In April 2023, the SEC re-proposed amendments to Exchange Act Rule 3b-16 to expand the definition of what it means to be an exchange. When the SEC initially proposed these amendments in January 2022, there were zero direct...more
10/12/2023
/ Alternative Trading System (ATS) ,
Blockchain ,
Comment Period ,
Compliance ,
Compliance Dates ,
Crypto Exchanges ,
Cryptoassets ,
Decentralized Finance (DeFi) ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Contract ,
Proposed Amendments ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Regulation
On September 7, 2023, the Commodity Futures Trading Commission (CFTC) announced the settlement of three separate enforcement actions in the decentralized finance (DeFi) space: namely, concerning the Opyn protocol and its...more
9/19/2023
/ Blockchain ,
CFTC ,
Commodities ,
Commodity Exchange Act (CEA) ,
Decentralized Finance (DeFi) ,
Designated Contract Markets (DCMs) ,
Digital Assets ,
Enforcement Actions ,
Futures Commission Merchants (FCMs) ,
Regulatory Violations ,
Token Sales