As federal regulators scale back enforcement and staffing, state securities regulators are positioned to fill the gap. In a recent CRC Oyster Consulting webinar, titled “Navigating the Evolution of States Securities Regulations,” Bill Riley, Director at CRC Oyster and former bureau chief at the Florida Division of Securities spoke with Marc Minor, Senior
Authored by: Karim Sabbidine
The Supreme Court’s unanimous decision in Sripetch v. SEC keeps a major SEC enforcement tool intact: the SEC may seek disgorgement of a securities violator’s ill-gotten gains without first proving that investors suffered out-of-pocket financial losses. The ruling matters because it preserves disgorgement as a gain-based remedy—focused on what the wrongdoer
Key Takeaways from Thompson Hines Investment Management Coffee Chat Featuring Nathan Lamb, Brian Lanciault, and Marc Minor.
Digital asset markets are evolving faster than the rules designed to govern them. In our latest Coffee Chat webinar, our team explored the enforcement trends, compliance pitfalls, and operational risks firms need to understand right now.
On May 18, the SEC overturned a seminal settlement policy that has stood for over 50 years: remaining silent in settlement (otherwise known as the “gag rule”).
Previously, Rule 202.5(e) adopted the SEC’s policy that a civil lawsuit or administrative proceeding defendant could not consent to an order settling a matter while also denying the
| Wednesday, April 29 3:30 – 6:00 p.m. PT We are pleased to invite you to the virtual RIA Merger Conference, a program designed specifically for registered investment advisers. This afternoon program offers a unique opportunity to hear from dynamic industry thought leaders while exploring the latest trends and challenges shaping the RIA space. Webinar REGISTER |
Authored by: Jurgita Ashley, Julia Miller and Kellie Tomin
Welcome to the spring edition of Securities Quarterly Update, a publication that provides updates and guidance on securities regulatory and compliance issues. In this edition, we review important disclosure considerations for quarterly reports, annual meeting considerations, the anticipated SEC rulemaking agenda, capital markets and sustainability
The SEC encouraged a discussion of advisers’ proxy arrangements in response to President Trump’s recent proxy voting executive order. In a December 11, 2025, Executive Order, President Trump directed the SEC to consider a number of actions to materially reshape the proxy advisory landscape, including a direction to address the influence that proxy advisors
Earlier this month, FINRA agreed to a Letter of Acceptance, Waiver, and Consent (AWC) imposing a $10 million fine and finding that, from 2018 through at least February 2024, the brokerage firm violated FINRA Rule 2341(l)(5), which generally prohibits broker-dealers from paying or accepting non-cash compensation tied to sales, as well as recordkeeping and supervisory
Authored by: Ernest E. Badway and Polina Pittell (law clerk)
This practice note discusses the regulation of crowdfunding intermediaries. Section 4(a)(6) (15 U.S.C. § 77d) of the Securities Act of 1933, as amended (Securities Act), added by Title III of the JOBS Act (112 P.L. 106, 126 Stat. 306), provides an
Monday, November 10
11:30 a.m. – 3:30 p.m. ET
We are pleased to invite you to the RIA Merger Conference, an exclusive in-person event in New York City (virtual option also available) designed specifically for registered investment advisers. This half-day panel program offers a unique opportunity to engage with peers and industry and thought leaders while exploring