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DeFi protocol Uniswap and investors avoid suit for fraudulent activity on digital asset exchange

On August 30, 2023, in a case of first impression, the U.S. District Court for the Southern District of New York dismissed in full a putative securities class action against Uniswap Labs, a decentralized finance (“DeFi”)...more

Electronic storage rule amendments

The Securities and Exchange Commission, on October 12, 2022, adopted amendments to its books and records electronic storage requirements for broker-dealers and certain security-based swap entities (“SBSEs”). The final rule...more

Lummis-Gillibrand Responsible Financial Innovation Act proposes comprehensive regulatory framework for digital assets in the...

On June 7, 2022, Senator Kirsten Gillibrand (D-NY) and Senator Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act (RFIA), a highly anticipated legislative proposal that, if enacted by Congress and...more

SEC proposes enhanced ESG disclosures with significant repercussions for private funds, private wealth advisers, and...

On May 25, 2022, the Securities and Exchange Commission (the SEC) proposed rule and form amendments that, if adopted, would require specific, additional disclosures regarding environmental, social, and governance (ESG)...more

U.S. Securities and Exchange Commission proposes extensive climate-related disclosure regime covering all SEC registrants

On Monday, March 21, 2022, the U.S. Securities and Exchange Commission (SEC) proposed, at a scheduled Open Meeting, amendments to its rules under the Securities Act of 1933 and the Securities Exchange Act of 1934 that would...more

Proposed Revisions to the Volcker Rule

On January 30, 2020, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Securities and Exchange Commission and the Commodity...more

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