The Congressional Research Service reviewed the lifecycle of the meme stock Meta Materials to give policymakers context for a trading halt placed by FINRA on December 9, 2022.
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The Congressional Research Service reviewed the proposed "Financial Innovation and Technology for the 21st Century Act," a bill that would create significant changes to the way digital assets are regulated.
In an amicus brief filed in SEC v. Coinbase, Inc., legal scholars argued that the sale of digital assets would generally not be considered an "investment contract" as that term was understood by the drafters of the Securities Act and Securities Exchange Act, and should not be considered an investment contract under the "Howey" opinion.
GAO urged the FDIC, the OCC and the SEC to implement fully previous recommendations on blockchain technology-related risks and take joint action to coordinate related information and processes.
The Financial Stability Oversight Council and the Financial Stability Board considered the "post-LIBOR transition landscape" and steps forward to ensure market resilience.