NEWS ARCHIVE
SEC Staff Statement on Meme Coins
On February 27, 2025, as part of an effort to provide greater clarity on the application of the federal
securities laws to crypto assets, the SEC's Division of Corporation Finance (the Division) provided its
views on "meme coins." They defined a "meme coin" as...
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Consumer Financial Protection Bureau outlines new priorities for 2025
The Consumer Financial Protection Bureau (CFPB) is rescinding its existing enforcement and supervision
priority documents, according to a memo sent to bureau staff by CFPB Chief Legal Officer Mark Paoletta...
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Updated Security Policy Templates Available on The Web
In partnership, the Cybersecurity Risk Foundation (CRF) and SANS have created a library of free cybersecurity
policy templates to help organizations quickly define, document, and deploy...
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Statement on Certain Proof-of-Work Mining Activities
On March 20, 2025, the SEC's Division of Corporation Finance issued its Statement on Certain Proof-of-Work Mining Activities. They did so as part of an effort to provide greater clarity on the application of the federal securities laws to crypto assets...
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Unanimous US Supreme Court adopts higher bar to dismiss ERISA claims
The U.S. Supreme Court on April 17, 2025, revived a class action by 28,000 Cornell University employees accusing the school's retirement plans of paying excessive fees for recordkeeping and other services...
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Regulators Reaffirm Bank Authority to Engage in Cryptocurrency Activities
On March 7, 2025, the Office of the Comptroller of the Currency (OCC) published Interpretive Letter 1183, which is expected to clarify and streamline national banks' ability to engage in cryptocurrency activities...
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Amendments to Regulation S-P Will Likely Require Modifications to Cybersecurity Programs
The SEC adopted amendments to enhance the protection of consumer financial information by broadening the scope of information covered by Regulation S-P's requirements for covered institutions...
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Investment Adviser Compliance with Amended AML Rule is Required by January 1, 2026
An amended Anti-Money Laundering Rule ("AML Rule") will subject many investment advisers ("Covered IAs") to AML requirements,
including the adoption of AML procedures, the filing of Suspicious Activity Reports ("SARs"), and other requirements, including:
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Cyber and Emerging Technologies Unit ("CETU")
On February 20, 2025, the U.S. Securities and Exchange Commission ("SEC") announced the creation of the Cyber and Emerging
Technologies Unit ("CETU") to focus on "combatting cyber-related misconduct and to protect retail investors from bad actors in
the emerging technologies space."
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