A summary of changes to Schedule 13D/G reporting. On October 11, 2023, the U.S. Securities and Exchange Commission (the SEC) adopted its final rule (the Final Rule) amending certain beneficial ownership reporting...more
In SEC v. Ripple Labs, the U.S. Securities and Exchange Commission (“SEC”) alleges that Ripple Labs, Inc. and two of its executives raised over $1.3 billion through an unregistered and ongoing digital asset securities...more
7/18/2023
/ Capital Raising ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Offerings ,
Ripple ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Litigation ,
Securities Violations ,
Unregistered Securities
Legislators in the State of New York (NY), whose law governs many sovereign debt contracts, introduced three general categories of bills related to sovereign debt restructurings. The first is intended to provide support under...more
6/13/2023
/ Coronavirus/COVID-19 ,
Debt Restructuring ,
Debt Service Suspension Initiative ,
EU ,
Legislative Agendas ,
New Legislation ,
OECD ,
Proposed Legislation ,
Regulatory Agenda ,
Regulatory Reform ,
Sovereign Debt ,
UK
On November 30, 2022, the Staff (Staff) of the Division of Trading & Markets of the Securities and Exchange Commission (the SEC) issued a no-action letter (the November 2022 NAL) (extending relief from the requirements of...more
As LIBOR (London Interbank Offered Rate) transitions, various jurisdictions are mapping out the path forward.
...more