Daily Archives: October 6, 2022, 8:46 am

Jones Day welcomes Alexander Wilson to Investigations & White Collar Defense Practice as partner in New York | News | Jones Day

Alexander J. Wilson, former Chief of the Money Laundering & Transnational Criminal Enterprises Unit in the U.S. Attorney’s Office for the Southern District of New York, has joined Jones Day as a partner in the Investigations & White Collar Defense Practice. Mr. Wilson will be based in the New York Office. Source: Jones Day welcomes Alexander Wilson to Investigations &…

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 Gary Gensler the Righteous Man – Nelson Mullins 

Samuel L. Jackson’s character Jules Winnfield in the Quentin Tarantino classic, Pulp Fiction, famously described himself as the “righteous man.” SEC Chairman Gensler is viewed by some as the FinTech version of the righteous man. In a recent speech, Gensler quoted the first Chairman of the SEC, Joseph Kennedy who noted: “No honest business need fear the SEC.” Unfortunately, Gensler…

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US Crypto Legislation Stalls in Congress, Dashing Hopes for Regulatory Clarity – Bloomberg

US lawmakers’ efforts to pass significant crypto legislation by the end of the year are on life support, leaving in place Washington’s scattershot approach to digital coins. Several high-profile, bipartisan bills that once seemed to have a promising shot of passing before the end of 2022 are held up, with congressional committees pushing off important votes. And now with lawmakers…

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US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get | Nasdaq

But Behnam is a federal regulator installed by the same president that picked Securities and Exchange Commission (SEC) chief Gary Gensler, who is held up by the crypto industry as its governmental antagonist. Gensler’s SEC is often accused of regulating crypto through enforcement actions, and it’s showing signs that it only intends to speed up that process. While Behnam had…

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