As part of an effort to provide greater clarity on the application of the federal securities laws to crypto assets, the SEC’s Division of Corporation Finance has provided its views about the application of certain disclosure…
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/ Securities Law
The SEC staff has promulgated new views on stablecoins. Specifically, the staff statement addresses stablecoins that are designed to maintain a stable value relative to the United States Dollar, or “USD,” on a one-for-one…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
The SEC announced that the Commission had voted to end its defense of the rules requiring disclosure of climate-related risks and greenhouse gas emissions…
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/ Administrative Law, Environmental Law, Securities Law
The SEC looked favorably on designated crypto mining activities by stating that such activities are not securities. Specifically, the SEC addressed “proof-of-work” activities. According to the SEC, Proof-of-work (“PoW”) is a…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
The SEC announced that its Division of Corporation Finance is further facilitating capital formation by enhancing the accommodations available to companies for nonpublic review of draft registration statements…
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/ Business Organizations, Finance & Banking, Mergers & Acquisitions, Securities Law
The SEC Staff at the Division of Corporation Finance issued a statement which said “It is the Division’s view that transactions in the types of meme coins described in this statement, do not involve the offer and sale of…
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/ Finance & Banking, Securities Law
On February 11, 2025, Mark T. Uyeda, the acting chairman of the Securities and Exchange Commission, took action with respect to The Enhancement and Standardization of Climate Disclosures for Inventors rule, which was adopted by…
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/ Environmental Law, Securities Law
Seeking to “unleash prosperity through deregulation” and fulfilling a campaign promise, President Trump has signed an executive order to implement a requirement that for every new regulation, ten existing regulations must be…
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/ Administrative Law, Elections & Politics
In a settled enforcement action, the Securities and Exchange Commission (“SEC”) charged Shift4 Payments, Inc. (“Shift4”), a payment processing company based in Pennsylvania, with failing to disclose payments made to immediate…
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/ Business Organizations, Finance & Banking, Securities Law
On January 21, 2025, SEC Acting Chairman Mark T. Uyeda launched a crypto task force charged with “developing a comprehensive and clear regulatory framework for crypto assets.”…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
On Inauguration Day (January 20, 2025) President Trump issued an executive order requiring an immediate regulatory freeze. The order was among several executive orders that President Trump signed shortly after taking the…
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/ Administrative Law, Elections & Politics, Government Contracting
On December 17, 2024, the Securities and Exchange Commission (“SEC”) announced that it had settled charges against Ohio-based Express, Inc. (“Express”). The SEC ultimately found that Express violated Sections 13(a) and 14(a) of…
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/ Business Organizations, Finance & Banking, Securities Law
Erik Gerding, Director, SEC Division of Corporation Finance, issued a statement to clear up misconceptions following filing of an 8-K disclosing a cybersecurity incident…
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/ Business Organizations, Finance & Banking, Securities Law
Erik Gerding, Director, Division of Corporation Finance, released a statement on the preferred methods to disclose certain cybersecurity incidents. Mr. Gerding noted “The cybersecurity rules that the Commission adopted on July…
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/ Administrative Law, Finance & Banking, Privacy, Science, Computers, & Technology, Securities Law
In Macquarie Infrastructure Corp., et al., v. Moab Partners, L. P., et. al, a unanimous United States Supreme Court held that failure to make MD&A disclosures required by Item 303 of Regulation S-K does not violate Rule…
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/ Civil Procedure, Securities Law
