Insights

The SEC recently adopted amendments to disclosure requirements applicable to various registration statements and periodic reports, including minor changes to applicable form cover pages.

On September 11, 2018, the Eastern District of New York issued a new decision in U.S. v. Zaslavskiy, denying a motion to dismiss the government’s criminal indictment on the grounds that the ICOs at issue did not involve the offer or sale of “securities” and thus were beyond the reach of federal securities laws. The ruling, which did not include a final determination that the offerings involved securities, likely will have limited application to the cryptocurrency industry at large.

Shepard Goldfein and Karen Hoffman Lent look at the powers granted to states under federal antitrust statutes and the effort by some state attorneys general to assert more influence in merger enforcement.