Tagged: mayer brown

FTC Reports More than $1 Billion Lost to Crypto Fraud Since 2021

The US Federal Trade Commission (FTC) says that more than $1 billion has been lost to crypto scams since the beginning of 2021 impacting over 46,000 individuals. According to the FTC, the median individual reported loss stood at $2,600. The top cryptos involved in the… Read More

Binance Not Capable of Being Supervised by the UK FCA: Two Attorneys Comment

Earlier today, the UK Financial Conduct Authority posted the “First Supervisory Notice” related to a statement by the FCA in June that Binance Markets Limited is not permitted to undertake any regulated activity in the UK. Binance Markets is part of the Binance Group. Binance… Read More

Barclays Blocks UK Customers From Transferring Funds to Binance

At the end of last month, the UK Financial Conduct Authority (FCA) announced that Binance Markets Limited was no longer permitted to undertake any regulated activity in the UK. Binance Markets is part of the broader Binance Group – a company that powers the largest… Read More

Anna Pinedo, Partner at Mayer Brown, Comments on Possible Update to Regulation S-K

Tomorrow, the Securities and Exchange Commission (SEC) will reveal any changes to Regulation S-K. A proposal by the Commission was introduced in 2019. According to the meeting notice, the Commission will consider: “whether to adopt amendments to modernize the description of business, legal proceedings, and… Read More

SEC Relaxes Certain Reg CF Rules to Aid Smaller Firms in Need of Funding

The Securities and Exchange Commission (SEC) has announced that temporary rule changes regarding Reg CF (Regulation Crowdfunding) in light of the COVID-19 pandemic. According to a release, the SEC is following suggestions made by members of the SEC’s Small Business Capital Formation Advisory Committee. The… Read More

SEC Alters Definition of Smaller Reporting Company

The Securities and Exchange Commission (SEC) has voted to adopt amendments to the “smaller reporting company” (SRC) definition. This change is designed to expand the number of companies that qualify for certain scaled disclosure accommodations thus making it easier (and perhaps less expensive) to comply… Read More

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