Compliance and audit professionals are hearing today that the DOGE mind virus has now reached the Securities and Exchange Commission, with significant cuts in personnel and resources looming. Let’s take a look at all this to understand what’s really going on at the SEC and how those changes are likely to affect corporate compliance and audit teams. First and most…
An inability or self-imposed refusal to bring enforcement actions before an ALJ likely will diminish a regulator’s likelihood of success in many litigations. Further, litigating in federal district court also can require more government resources. Although the legal landscape is still evolving and it is difficult to make reliable predictions at this point, this change in position should alter the…
The Securities and Exchange Commission today announced that its Crypto Task Force will host a series of roundtables to discuss key areas of interest in the regulation of crypto assets. The “Spring Sprint Toward Crypto Clarity” series will begin on March 21 with its inaugural roundtable, “How We Got Here and How We Get Out – Defining Security Status.” Source:…
The U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Cumberland DRW, the crypto trading arm of Chicago-based trading firm DRW, according to a Tuesday announcement from the company. The SEC sued Cumberland DRW last October, accusing the firm of acting as an unregistered securities dealer and alleging it sold more than $2 billion in…
Vedder Price is pleased to announce that trial attorney Daniel R. Alonso has joined the firm’s New York office as a Shareholder in the Government Investigations and White Collar Defense Group and Co-Chair of Latin America Investigations and Litigation. Source: Vedder Price Expands New York Office with Addition of White Collar Attorney Daniel R. Alonso | News | Vedder Thinking…