Matthew F. Kluchenek

Oct 14, 2024 | jdsupra.com | Daniel Davis |Alexander Kim |Matthew F. Kluchenek

Bitnomial Exchange, LLC (Bitnomial), a designated contract market (DCM) registered with the Commodity Futures Trading Commission (CFTC), has launched a legal offensive against the US Securities and Exchange Commission (SEC), challenging the agency's attempt to exert authority over the futures exchange's self-certified XRP futures contracts.1 The lawsuit, filed by Katten on behalf of Bitnomial in the US District Court for the Northern District of Illinois, seeks declaratory and injunctive...

Jun 5, 2024 | mondaq.com | Joseph A. Castelluccio |Matthew F. Kluchenek |Andrew Olmem |Anna Pinedo

MB Mayer Brown More Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.

Jun 4, 2024 | jdsupra.com | Joseph A. Castelluccio |Don Irwin |Matthew F. Kluchenek

[co-author: Katie Chaffer]On May 22, 2024, the US House of Representatives passed H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21), which would amend existing securities and commodity regulatory statutes to facilitate the use of digital assets, by a vote of 279 – 136.