The US Court of Appeals for the Second Circuit vacated a conviction for wire fraud and money laundering involving the use of confidential information to trade non-fungible tokens.
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A federal court extended a stay in the proceedings of a lawsuit brought by several banking industry groups challenging the Federal Reserve's ("FRB") "lack of transparency" in the stress testing process.
The Texas State Securities Board ("TSB") set aside an Emergency Cease and Desist Order issued by the Texas State Securities Commissioner over the sale of a digital asset.
The SEC’s Chief AI Officer, Valerie Szczepanik, will lead a new task force focused on advancing the agency’s use of AI.
SEC Commissioner Hester Peirce dissented from the agency’s decision to approve a "Fair Fund distribution plan" that includes compensation to investors who traded on foreign exchanges.