As we continue here at the CMFA to span the globe to cover the ever increasing growth of ESG (Environmental, Social, and Governance)-related financial regulatory issues, I’m reminded of my favorite part of watching live sports: being part of a crowd. The energy inside the stadium is…
Remember the Wide World of Sports? Spanning the globe to bring you the constant variety of sport… the thrill of victory… and the agony of defeat… the human drama of athletic competition. I loved it. You never knew exactly which sport you’d be watching when you tuned…
Earlier this week, in Liu v. SEC, the Supreme Court held that the SEC may seek “disgorgement” from a wrongdoer in a civil action, but only to the extent of the net profits from a violation and the award must benefit the victims. Unlike several other recent…
The SEC’s “accredited investor” definition bars investors who earn less than $200,000 a year or have a net worth less than $1 million from taking part in private securities offerings. It’s a definition even its mother no longer loves: SEC Commissioner Elad Roisman says it “stands between…
Uncertainty about the application of the securities laws has been an important concern, and a barrier to growth, for many crypto projects. Commissioner Peirce’s safe harbor would go a long way toward addressing that uncertainty.