Dan Novak

2 weeks ago | law.com | Dan Novak

U.S. Securities and Exchange Commission Chair Paul Atkins said Monday that he has directed SEC staff to give regulatory relief to decentralized finance platforms as the agency works to draft a comprehensive regulatory framework for digital assets.

3 weeks ago | law.com | Dan Novak

The U.S. Securities and Exchange Commission, in soliciting public comment Wednesday on its definition of a foreign private issuer, singled out Chinese companies incorporated in the Cayman Islands as benefiting from reporting exemptions despite being traded solely in American markets.

3 weeks ago | law.com | Dan Novak

Two Federal Communications Commission commissioners are resigning Friday, leaving the FCC with one commissioner short of a quorum to take action. The departure of Republican Nathan Simington and Democrat Geoffrey Starks will leave the FCC with just two commissioners, GOP Chair Brendan Carr and Democrat Anna Gomez. Without a quorum, any commission-level actions such as new rulemaking or waiver requests will be put on hold until the FCC has three members.

3 weeks ago | law.com | Dan Novak

The U.S. Securities and Exchange Commission appears poised to draft new disclosure rules for foreign companies after voting Wednesday to gather public input on changing the definition of a foreign private issuer. “It has been several decades since the commission last examined the characteristics of the foreign private issuer community,” SEC Chair Paul Atkins said during a public meeting at commission headquarters. “The global markets have changed significantly in those decades.

3 weeks ago | law.com | Dan Novak

While U.S. Transportation Secretary Sean Duffy has promised broad deregulation across the department, the Trump administration is poised to increase enforcement of English language requirements for truck drivers and encourage traffic enforcement on state highways, regulator attorneys said this week.