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2021 Brought SEC Focus on Crypto Exchanges and Lending Platforms

By Molly M. White & E. Andrew Southerling on January 10, 2022
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This past year, the U.S. Securities and Exchange Commission followed through on its commitment to aggressively enforce securities laws in digital assets markets. As a result, it sharpened its focus on cryptocurrency exchanges and lending products.

Read on for an overview and analysis of SEC activity in cryptocurrency and what to expect in 2022.


About McGuireWoods’ Securities Enforcement and Litigation Team

Our Securities Enforcement and Litigation Team is part of our elite Government Investigations and White Collar Litigation Department includes members of our nationally-recognized Financial Services Litigation Department and former senior SEC and FINRA enforcement attorneys and litigators, as well as high-level federal prosecutors. Our Team also leverages the deep experience of the Firm’s Securities and Capital Markets and Public Finance Departments to counsel clients on the full spectrum of regulatory, compliance, and business issues arising from a government examination, investigation, and litigation. Together, we routinely conduct internal investigations and audits, and advise clients on strengthening corporate compliance and supervisory programs to stay current with the regulators on examination and enforcement priorities and to prevent recurrence of potential securities laws violations. By working collaboratively, we ensure our clients receive well-tailored advice and a comprehensive defense team to handle the many complex issues presented in government inquiries.

Photo of Molly M. White Molly M. White

Molly is a former Securities and Exchange Commission prosecutor, who brings her seasoned trial and trial preparation skills to a range of clients in complex commercial litigation and government, regulatory and criminal investigation matters.

Read more about Molly M. WhiteEmail
Photo of E. Andrew Southerling E. Andrew Southerling

Andrew has more than two decades of experience in securities regulation and enforcement and has successfully represented corporations, financial institutions and individuals in a wide range of high-stakes and novel civil and criminal investigations and enforcement actions. He is a former co-chair of…

Andrew has more than two decades of experience in securities regulation and enforcement and has successfully represented corporations, financial institutions and individuals in a wide range of high-stakes and novel civil and criminal investigations and enforcement actions. He is a former co-chair of the firm’s Securities Enforcement & Regulatory Counseling practice group. Drawing on his experience in government service and private practice, clients look to Andrew for counsel on securities enforcement matters, securities litigation and regulatory compliance counseling. He represents corporate and individual clients in U.S. Securities and Exchange Commission (SEC), U.S. Department of Justice (DOJ), Financial Industry Regulatory Authority (FINRA), state attorneys general, and Congressional investigations and enforcement proceedings. Andrew also conducts internal investigations on behalf of corporate management and boards of directors and advises clients on developing and implementing effective compliance programs. Prior to entering private practice, Andrew served a six-year tenure at the SEC in the Division of Enforcement.

Read more about E. Andrew SoutherlingEmail
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  • Posted in:
    Banking, Finance and Securities
  • Blog:
    Subject to Inquiry
  • Organization:
    McGuireWoods LLP
  • Article: View Original Source

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