Matthew H. Kita

Photo of Matthew H. Kita
Firm/Organization: Reed Smith LLP
Blogs: Financial Regulatory Report, FinTech Update, Technology Law Dispatch

Latest Articles

Digital assets, popularly referred to as “cryptocurrencies”, “coins”, and “tokens”, continue to provoke regulatory attention and create discord amongst regulators. Recent actions by the U.S. Commodity Futures Trading Commission (“CFTC”) and the U.S. Securities and Exchange Commission (“SEC”) demonstrate that activities by the issuers of tokens may draw scrutiny from either or both agencies. As new token issuance schemes hit the market every day, cryptocurrency market participants must be cautious because multiple regulatory enforcement arms…
At the end of September, the Securities Exchange Commission (“SEC”) announced two new initiatives to address cyber-based threats and protect retail investors. In the press release, the SEC outlined the creation of the Cyber Unit (“Unit”) and the Retail Strategy Task Force (“RSTF”).  The Unit will focus on targeting cyber-related misconduct.  The RSTF was established to deal with misconduct impacting retail investors. To learn more about these two new initiatives, click here.…
September 28, 2017 Two months after its Investor Bulletin stating that U.S. securities laws may apply to digital token sales, the Securities Exchange Commission (“SEC”) announced Monday two new initiatives to address cyber-based threats and protect retail investors.  The SEC’s press release outlined the creation of the Cyber Unit (“Unit”) and the Retail Strategy Task Force (“RSTF”). Read the full report on our sister site, the FinTech Update.…
September 28, 2017 Two months after its Investor Bulletin stating that U.S. securities laws may apply to digital token sales, the Securities Exchange Commission (“SEC”) announced Monday two new initiatives to address cyber-based threats and protect retail investors.  The SEC’s press release outlined the creation of the Cyber Unit (“Unit”) and the Retail Strategy Task Force (“RSTF”). According to the press release, the Unit has been in the planning stages for months, and will focus…
HR 2536, The Emergency Nursing Supply Relief Act, See http://www.govtrack.us/congress/billtext.xpd?bill=h111-2536 has been introduced in the House by Congressman Robert Wexler.  Although there is a long process ahead this first step provides hope for much needed relief for the U.S. nursing shortage as it will make immigrant visas specifically available for nurses.  These visas are currently unavailable and have been backlogged for the past three years.  Foreign nurses are required to meet extensive credentialing requirements to work in the U.S.  See…