US securities regulators’ expected crackdown on crypto firms and potential shakeups in insider trading cases are among the closely watched investor issues for the coming year.
Securities litigation involving companies’ environmental, social and governance (ESG) disclosures and practices will also keep court dockets busy. A slowdown in dealmaking likely means fewer lawsuits related to mergers and acquisitions, but a market downturn could spur more fraud cases.
Targets of Securities and Exchange Commission enforcement actions could also soon have a new avenue to fight off the agency’s complaints, as the US Supreme Court is expected deliver a decision in a closely watched case, SEC v. Cochran, by the end of June.
Source: Crypto Crackdown Will Help Shape 2023 Securities Law Storylines