Kevin Comeau

Jul 21, 2023 | mondaq.com | David E. Aron |Kevin Comeau |J. McDonald |David Peavler

In Short The Situation: In parallel federal actions, the Department of Justice ("DOJ"), Securities and Exchange Commission ("SEC"), Commodity Futures Trading Commission ("CFTC"), and Federal Trade Commission ("FTC") brought actions against Celsius Network LLC ("Celsius") and one of its founders and former chief executive officer, Alexander Mashinsky ("Mashinsky"), and other persons related to Celsius.

Jul 20, 2023 | lexology.com | Kevin Comeau |J. McDonald |David Peavler |Laura Pruitt |Mark Rasmussen |David E. Aron

In ShortThe Situation: In parallel federal actions, the Department of Justice ("DOJ"), Securities and Exchange Commission ("SEC"), Commodity Futures Trading Commission ("CFTC"), and Federal Trade Commission ("FTC") brought actions against Celsius Network LLC ("Celsius") and one of its founders and former chief executive officer, Alexander Mashinsky ("Mashinsky"), and other persons related to Celsius.

May 4, 2023 | jdsupra.com | James M. Burnham |Kevin Comeau |Abradat Kamalpour

In ShortThe Situation: The U.S. Securities and Exchange Commission ("SEC" or "Commission") has reopened the comment period for its January 2022 proposal to amend Exchange Act Rule 3b-16 to broadly expand the definition of an "exchange," which would require numerous persons and entities to register as exchanges or register as broker-dealers and comply with Regulation ATS.