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...
Davis Polk partner Zach Zweihorn co-authored “What is a broker-dealer?” in the second edition of Broker-Dealer Regulation, along with FINRA’s Robert Colby and retired partner Lanny ...
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 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...
President Trump entered the White House in January 2025 promising to make the United States the “Crypto Capital of the World.” The federal agencies and Congress are responding with un...
The President has signed the bipartisan GENIUS Act – a landmark stablecoin bill – into law. Our client update breaks down the key provisions of the GENIUS Act and includes charts summ...
The Senate just passed the bipartisan GENIUS Act, a landmark stablecoin bill, by a 68-30 vote. Attention now turns to whether and how the House of Representatives will advance its version...
Since 2023, the UK government has been engaging with the cryptoasset industry as part of its efforts to develop a regulatory regime for cryptoasset activities and services. In late April ...
House Republicans have set forth their agenda for the financial regulators. Our deck organizes, by agency, the full list of asks in ten recent letters signed by House Republicans. We ha...