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Nasdaq Amends Proposal to Modify Rule for Initial Listing Liquidity Requirements

In December 2024, the Nasdaq Stock Market LLC submitted a proposal to the US Securities and Exchange Commission (SEC) to modify its requirements for calculating the minimum Market Value of Unrestricted Publicly Held Shares in...more

SEC Expands Accommodations for Reviewing Nonpublic Registration Statements

On March 3, the US Securities and Exchange Commission’s (SEC) Division of Corporation Finance announced that it is expanding the accommodations available to issuers submitting nonpublic draft registration statements for staff...more

Open Meeting Report: SEC Approves SPAC Final Rules in 3-2 Vote

US Securities and Exchange Commission (SEC) Chair Gary Gensler led an open meeting on January 24, 2024, hosting discussions that evaluated the potential benefits and pitfalls associated with the adoption of proposed rules...more

NFT Cat Fight: SEC Offensive Against NFTs Continues with Stoner Cats 2, LLC

This public offering purportedly raised approximately $8.2 million from investors to finance Stoner Cats, an adult animated television show featuring house cats that gain sentience after exposure to their owner’s medical...more

All Your Ether (Are) Belong To US: SEC Claims Jurisdiction Over Entire Ethereum (ETH) Network

The US Securities and Exchange Commission (SEC) has filed an enforcement action against crypto influencer Ian Balina in the Western District of Texas alleging that he promoted unregistered securities in connection with the...more

Federal Regulation of Securities Committee of the Business Law Section of the American Bar Association Takes Aim at SEC Proposed...

On March 30, 2022, the US Securities and Exchange Commission (the "SEC" or “Commission”), in a three-to-one vote of its commissioners divided along political lines, approved the issuance of proposed rules (“Proposed Rules”)...more

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