The SEC has created a five-year program allowing a permissioned blockchain system that uses AMMs to trade tokenized versions of exchange-listed stocks without registering as an exchange. ...
The UK’s long-awaited regulatory regime for cryptoassets comes into force in October 2027. Firms that intend to provide regulated cryptoasset services at the point the new regime goes l...
Reg CA would create tailored offering exemptions and disclosure rules for some primary offerings of crypto assets, but would provide less certainty to intermediaries and secondary markets.
The CFTC’s proposal acknowledges the ways in which novel products may require novel market structures with affiliations between registrants, while establishing minimum standards for mit...
Articles & Books
Thomson Reuters’ Regulation of Swaps and Security-Based Swaps in the United States
Davis Polk partner Gabe Rosenberg and counsel Tyler Senackerib served as co-editors, along with CIBC’s William Meehan, of the 2026 edition of Regulation of Swaps and Security-Based Swap...
The SEC and CFTC have jointly requested public comment as they consider updating classification rules for innovative financial products, including event contracts and perpetual contracts.
The CFTC’s Division of Enforcement announced its new cooperation policy for corporate enforcement matters. The advisory seeks to incentivize companies to voluntarily disclose, cooperate...
The SEC has issued a much-anticipated interpretation regarding when the federal securities laws apply to certain types of crypto assets and transactions. It is an important step forward, ...
Davis Polk partners Gabe Rosenberg and Zach Zweihorn and associate Billy Hicks authored “3 reasons we need digital asset market structure legislation” in Law360. In the article, the a...
