International law firm McDermott Will & Emery announced that Edward (Ted) Diskant has joined the Firm’s New York office as a partner in its Litigation Practice. Ted is the former head of the Public Corruption Unit in the US Attorney’s Office for the Southern District of New York, where he led a team of approximately 20 senior prosecutors conducting some…
“While demand for cryptocurrencies and the use of cryptocurrency exchanges have sky-rocketed, the lack of common-sense regulations has left ordinary investors at the mercy of manipulators and fraudsters,” Warren said in a statement. “These regulatory gaps endanger consumers and investors and undermine the safety of our financial markets. The SEC must use its full authority to address these risks, and…
Eversheds Sutherland is pleased to announce that Ellen Sheridan-Cona has joined the firm’s Litigation Practice Group as counsel in the New York office, bolstering the firm’s financial services litigation practice particularly in enforcement, compliance and regulatory matters. Ms. Sheridan-Cona joins Eversheds Sutherland from the Financial Industry Regulatory Authority (FINRA), where she was senior regional counsel in the Department of Enforcement…
Some might say approving an ETF only further legitimizes an industry that we should be trying to contain. But the traditional approach to financial market regulation is to refrain from such judgments, and instead to require transparency and integrity in markets and let investors make their own decisions. So, if it’s unlikely that Congress will act to improve crypto regulation,…