After the SEC failed to remedy the deficiencies in the rule that the court had identified in its recent opinion, the Fifth Circuit vacated the share repurchase rule that the SEC adopted i...
The SEC lost a game point in its case against Ripple Labs when a federal court ruled that several categories of XRP token sales were not securities transactions. If adopted by other court...
Davis Polk partners Dan Gibbons, Joe Hall and Gabe Rosenberg authored “Quest for regulatory clarity over digital assets in the U.S.” in Financier Worldwide. The article discusses the ...
Two bills recently introduced in the Senate with cross-aisle support aim to give the CFTC more regulatory sway over digital assets. But neither would solve the fundamental riddle of wheth...
