The Securities and Exchange Commission has opened a new front in its campaign against crypto. In its latest gambit, the agency is targeting the entire domestic decentralized finance industry by ...

The amended definition could provide a new means for the SEC to regulate crypto platforms. We previously published a blog post on the set of proposed amendments (Proposal) issued on January 26, 2022, ...

FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company. What is an exchange?

Uyeda on Monday criticized a proposal to include 'communications protocols' when defining 'exchange' He said it was a 'mistake' to link Treasury markets regulation and regulating the crypto sector The ...

The Situation: The U.S. Securities and Exchange Commission ("SEC" or "Commission") has proposed amendments to Rule 3b-16 under the Exchange Act that would dramatically expand the definition of an ...