Stradley Ronon’s Post

In this Public Chatter blog post, partner Allison Handy describes the U.S. Securities and Exchange Commission's latest whistleblower action. https://bit.ly/3LKdfSC #Whistleblowers #SecuritiesLaw #PublicCompanies #PublicChatterBlog

Learn about a recent lawsuit filed by the SEC focusing on alleged insider trading and the importance of maintaining ethical standards, brought to you by 3iCO.

A recent lawsuit filed by the SEC focuses on alleged insider trading by a former senior employee of a regional Federal Reserve bank. The SEC claims that the individual used nonpublic, sensitive information obtained through their position to engage in illegal stock trading for personal profit. This case raises critical questions about the potential for conflicts of interest and the importance of maintaining ethical standards within financial oversight institutions. Read the full client alert: https://bit.ly/3B1czGM #insidertrading #conflictofinterest #ethicalstandards

Helpful insights provided below regarding how to cooperate during SEC Investigations/Examinations. #SECExams

While the U.S. Securities and Exchange Commission (SEC) pursues an aggressive enforcement agenda, the agency has suffered some notable defeats in the courts, and the upcoming change in administration may result in a shift in enforcement focus. Join Gibson Dunn partners Mark Schonfeld (New York) and David Woodcock (Dallas and Washington, D.C.), Co-Chairs of our Securities Enforcement Practice Group, and New York partner Tina Samanta as they address the implications of recent court decisions and the latest trends in SEC enforcement, discuss strategies for mitigating the risk of investigations and enforcement actions, and look ahead to 2025 and beyond. https://lnkd.in/gAGSRa3x

Recently, the SEC Director, Division of Enforcement, Gurbir Grewal, spoke at the Securities Enforcement Forum West about the importance of cooperation with the SEC during examinations. SEC officials have spoken previously about the effects of self-reporting and cooperation on penalties levied, and this talk provides actionable content as to what is considered proper cooperation. In this release, we covered the following areas below from his speech. ❓ Why Cooperate? 📝 The Principles of Cooperation 💡 Our Conclusion on the Statements made To learn more about the information we covered above, click the link here: https://lnkd.in/ezsYxjSZ #HowToCooperateDuringSECInvestigations #SECReleases

In a rebuke to the U.S. Securities and Exchange Commission (SEC), on 5 June 2024, the U.S. Court of Appeals for the Fifth Circuit vacated in full the set of new SEC rules for private funds, which were adopted last August by the SEC. The vacated rules represented the most significant regulatory development for private fund advisors since the adoption of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. In this article, we explore this important ruling and its impacts. Click here to read the full article: https://lnkd.in/eJq7xTJV #SEC #Funds #Regulation

Big Changes Ahead for SEC Enforcement? With President-Elect Trump’s team coming together, the SEC’s enforcement priorities could be in for a shake-up. A Republican-led SEC might hit the brakes on some of the aggressive tactics we’ve seen recently and stick to more traditional securities enforcement. Here’s what might be on the horizon: 💰 Crypto & Digital Assets: Fewer lawsuits, new regulations in the works, and potential fallout from Supreme Court rulings. ♻️ ESG: Likely a focus on cases involving actual fraud or harm, leaving less room for non-fraud enforcement. 🔏 Cybersecurity: Expect a more cautious approach, sticking to existing rules after some recent missteps (SolarWinds, anyone?). 🤖 AI: Still keeping an eye on disclosure violations, especially where retail investors could get hurt. 🛂 Controls Violations: A likely end to broad enforcement actions around insider trading and cyber controls. Curious how these shifts might play out? Check out the full article. #SEC #Crypto #ESG #AI #Regulation #Cybersecurity

With the new administration, securities professionals are eyeing potential shifts in the regulatory landscape. SEC Chairman Gary Gensler's upcoming departure and a new leader for the SEC Division of Enforcement signal possible changes. Under President-Elect Trump, a more business-friendly SEC, especially for digital assets, is anticipated. Recent rulings, like the vacating of the "Dealer Rule," suggest more regulations may be reconsidered. While it's early to predict the new administration's priorities, there's hope for a reduction in high financial penalties and regulation-by-enforcement. For more - https://bit.ly/496Ly1w #SEC #TrumpAdministration #RegulatoryChanges #BusinessFriendly