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SEC Reinstates Simultaneous Review of Settlements and Waivers

Last week, the U.S. Securities and Exchange Commission (SEC) made a significant procedural shift: companies under investigation can now present settlement offers and waiver requests together for simultaneous consideration....more

SEC Green Lights Mandatory Arbitration Provisions in IPOs

The SEC has cleared the path for mandatory arbitration provisions in public company governance documents, ending decades of regulatory uncertainty that had deterred companies from including such clauses in their IPO filings....more

SEC Gets Serious About Cross-Border Fraud: New Task Force Targets Foreign Companies and Gatekeepers

The SEC just fired a warning shot across international waters. On September 5th, the agency announced the launch of a new Cross-Border Task Force aimed squarely at rooting out fraud by foreign companies—and the professionals...more

SEC Division of Examinations’ 2023 Priorities

The SEC’s Division of Examinations (the “Division” or “EXAMS”) recently published its annual examination priorities for 2023. The Examination Priorities memorandum sets out key areas the staff will focus on during its...more

DOJ Charges Former NFT Marketplace Employee with Insider Trading

On June 1, 2022, the United States Attorney for the Southern District of New York unsealed a two-count indictment of Nathaniel Chastain, charging him with wire fraud and money laundering, and accusing him of “insider trading...more

What to Expect from SEC Enforcement: Regulation Best Interest

The Securities and Exchange Commission (“SEC”)’s Regulation Best Interest (“Reg BI”) imposes a heightened best interest standard on broker-dealers when recommending securities transactions or investment strategies. ...more

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