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SEC Division of Corporation Finance Staff Issues Guidance on Crypto Assets

As previously summarized here, since SEC Commissioner Mark T. Uyeda was named Acting Chairman on January 21, 2025, the SEC has significantly shifted its approach to cryptocurrency regulation and enforcement actions, including...more

Paul S. Atkins Sworn in as SEC Chairman

On April 21, 2025, Paul S. Atkins was sworn in as the new Chairman of the SEC. Mr. Atkins was nominated by President Trump on January 20, 2025, and confirmed by the U.S. Senate on April 9, 2025 in a 52 to 44 vote. He replaces...more

SEC Revokes Enforcement Division's Formal Investigation Authority

On March 10, 2025, the SEC voted along party lines to amend SEC regulations in order to rescind the SEC’s delegation of authority to the Director of the Division of Enforcement to issue formal orders of investigation. The SEC...more

SEC Grants One-Year Exemption from New Short Sale Reporting Requirements

On February 7, 2025, the SEC issued a one-year exemption from compliance with new Rule 13f‑2 under the Securities Exchange Act of 1934 and related reporting on new Form SHO. The SEC adopted Rule 13f-2 and the Form SHO...more

SEC Forms Cryptocurrency Task Force and Cyber and Emerging Technologies Unit

Since SEC Commissioner Mark T. Uyeda was named Acting Chairman on January 21, 2025, the SEC has significantly shifted its approach to cryptocurrency regulation and enforcement actions, including through the formation of a...more

SEC Staff Provides Guidance on Issues Related to Website Posting Requirements

On January 16, 2025, the staff of the Disclosure Review and Accounting Office of the SEC’s Division of Investment Management issued an Accounting and Disclosure Information (ADI) publication to highlight issues the SEC staff...more

SEC Settles Enforcement Proceedings Against Quantitative Hedge Fund Manager for Alleged Algorithmic Model Vulnerabilities

On January 16, 2025, the SEC announced the settlement of administrative proceedings brought against a hedge fund manager that used algorithmic investment models to provide investment advice to its private fund and separately...more

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