A bill to amend the Japanese laws regulating cryptocurrency exchange businesses or financial instruments transactions, including the Act on Settlement of Funds (Settlement Act) and the Financial Instruments and Exchange
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Greenberg Traurig
Illinois Supreme Court Rules Annuities Are Not Securities Under Illinois Securities Act
On March 21, 2019, in Van Dyke v. Jesse White, the Illinois Supreme Court issued a long-awaited opinion relating to Illinois Securities Department authority to regulate annuities under the…
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SEC Guidance on Exhibit Redactions For Immaterial, Competitively Harmful Information
By Jason K. Zachary on
On April 1, 2019, the SEC provided additional guidance relating to its new rules that permit companies to file redacted material contracts without applying for confidential treatment of the redacted…
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UK Review of the Bribery Act 2010 – Committee Concludes New Guidance Needed
By Anne-Marie Ottaway on
In 2018 the House of Lords announced it would set up an ad hoc Select Committee to conduct a post-legislative review of the Bribery Act 2010. Greenberg Traurig Shareholder Anne-Marie…
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CFTC and NFA Commodities Regulatory Update
By Douglas E. Arend & Jeffry M. Henderson on
Departing from its historical practice but following the approach taken by the SEC and FINRA, the Commodity Futures Trading Commission (CFTC) on Feb. 12, 2019, announced its first release of …
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Blockchain & Cryptocurrency Newsletter – Winter 2019
By Greenberg Traurig on
2018 was a year of transformation for the blockchain industry. While the market continued to see technological advancements in smart contracts, platform functionality, scalability and security, regulators took a firmer…
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Colorado Digital Token Act Exempts Certain Cryptocurrency Transactions From Colorado Securities Laws
Colorado recently passed legislation that will facilitate the sale and transfer of digital tokens in Colorado. Under the Digital Token Act, Colorado businesses will be permitted to effect transactions involving…
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LIBOR and “No-Deal” Brexit
By Thédoor Melchers & Lotte Kuhn on
One of the consequences of a “no-deal” Brexit would be that the United Kingdom would no longer have access to the European financial market. This would affect LIBOR as a…
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Prove It or Lose It: Lost It! NCA Uses New Powers to Freeze Accounts and Secure Substantial Asset Forfeiture
By Anne-Marie Ottaway, Barry Vitou & Gareth Hall on
Posted in white collar
On Feb. 7, 2019, the UK’s National Crime Agency (NCA) confirmed that it had obtained account forfeiture orders over money held in bank accounts in the name of the former…
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FINRA’s 2019 Risk Monitoring and Examination Priorities Letter
By William Mack & Vincent Lewis on
On Jan. 22, 2019, the Financial Industry Regulatory Authority (FINRA) released its 14th Annual Risk Monitoring and Examination Priorities Letter, where it identifies its areas of examination focus for…
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