-
1 month ago | 
mondaq.com | Tiffany Smith |Andrew Davies |Evan J. Goldsholle
On February 27, the staff of the Division of Corporation Finance (the "Staff") of the Securities and Exchange Commission ("SEC" or "Commission") released a statement concerning meme coins ("Statement") with the stated purpose of providing "greater clarity" to market participants.1 The Statement contains a description of meme coins, and the Staff ultimately concludes that transactions in "the types of meme coins described in this statement" do not involve the offer and sale of securities.2 As...
-
Dec 5, 2024 | 
jdsupra.com | Joshua Nathanson |Tiffany Smith |Kyle P. Swan
The election of Donald Trump as president could have a significant impact on the crypto industry given his campaign promise of a procrypto administration. Trump will be able to appoint a new chair of the U.S. Securities and Exchange Commission who could decide to take a different approach to crypto than has been taken under the leadership of the current chair, Gary Gensler.
Originally published in Law360 - November 27, 2024.
-
Dec 4, 2024 | 
wilmerhale.com | Tiffany Smith |Kyle P. Swan |Joshua Nathanson
In a Law360 expert analysis, Partner Tiffany Smith, Senior Associate Kyle Swan and Associate Joshua Nathanson discuss the potential impact the election of Donald Trump as president could have on the crypto industry. Excerpt: “Crypto industry members have disagreed and reported that their attempts to engage with the SEC on crypto-related issues have been unsuccessful.
-
Jul 15, 2024 | 
mondaq.com | Franca Harris Gutierrez |Robert M. Finkel |Zachary K. Goldman |Tiffany Smith
1.1 Please describe the types of fintech businesses that
are active in your jurisdiction and the state of the development of
the market, including in response to the COVID-19 pandemic and ESG
(Environmental, Social and Governance) objectives. Are there any
notable fintech innovation trends of the past year within
particular sub-sectors (e.g. payments, asset management,
peer-to-peer lending or investment, insurance and blockchain
applications)?
-
Jul 11, 2024 | 
wilmerhale.com | Franca Harris Gutierrez |Robert M. Finkel |Zachary K. Goldman |Tiffany Smith |Heather Petruzzi |Ariella Feingold | +3 more
Partners Franca Harris Gutierrez, Robert Finkel, Zachary Goldman, Tiffany J. Smith, Heather Petruzzi, Ariella Feingold and Alan Wilson and Associates Monika Weisman and Reshma Lutfeali penned chapter 44 in International Comparative Legal Guide - Fintech 2024. The chapter provides a broad overview of common issues in fintech laws and regulations in the US.
-
Jun 18, 2024 | 
mondaq.com | Franca Harris Gutierrez |Tiffany Smith |Zachary K. Goldman |Benjamin Lobley
On June 6, 2024, the US Department of the Treasury (Treasury) issued a request for information (RFI) on the "uses, opportunities and risks of artificial intelligence (AI) in the financial services sector."1 The RFI seeks information from a broad range of stakeholders to increase Treasury's understanding of AI as it explores "enhancements to legislative, regulatory, and supervisory frameworks" that may be necessary to govern the use of AI in the financial services sector.2 Given recent...
-
Jun 14, 2024 | 
wilmerhale.com | Franca Harris Gutierrez |Tiffany Smith |Zachary K. Goldman |Benjamin Lobley |Andrew Lindsay
On June 6, 2024, the U.S. Department of the Treasury issued a Request for Information (RFI) on the uses, opportunities, and risks of artificial intelligence (AI) in the financial services sector. The RFI seeks input from various stakeholders to improve the Treasury's understanding of AI and consider potential legislative and regulatory enhancements. The gathered information will inform future AI-related initiatives and support formal supervisory processes and enforcement actions.
-
Mar 25, 2024 | 
mondaq.com | Tiffany Smith |Kyle P. Swan
The current SEC administration has expressed the view that
most crypto assets are offered and sold as securities and has
proposed several rules that address "digital asset
securities" or "crypto asset securities." In this
article, the authors address how certain SEC rule proposals could
impact existing crypto market participants if the rules are adopted
as proposed and the SEC's view that most crypto assets are
offered and sold as securities prevails.
-
Mar 18, 2024 | 
jdsupra.com | Tiffany Smith |Kyle P. Swan
The current SEC administration has expressed the view that most crypto assets are offered and sold as securities and has proposed several rules that address “digital asset securities” or “crypto asset securities.” In this article, the authors address how certain SEC rule proposals could impact existing crypto market participants if the rules are adopted as proposed and the SEC’s view that most crypto assets are offered and sold as securities prevails.
-
Mar 15, 2024 | 
wilmerhale.com | Tiffany Smith |Kyle P. Swan
Publication
Partner Tiffany J. Smith and Senior Associate Kyle P. Swan penned the article, “Potential Impact of the SEC’s Rulemaking Agenda on Crypto” in Vol. 57, No. 5 of The Review of Securities & Commodities Regulation. In this publication, they discuss how certain SEC rule proposals could impact existing crypto market participants if the rules are adopted as proposed, and the SEC’s view that most crypto assets are offered and sold as securities prevails. Read the full article.
