The Federal Reserve is placing high hurdles for banks seeking to engage in most cryptoasset-related activities, and the Biden Administration is also signaling an increased resistance towa...
Our Winter Forecast looks at the landscape for financial regulatory reform across a number of regulatory topics and across agencies. We expect 2023 will be an active year and hope you fi...
The SEC has proposed a package of reforms to equity market structure rules that would make significant changes, including to how stock orders are priced, executed and reported.
The New York Department of Financial Services (DFS) has released guidance that expands the scope of virtual currency activity for which New York banking organizations need prior approval.
Today the Federal Reserve Board (the Board) adopted its final rule implementing the LIBOR Act. The final rule establishes SOFR-based Board selected benchmark replacements for so called ?...
While some critics question the value of the metaverse and digital assets, including non-fungible tokens, or NFTs, the recent rise of consumer and market interest in these asset classes h...
Davis Polk partners Dan Gibbons, Joe Hall and Gabe Rosenberg authored “Quest for regulatory clarity over digital assets in the U.S.” in Financier Worldwide. The article discusses the ...
