Mark D. Perlow

2 months ago | jdsupra.com | Brenden Carroll |Neel Maitra |Mark D. Perlow

The first week of the Trump administration saw notable developments in U.S. crypto regulation. The U.S. Securities and Exchange Commission created a new “Crypto Task Force,” rescinded controversial staff accounting guidance around crypto custody and issued new guidance on the same topic. Meanwhile, President Trump issued an executive order that promises a comprehensive re-examination of U.S. crypto regulation.

May 28, 2024 | jdsupra.com | Linda Ann Bartosch |Neel Maitra |Mark D. Perlow

The United States House of Representatives voted 279-136 to pass the Financial Innovation and Technology for the 21st Century Act (“FIT21”), on Wednesday, May 22, 2024. FIT21 is the first crypto-related legislation to clear one of the chambers of Congress, and the bipartisan support the bill has attracted in the House has led to favorable comment on its chances of passage in the Senate. FIT21 would make sweeping changes to the regulation of crypto assets, markets, and market participants.

May 24, 2024 | lexology.com | Linda Ann Bartosch |Mark D. Perlow |Neel Maitra

The United States House of Representatives voted 279-136 to pass the Financial Innovation and Technology for the 21st Century Act (“FIT21”), on Wednesday, May 22, 2024. FIT21 is the first crypto-related legislation to clear one of the chambers of Congress, and the bipartisan support the bill has attracted in the House has led to favorable comment on its chances of passage in the Senate. FIT21 would make sweeping changes to the regulation of crypto assets, markets, and market participants.

May 1, 2024 | mondaq.com | Mark D. Perlow |Samuel Scarritt-Selman

The court vacated the last of the three conditions that were applied to proxy advisory firms as a result of the SEC's 2020 regulation of Proxy Advisory Firms. As a result of this ruling, Proxy Advisory Firms are no longer required to disclose certain conflicts of interest. If the ruling stands, the SEC will not be able regulate the Proxy Advisory Firms through similar mechanisms in the future.

Apr 5, 2024 | jdsupra.com | Mark D. Perlow |Samuel Scarritt-Selman

Key Takeaways The court vacated the last of the three conditions that were applied to proxy advisory firms as a result of the SEC’s 2020 regulation of Proxy Advisory Firms. As a result of this ruling, Proxy Advisory Firms are no longer required to disclose certain conflicts of interest. If the ruling stands, the SEC will not be able regulate the Proxy Advisory Firms through similar mechanisms in the future.