Letter”) setting out its findings from meetings with...
Sep 11, 2023 US Court Holds DeFi Developer Cannot Be Held Liable for 3d Party Bad Actors; A Week Later, CFTC Suggests Contrary View Over One Commissioner’s Dissent By Gary DeWaal Dan Davis A developer and financial backers of a renowned decentralized finance protocol cannot be held liable to private litigants for the...
Aug 29, 2023 SEC Denial of Grayscale Bitcoin Fund Was Arbitrary and Capricious, Rules DC Circuit Court of Appeals By Gary DeWaal Dan Davis Sheehan Band Alex Kim +1 more... Show less The Securities and Exchange Commission acted arbitrarily and capriciously when it denied Grayscale Investment LLC’s proposed listing of a...
Aug 29, 2023 Offering of NFTs Allegedly Promoted as Investments Claimed To Be Unregistered Securities Offering by SEC in Settled Enforcement Action By Gary DeWaal Dan Davis An offering of non-fungible tokens was deemed an unlawful offering of securities without registration by the Securities and Exchange...
Aug 18, 2023 FCA Publishes Expectations on the Travel Rule for UK Cryptoasset Businesses By Neil Robson Christopher Collins Ciara McBrien The Financial Conduct Authority (FCA) has published a statement (Statement) on its expectations for UK cryptoasset businesses (CBs)...
Aug 15, 2023 Join Katten for the 11th Annual Tax-Efficient Investing Program on September 13 By Financial Markets and Funds CLICK HERE to register for this event. Industry-leading authority Henry Bregstein will moderate a half-day program on tax-efficient...
Aug 03, 2023 A Disagreement Among Judges in the Same Courthouse Arises in Ruling Denying Motion to Dismiss SEC Enforcement Action Against Terraform Labs By Gary DeWaal Dan Davis One US federal district court judge affirmatively challenged the analysis of another district court judge sitting in the same courthouse...
Jul 26, 2023 Recent DC Circuit Court of Appeals Case Brings FINRA to the Forefront of the SRO State Actor Controversy By Susan Light Peter Wilson Richard Marshall Carl Kennedy Dan Davis James Brady +3 more... Show less A recent DC Circuit Court of Appeals challenge to a FINRA enforcement action brings into question whether FINRA should be held...
Jul 18, 2023 Ripple Court to SEC: In the Words of Yogi Berra, "The Future Ain’t What It Used to Be" By Gary DeWaal Dan Davis As the great American philosopher and baseball legend Yogi Berra once said, "The future ain't what it used to be." Yogi was prescient (as...
Jul 17, 2023 Law Commission Publishes Recommendations for Digital Assets Reform By Neil Robson Carolyn Jackson Nathaniel Lalone Christopher Collins Ciara McBrien +2 more... Show less On 28 June 2023, the UK’s Law Commission (“Commission”) published its final report (“Report”) setting out its recommendations to UK...
Jul 10, 2023 FCA Publishes Letter to Cryptoasset Firms on Changes to Financial Promotion Rules By Neil Robson Christopher Collins Ciara McBrien On 4 July 2023, the Financial Conduct Authority (“FCA”) published a letter (“Letter”) that it has sent to cryptoasset firms warning them...