A Little More Privacy, Please

SEC Requests Comments on Securities Offering Exemptions
Steven Lofchie Commentary by Steven Lofchie
The SEC issued a concept release reviewing the framework for exempt offerings, particularly as to private placements. The agency is requesting public comment on ways to simplify, harmonize and improve that framework.
Facebook Unveils Plans for Blockchain-Based Cryptocurrency "Libra"
Facebook Unveils Plans for Blockchain-Based Cryptocurrency "Libra"
Steven Lofchie Commentary by Steven Lofchie
Facebook unveiled plans for "Libra," a new blockchain, digital currency and smart contract platform intended to reach a global audience.
OFAC Designates Russian Entity for Violating North Korean Sanctions
OFAC designated a Russian entity for helping a North Korean entity gain access to the international financial system.


Cadwalader Analysis

Cardholders Seek to Capital-ize on Madden v. Midland Funding, LLC
Cadwalader lawyers analyzed a recent putative class action, filed by credit cardholders, alleging that the rates of interest paid to a securitization trust unlawfully exceed the threshold in New York's usury statutes.