The SEC staff issued a no-action letter on December 11, 2025 to the Depository Trust Company (DTC), a subsidiary of the Depository Trust & Clearing Corporation (DTCC) granting relief under certain provisions of the federal...more
1/12/2026
/ Blockchain ,
Capital Markets ,
Consumer Financial Products ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Financial Services Industry ,
FinTech ,
Market Participants ,
New Guidance ,
No-Action Letters ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Tokenization ,
Uniform Commercial Code (UCC)
In the wake of the Silicon Valley Bank and Signature Bank defaults, it is important for bank customers to understand the common cash management options and accounts available in financial institutions as well as their...more
Consider a lender that extends a term loan in the amount of $1 million to an entity debtor. The loan is guaranteed by the debtor’s owner. If both the debtor and the guarantor become subject to bankruptcy cases, it is settled...more