On its "Securitization Insight" podcast, Norton Rose Fulbright Senior Counsel, Eamonn K. Moran, analyzed the U.S. Court of Appeals for the Third Circuit ruling on a case involving the CFPB and a group of trusts associated with the National Collegiate Student Loan Trust.
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A DeFi Fund and an apparel company sued the SEC to prevent it from taking any action against the clothing company's recent "airdrop" of tokens. They argued that the SEC "has adopted an aggressive and expansive view of its own authority to regulate virtually all digital assets and transactions involving digital assets."
OFAC sanctioned a number of financial services firms for facilitating transactions or offering other services that helped OFAC-designated entities evade Ukraine war sanctions.
OFAC sanctioned a Chinese company for cyber operations targeting U.S. entities that operate within U.S. critical infrastructure sectors.
The SEC Division of Corporation Finance issued guidance on Division activities in the event of a government shutdown.