Lilya Tessler

Feb 27, 2024 | lexology.com | Lilya Tessler |David E Teitelbaum |Joseph Paral

1. SEC Discusses Application of New “Dealer” Rules to Crypto Asset Markets2. FINRA Presents Initial Findings on Crypto Asset Communications, After Highlighting Crypto Assets in Annual Regulatory Oversight Report 3. The SEC Approves the Listing and Trading of “Spot” Bitcoin Exchange-Traded Products4. SEC Continues Active Enforcement Against Blockchain Products5. IRS Announces Businesses Do Not Need to Report Certain Digital Asset Transactions (Yet) 6.

Jul 26, 2023 | datamatters.sidley.com | Michael E. Borden |Lilya Tessler |David E Teitelbaum |Kate L. Lashley

This week, two committees in the House of Representatives will mark up legislation intended to clarify the regulatory framework applicable to digital assets in the United States.

Apr 26, 2023 | lexology.com | Andrew Blake |Charles Sommers |Lilya Tessler |Conner Brown |Michael J. Ogershok |Andrew J. Sioson

On April 14, 2023, the U.S. Securities and Exchange Commission (SEC) reopened the comment period — for the second time — for proposed amendments to Rule 3b-16 (the Proposal) under the Securities Exchange Act of 1934 (Exchange Act), which defines certain terms used in the statutory definition of “exchange,” excludes certain systems from the definition of exchange, and provides a functional test to assess whether a trading platform meets the definition of exchange.