5/22/2025 3:02:56 PM Regulatory Clarity and Practical Challenges: Unpacking CFTC Letters 25-09 and 25-10 By Carl Kennedy Alex Kim Derivatives market participants continue to process the implications of two significant interpretive letters issued by the Commodity...
5/16/2025 7:40:41 PM SEC’s Division of Trading and Markets Issues New FAQ Guidance on Broker-Dealer Custody and Net Capital Treatment of Cryptoassets By Dan Davis Susan Light Wayne Aaron James Brady Alex Kim +2 more... Show less The Securities and Exchange Commission (SEC) has taken a significant step toward permitting broker-dealers to custody digital assets and...
5/15/2025 7:19:45 PM Increased Clarity for White-Collar Clients: The Department of Justice Unveils its Revised Corporate Self-Disclosure Policy By Nicholas Liotta Scott Resnik Alan Brudner Michael Rosensaft +1 more... Show less What should U.S. businesses take from the Department of Justice’s (“DOJ”) revisions to its Corporate Enforcement and Voluntary...
5/5/2025 2:42:50 PM UK Cryptoassets: Draft Legislation and FCA Discussion Paper Published By Christopher Collins Neil Robson Carolyn Jackson Nathaniel Lalone Ciara McBrien Sara Portillo +3 more... Show less On 29 April, UK Chancellor Rachel Reeves announced the publication by HM Treasury of near-final legislation to bring cryptoassets within...
4/22/2025 8:56:45 PM A New Playbook: What the CFTC's Operating Divisions Will Consider When Making Enforcement Referrals By Carl Kennedy The three operating divisions of the CFTC (Division of Market Oversight, Market Participants Division, and the Division of Clearing and...
4/17/2025 6:48:01 PM The CFPB Shuts Down Controversial "Regulation Through Guidance" Practices By Ted Huffman Eric Hail The acting head of the Consumer Financial Protection Bureau (CFPB) continues to winnow out regulatory tools used by agency staff under...
4/14/2025 5:01:24 PM SEC Issues Crypto Securities Disclosure Statement as IRS DeFi Broker Rule Repealed By Dan Davis Alex Kim The Securities and Exchange Commission (SEC) Division of Corporation Finance issued a new statement about SEC staff’s experience with SEC...
4/10/2025 6:47:49 PM After 12 Enforcement Actions and 9 No-Action Letters, CFTC Staff Effectively Repeals the Pre-Trade Mid-Market Mark Disclosure Requirement By Carl Kennedy The Commodity Futures Trading Commission's (CFTC or Commission) Market Participants Division (MPD) issued Letter 25-09, which effectively...
4/7/2025 2:41:29 PM SEC Provides Stablecoin Guidance Amid Legislative Developments By Dan Davis Alex Kim On Friday, the Securities and Exchange Commission's (SEC) Division of Corporation Finance issued guidance clarifying when certain...
4/1/2025 8:38:58 PM CFTC Withdraws Pair of Advisories on Heightened Review Approach to Digital Asset Derivatives By Dan Davis On March 28, the staff of the Commodity Futures Trading Commission (CFTC) issued two press releases announcing the withdrawal of two...
4/1/2025 6:28:31 PM Winding Back the Clock: CFTC Withdraws Controversial SEF Registration Staff Letter By Carl Kennedy Carolyn Jackson Nathaniel Lalone Christopher Collins +1 more... Show less The Division of Market Oversight (DMO) of the Commodity Futures Trading Commission (CFTC) has withdrawn its previous staff advisory...
3/21/2025 2:49:26 PM SEC Clarifies Position on Proof-of-Work Mining: What It Means for Bitcoin and Beyond By Dan Davis Alex Kim The Securities and Exchange Commission's (SEC) Division of Corporation Finance issued a significant statement yesterday that certain...
3/17/2025 7:33:09 PM FINRA Proposes and Seeks Comment on Simplified Rules for Outside Business Activities and Private Securities Transactions By Wayne Aaron On Friday, March 14, in Regulatory Notice 25-05, the Financial Industry Regulatory Authority (FINRA) proposed a new rule to address when...
3/7/2025 10:36:26 PM CFPB Drops Challenge That Lease-to-Own Agreements Be Regulated As "Credit" By Eric Hail Ted Huffman On Thursday, the Consumer Financial Protection Bureau (CFPB) dropped its high-profile enforcement action against Acima in Utah federal...
3/7/2025 6:48:52 PM Executive Order Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile By Dan Davis Alex Kim Bitcoin and other digital assets now have a welcome home in the United States government. On March 6, President Trump signed an executive...
3/5/2025 11:46:48 PM NYDFS Annual Compliance Submissions Due April 15, 2025 and New Compliance Requirements Effective on May 1, 2025 By Trisha Sircar As we previously reported, in 2023 the New York State Department of Financial Services (NYDFS) amended its cybersecurity regulation, 23...