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...
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 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...
Jun 09, 2023 Rationality in the Federal Oversight of Digital Assets? It’s Possible Say Members of Two House Committees Proposing New Legislative Framework By Gary DeWaal Dan Davis A framework for a potential bill that would provide (1) the Commodity Futures Trading Commission exclusive jurisdiction over digital...
Feb 10, 2023 SEC’s ESG Task Force Strikes Again By Johnjerica Hodge Ryan Meyer India Williams Activision Blizzard Workplace Misconduct Allegations Transformed into Securities Violations In another victory for the Securities and...
Feb 06, 2023 Half of all States Sue DOL over ESG Rule, Foreshadowing Challenges to the SEC’s ESG Agenda By Danette Edwards Johnjerica Hodge Ifedapo Benjamin On January 26, 2023, twenty-five states, plus a publicly traded energy company with a subsidiary that is a fiduciary and trustee under...
Feb 01, 2023 Whistleblower Complaint Capitalizes on SEC Interest in Sustainability Fraud By Danette Edwards Chris Cole Multiple news outlets recently reported that the activist group Mighty Earth filed a whistleblower tip, which it styled as an informal...
Dec 11, 2022 Public Companies with Exposure to Crypto Markets After FTX Collapse: To Disclose or Not to Disclose – You Better Disclose if Material, Says SEC Staff By Gary DeWaal Dan Davis Danette Edwards The recent collapse of FTX and other companies transacting in cryptoassets prompted staff of the U.S. Securities and Exchange Commission...
Nov 23, 2022 New DOL Rule Enables Consideration of ESG Factors in Investing, Plus the SEC Continues its ESG Enforcement Push in the Absence of Final SEC Rules By Johnjerica Hodge Danette Edwards Nikita Yogeshwarun On November 22, 2022, the U.S. Department of Labor (DOL) announced a final rule promulgated by the Employee Benefits Security...
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,...