On Monday, they filed a motion to dismiss an amended complaint submitted by the SEC last month. Their filing argues that the amended complaint pays “lip service” to an earlier court ruling that crypto assets are not in and of themselves securities but “refuses to accept the logical conclusion of that ruling—that secondary market resales of the assets long after…
Legal challenges over the SEC’s corporate climate disclosure and hedge fund fee reporting rules are a harbinger of more litigation to come over agency regulations, the agency inspector general’s office said. The Securities and Exchange Commission is facing heightened judicial scrutiny under Democrat Gary Gensler, the SEC’s chair since 2021, according to the Office of Inspector General’s annual report on…
Latham & Watkins LLP is pleased to announce that Margaret Graham has joined the firm’s New York office as a partner in the White Collar Defense & Investigations Practice and as a member of the Litigation & Trial Department. Graham joins following 11 years of service as an Assistant United States Attorney (AUSA) for the Southern District of New York,…