Topic
Securities
6,683 published works
Crypto Digest
NFTs as Securities?
By William J. Bruno, Justin Porter
Many of those active in the non-fungible token (NFT) market have been nervously anticipating action from the U.S. Securities and Exchange Commission (SEC) regarding whether or not they will categorize NFTs…
Securities Law Prof Blog
New Securities Law Articles in Print
The following law review articles relating to securities regulation are now available in paper format:Peter Giovine, Note, Arbitration and FINRA's Customer Code: A Tailored Approach to When a Forum Selection…
Global Regulation Tomorrow
AFM applies ESMA opinion the trading venue perimeter
By Floortje Nagelkerke (NL), Julia van der Grint
On 7 March 2023, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten) published a news item on the concept of multilateral systems. Recently, the European Securities and Markets…
SEC Actions
This Week In Securities Litigation (Week of March 13, 2023)
Some things just don’t seem to end. If you thought the challenges to the SEC’s administrative hearing process were over, think again. Last week the Commission requested that the Supreme…
China Law Insight
境外上市保密和档案管理新规解读——事以密成
By King & Wood
作者：姜志会 虞磊珉 李向瑜 葛悦 2023年2月25日，中国证监会联合财政部、国家保密局、国家档案局对《关于加强在境外发行证券与上市相关保密和档案管理工作的规定》（证监会公告〔2009〕29号）进行了修订，形成了《关于加强境内企业境外发行证券和上市相关保密和档案管理工作的规定》（简称“保密新规”）。 保密新规作为《境内企业境外发行证券和上市管理试行办法》（简称“境外上市新规”）的配套文件之一，亦将于2023年3月31日生效。与征求意见稿相比，保密新规针对境外上市新规以及中美审计监管合作达成的协议，对部分条款做出了相应的更新，进一步提高了针对性与可操作性。 与其他境内商业行为相比，境内企业境外发行证券和上市具有一定的特殊性。鉴于其参与主体、监管主体、交易地点等均涉及诸多境外要素，因此在信息保密、数据跨境传输等方面，理应适用更为严格的保密与档案管理要求。 本文结合境外上市新规以及其他有关法律法规，对保密新规的修订背景、具体监管框架、监管程序等进行分析和总结。 阅读更多
The Blockchain Monitor
U.S. District Court Signals That In Certain Cases, NFTs May Qualify as Securities
By Teresa Goody Guillén, Christopher Lamb, Robert A. Musiala, Veronica Reynolds, Michelle Tanney, Joanna F. Wasick, Scott Danielson
Dapper Labs was founded in 2018 shortly after the debut of its first NFT collection, “CryptoKitties,” which was so successful it created a bottleneck of transactions on the decentralized Ethereum…
The D&O Diary
Cornerstone Research: Securities Suit Settlements at High Levels in 2022
The total number of securities class action lawsuit settlements reached the highest level in 15 years in 2022, and median, average, and aggregate settlement amounts also rose significantly in 2022…
Securities Law Prof Blog
New Securities Law Articles in Print
The following law review articles relating to securities regulation are now available in paper format:Meiring de Villiers, Rule 10b-5 Meets Wagon Mound: A New Perspective on Loss Causation, 23 Minn. J.L.…
The CLS Blue Sky Blog
How Litigation Risk Affects Companies’ Liquidity
By Tommaso Oliviero, Min Park, Hong Zou
Securities litigation has become a major source of risk to businesses. From 2007 to 2016 the number of securities class actions (SCAs) filed each year increased by roughly 70 percent…
China Justice Observer
China to Introduce Registration-Based IPO System in Securities Market
By Publisher
China has long adopted the approval-based initial public offering (IPO) system. The upcoming new policy will change the regulatory model of China’s securities market to a large extent. In February…