A cryptocurrency investor in Arizona has alleged that digital asset ranking site CoinMarketCap.com unfairly suppressed the ranking of a token that competes directly with the digital currency issued by CoinMarketCap's corporate owner, Binance Capital Management....
Any party who issues, sells or promotes securities is forbidden from making false or misleading statements and from omitting material information regarding the security. What is a material omission? According to the U.S. Securities and Exchange Commission (SEC), a...
Corporate executives and their trading practices are being further scrutinized by the U.S. Securities and Exchange Commission (SEC), which is reviewing possible rule changes, as well as possible abuses of existing rules pertaining to stock trading options. The SEC’s...
"Judicial Cross-Currents in Debtor and Creditor Law §278" Published July 9, 2021 Read the full article.
Rather than investing in traditional low-risk, low-yield assets like commercial paper, money markets and government debt, corporations are increasingly converting cash reserves into digital currencies. For many, cryptocurrencies are a hedge against inflation concerns...
Partner Kevin J. O'Brien will be a panelist at a Lexology webinar on Thursday, June 24th, discussing the Meng Wanzhou case. Please see this announcement for more details. Registration info is also available here.
The controversial, unprecedented case involving Huawei chief financial officer Meng Wanzhou raises many questions regarding customary international law, political influence in white collar cases, and corporate practices as they relate to sanctions violation...
Data breaches are a growing concern for broker-dealers in the financial services industry. In recent months, the Securities and Exchange Commission (SEC) has reported a spike in "attempts by outside bad actors" to gain access to accounts. For broker-dealers, failing...
Of the many matters overseen by the U.S. Securities and Exchange Commission (SEC), regulatory efforts aimed at cryptocurrency have given rise to some of the agency's perhaps most boggling determinations. That was made clear in a recent discovery hearing in the U.S....
Adam Ford, an attorney representing Gentile, characterized the SEC’s latest complaint as "an embarrassment for what was once a reputable government agency.” “We expect to get these bogus allegations promptly dismissed, as we have with the prior three complaints the...
