At an SEC Crypto Task Force roundtable, the SEC Commissioners highlighted issues with current crypto custody regulation and raised questions as to the best approach “to accommodate crypto assets and blockchain technology” while protecting investors.
The full update can be found here on our US Regulatory Intelligence platform.
The Office of Management and Budget (“OMB”) provided “initial implementation guidance” for regulatory agencies to comply with President Trump’s Executive Order “Ensuring Accountability for All Agencies.”
The full update can be found here on our US Regulatory Intelligence platform.
After undertaking a legal analysis, the SEC Division of Corporation Finance concluded “that the offer and sale of Covered Stablecoins, … do not involve the offer and sale of securities within the meaning of [the Securities Act or the Exchange Act].”
The full update can be found here on our US Regulatory Intelligence platform.
The SEC voted to end its defense of the rules requiring disclosure of climate-related risks and greenhouse gas emissions. The rules created a detailed and extensive special disclosure regime about climate risks for issuing and reporting companies.
The full update can be found here on our US Regulatory Intelligence platform.
House Republicans urged the SEC to reform current rules on shareholder proposals, warning that “the politicization of the proxy process continues to place a substantial burden on public companies[.]”
The full update can be found here on our US Regulatory Intelligence platform.
SEC Commissioner Hester M. Peirce outlined seven strategies for Congress to streamline crypto regulation.
The full update can be found here on our US Regulatory Intelligence platform.
FINRA requested comment on “modernizing” current rules, guidance and process relating to capital formation.
The full update can be found here on our US Regulatory Intelligence platform.
At the Crypto Task Force inaugural roundtable, SEC Commissioner Caroline A. Crenshaw cautioned Commissioner Hester M. Peirce and Acting Chair Mark T. Uyeda against conceding that many crypto assets and related activities should not be subject to securities laws.
The full update can be found here on our US Regulatory Intelligence platform.
The National Securities Clearing Corporation, a subsidiary of the Depository Trust & Clearing Corporation, will “increase clearing hours to support extended trading.”
The full update can be found here on our US Regulatory Intelligence platform.
Acting SEC Chair Mark T. Uyeda argued that the agency must “prioritize effective and cost-efficient regulations that respect the limits of our statutory authority,” return to a “back to the basics” approach to rulemaking, enhance engagement with stakeholders and embrace product innovation.
The full update can be found here on our US Regulatory Intelligence platform.