Reynolds Holding

MAY 18, 2022

I’m honored to appear before you for the second time as Chair of the Securities and Exchange Commission. The Gold Standard of Capital Markets. These statutes created requirements and regulations around disclosure, registration, exchanges, and broker-dealers, and established the SEC to oversee the markets.

Marketability 59

Marketability Finance Corporate Finance Technology 59

Reynolds Holding

NOVEMBER 28, 2022

Treasury, SEC, CFTC, and CFPB appear set on regulating the crypto trading system (traded coins and associated marketplaces, exchanges, brokerages, lending, staking, derivatives, intermediaries, and enablers) as part of the traditional financial services system. So why isn’t the crypto trading market finance?

Finance 145

Finance Banking Marketability Treasury 145

Reynolds Holding

SEPTEMBER 9, 2022

The following year, they passed the Securities Exchange Act of 1934. That statute covered intermediaries, such as the exchanges themselves and the broker-dealers. The core principles from these statutes apply to all corners of the securities markets. That includes securities and intermediaries in the crypto market.

Marketability 49

Marketability Compliance Start-ups Banking 49

Reynolds Holding

NOVEMBER 29, 2022

FTX [1] is a Bahamas-based cryptocurrency exchange founded in 2019 that, at its peak in 2021, had over 1 million users, making it the world’s third largest crypto exchange by volume. Cryptocurrency is neither a currency, nor an object. The Pseudo “Crypto Exchanges”. The Definition Divides Regulators. Key message.

Marketability 137

Marketability Banking Start-ups Finance 137

Reynolds Holding

FEBRUARY 23, 2023

Whether the defendants held positions as executives of public companies, traders at Wall Street banks, founders of cryptocurrency companies, medical professionals, or high-ranking foreign officials, our prosecution teams pursued difficult cases through trial and conviction. In other words, they were manipulated and ripped off.

Compliance 45

Compliance Marketability Start-ups Banking 45

Reynolds Holding

JULY 26, 2022

Securities and Exchange Commission (“SEC” or the “Commission”). Since its founding more than 85 years ago, the SEC has stayed true to its three-part mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.

Compliance 45

Compliance Marketability Technology Banking 45

Reynolds Holding

JUNE 5, 2022

While recent gyrations in cryptoasset markets have focused attention on the future contours of stablecoins, market-making, and impending regulation , another feature of the blockchain landscape is also confronting noteworthy challenges. A final thought is worth underscoring. A final thought is worth underscoring.

Marketability 49

Marketability Technology Banking 49

Reynolds Holding

OCTOBER 5, 2022

Cryptocurrency-related actions are also on pace to increase in 2022, driven in part by the continued increase in actions against crypto exchanges and allegations related to securitization in the first half of the year. On the other hand, cybersecurity filings, along with opioid and cannabis cases, are on pace to decrease significantly.

Start-ups 72

Start-ups Marketability Equity Compliance 72

Reynolds Holding

DECEMBER 5, 2022

Given the challenging economic climate, boards should be mindful of possible risks relating to inflation and rising interest rates, availability and cost of financing, increases in operating costs and fluctuations in exchange rates, as applicable. See our memo, Cybersecurity Oversight and Defense – A Board and Management Imperative.

Technology 66

Technology Banking Compliance Finance 66

Reynolds Holding

JANUARY 10, 2024

Today [January 10], the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares. Beginning under Chair Jay Clayton in 2018 and through March 2023, the Commission disapproved more than 20 exchange rule filings for spot bitcoin ETPs.

Treasury 45

Treasury Finance Marketability Compliance 45

Reynolds Holding

MARCH 31, 2022

On March 9, 2022, President Biden signed an executive order (“the Order”) requiring federal agencies to submit reports on how cryptocurrencies relate to various issues, including money laundering, investor protection, international cooperation, central bank digital currencies (“CBDC”), and systemic risk. MiCA”) targeting exchanges.

Banking 92

Banking Marketability Technology Finance 92

Reynolds Holding

MARCH 27, 2023

Although the market for SPAC IPOs has cooled relative to 2021, litigation arising out of SPAC transactions remains active, and courts have started to rule on motions to dismiss in SPAC-related shareholder lawsuits, with several recent decisions finding plaintiffs’ allegations to be sufficient to move forward. Huddleston , 459 U.S.

Technology 59

Technology Start-ups Compliance Finance 59

Reynolds Holding

MAY 29, 2023

The combination of the collapse of the FTX group, [1] the failure of Terra’s UST stablecoin, [2] 3AC’s bankruptcy, [3] and crypto losing $2 trillion in market value became aptly known as the “Crypto Winter” of 2022-23. [4] Trading platforms governed by a DAO are referred to as decentralized exchanges (“DEX”).

Finance 64

Finance Banking Marketability Technology 64