-
Apr 29, 2024 | 
klgates.com | Ruth E. Delaney |Robert L. Sichel |Aiden O'Leary
1 ERISA prohibits transactions with “parties in interest” as defined in Section 3(14) of ERISA. The Code includes parallel prohibited transaction rules applicable to “disqualified persons” as defined in Section 4975(e)(2) of the Code.
-
Feb 26, 2024 | 
mondaq.com | Grant Butler |Robert Tammero |Yuki Sako |Aiden O'Leary
On 29 January 2024, the Office of the Comptroller of the
Currency (OCC) issued a notice of proposed rulemaking (NPR)
regarding its review of Bank Merger Act (BMA) applications. The NPR
was released immediately following a speech by Acting Comptroller
of the Currency Michael Hsu in which he commented on the US banking
system, including actions the OCC is taking to improve transparency
in the OCC's review and approval process for proposed bank
mergers.
-
Feb 19, 2024 | 
jdsupra.com | Grant Butler |Aiden O'Leary |Yuki Sako
February 19, 2024
Grant Butler, Aiden O'Leary, Yuki Sako, Robert Tammero, Jr
K&L Gates LLP
+ Follow
x Following
x Following
- Unfollow
Contact
To embed, copy and paste the code into your website or blog:
IntroductionOn 29 January 2024, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) regarding its review of Bank Merger Act (BMA) applications.
-
Feb 16, 2024 | 
klgates.com | Grant Butler |Robert Tammero |Yuki Sako |Aiden O'Leary
16 February 2024US Asset Management and Investment Funds Alert
Introduction
On 29 January 2024, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) regarding its review of Bank Merger Act (BMA) applications.
-
Feb 8, 2024 | 
mondaq.com | Grant Butler |Robert Tammero |Yuki Sako |Aiden O'Leary
On 29 January 2024, Acting Comptroller Hsu gave a speech
articulating his vision that the US banking system should support
the diversity, dynamism and the size of the US economy, and
unveiling proposed updates to the OCC merger application review
processes.
-
Feb 2, 2024 | 
mondaq.com | Richard Kerr |Eden L. Rohrer |Aiden O'Leary
On 23 January 2024, the Financial Industry Regulatory Authority
(FINRA) published its findings from a 2022 targeted
exam sweep, which may serve as a warning to broker-dealers offering
crypto asset products. FINRA conducted a sweep reviewing
communications made between 1 July 2022 and 30 September 2022 by
member firms in connection with crypto assets and crypto-related
products and services, focusing on compliance with FINRA Rule 2210
(Communications with the Public).
-
Oct 23, 2023 | 
mondaq.com | Eden L. Rohrer |Aiden O'Leary |Joshua Durham
On 19 October 2023, New York Attorney General Letitia James
filed a lawsuit against cryptocurrency companies
Gemini Trust Company, LLC (Gemini), Genesis Global Capital, LLC
(Genesis), Digital Currency Group, Inc. (DCG), and several of their
affiliates and controlling persons, in relation to Gemini's
digital asset investment program called Gemini Earn (Earn).
-
Jul 27, 2023 | 
blockchain.bakermckenzie.com | Jennifer L. Klass |Amy Greer |Gavin Meyers |Aiden O'Leary
On July 13, 2023, Judge Analisa Torres of the United States District Court or the Southern District of New York issued an Order on competing motions for summary judgment in the closely followed litigation. As the first court decision to broadly address the question of whether a cryptocurrency itself is a security, as the SEC has maintained it is in most circumstances, the Order may have broad implications to the state of crypto industry regulation in the US.
-
Feb 7, 2023 | 
lexology.com | Jennifer L. Klass |Gavin Meyers |Aiden O'Leary
Following a host of notable bankruptcy filings in the digital asset industry, the New York State Department of Financial Services (DFS) recently issued guidance (the DFS Guidance) to emphasize sound custody and disclosure practices for firms providing digital asset custody services to better protect customers in the event of an insolvency or similar proceeding.
