Topic
Securities
6,661 published works
The CLS Blue Sky Blog
When Are Insider Purchases Credible Signals of Private Information?
By Renholding
Empirical evidence shows that investors respond to corporate insiders’ open market purchases by increasing the company’s stock price, reflecting that insiders possess private information indicating that the firm is undervalued.…
Overheard on the Block(chain)
SEC Issues ‘Innovation Exemption’ for On-Chain Trading of Tokenized NMS Stocks
By Barbara A. Jones, Erika Cabo, William Mack
The SEC's Innovation Exemption outlines a conditional framework for on-chain trading of tokenized NMS stocks and certain related market activities.
Thompson Coburn LLP
The Changing Landscape of Shareholder Proposals, Part 2: Shareholder Proposals at the State Level
In this two-part series, we explore recent developments in shareholder proposals and the potential future of such proposals. In Part 1, we explored recent developments in the SEC’s approach to…
Global Regulation Tomorrow
Draft Delegated Regulation amending the RTS laid down in Commission Delegated Regulation (EU) 2016/1052 as regards the conditions applicable to buy-back programmes and stabilisation measures
By Simon Lovegrove (UK), Floortje Nagelkerke (NL)
On 21 September 2026, the European Commission (Commission) published for consultation a draft Delegated Regulation amending the regulatory technical standards (RTS) laid down in Commission Delegated Regulation (EU) 2016/1052 as…
The D&O Diary
Crypto Securities Suit Survives Motion to Dismiss
By Sarah Abrams
As crypto-related litigation continues to mature, the focus has shifted beyond the threshold question of whether digital assets constitute securities. Increasingly, private plaintiffs are pursuing claims that resemble traditional securities…
Investigation Counsel
B.C. Securities Commission Identifies 116 Suspected Money Mules Linked to Investment Fraud
The B.C. Securities Commission says it has identified 116 suspected money mules connected to investment fraud investigations as authorities target the local financial networks used to move victims’ money. Since…
Free Writings + Perspectives
Structured ETFs: a regulatory backdrop
By Marla Matusic, Remmelt Reigersman, Brennan W. Young
Masterclass | September 22, 2026Learn more here. Defined outcome products include a range of products designed to provide investors with some level of certainty (a “predictable” outcome if held for the…
Cleary Securities, Disclosure, and Governance Watch
SEC Proposes to Modernize Proxy Solicitation Rules
By Sebastian Alsheimer, Synne D. Chapman, Helena K. Grannis, J.T. Ho, Francesca Odell, Lillian Tsu, Shuangjun Wang, Julie Rong, Bobby Bee
On September 16, 2026, the SEC proposed a package of amendments intended to modernize the federal proxy solicitation rules. The proposal targets several paper-era or otherwise outdated requirements whose original…
The CLS Blue Sky Blog
How to Advise Token Developers in Light of Proposed SEC Regulation Crypto Assets
By Renholding
For a decade, a development team that wanted to distribute tokens in the U.S. or to U.S. persons had two realistic options: attempt an SEC registration that, basically, no one…
Free Writings + Perspectives
SEC Issues “Innovation Exemption” to Facilitate Trading of Tokenized NMS Stock
By Evan Eldridge, Liz Walsh, Jennifer Zepralka
On September 17, 2026, the Securities and Exchange Commission (the "Commission" or the "SEC") issued an exemptive order to be known as the "Innovation Exemption." This Innovation Exemption grants temporary,…