The SEC Division of Investment Management issued a no-action letter providing that it would not recommend enforcement action under the Advisers Act Rule 204(6)-2 (custody rule) or Section 17 of the ICA... Read more »
The Financial Action Task Force (FATF) has published a targeted update on the implementation of its standards on virtual assets (VAs) (also known as cryptoassets) and virtual asset service providers (VASPs) (also... Read more »
Federal legislators announced the release of a discussion draft of a bill, the Digital Asset Market Structure Act, designed to establish a regulatory framework for digital assets in the United States. The... Read more »
The SEC’s Division of Corporation Finance issued a statement providing guidance on the application of disclosure requirements under the Securities Act and the Exchange Act to offerings and registrations of securities in... Read more »
The CFTC has withdrawn two staff advisories on clearing and exchange trading of crypto and digital asset derivatives. Source link Read more »
The White House issued an executive order to establish a national strategic bitcoin reserve and a digital asset stockpile of cryptocurrencies other than bitcoin, both to be administered by the US Treasury... Read more »
The IRS and Treasury Department recently released final regulations addressing requirements for certain operators of decentralized finance trading platforms to report digital asset transactions. Source link Read more »
The CFTC issued an order simultaneously filing and settling charges against Uniswap Labs for violating Section 4(a) of the Commodity Exchange Act (CEA) by offering leveraged or margined retail commodity transactions in... Read more »
![2023 US Asset Management Year in Review [Podcast]](https://www.natlawreview.com/sites/default/files/styles/article_image/public/2024-01/financial%20banking%20investment%20index%20commodity%20stock%20futures%20derivatives%20currency%20underlying%20asset.jpg?h=d6cbea11&itok=WGbF_1eL "2023 US Asset Management Year in Review [Podcast]")
It is a dramatic understatement to describe 2023 as a busy year in the United States for asset management regulation. With 24 rules adopted and 18 new rules or rule amendments proposed,... Read more »