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15 Dec 2022, 4:00 am by CFM Admin
December 2022 Clients, Friends, Associates: As we near the end of 2022, we have highlighted some recent industry updates that we believe may impact our clients. [read post]
3 Oct 2022, 7:52 am by Silver Law Group
Senator Lummis also co-sponsored the Responsible Financial Innovation Act with Senator Kirsten Gillibrand (D-NY), allowing even more comprehensive digital asset regulation. [read post]
6 Sep 2022, 12:21 pm by Race to the Bottom
Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) introduced legislation on June 7, 2022 that would implement and divide oversight of the cryptocurrency market between the Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”). [read post]
26 Aug 2022, 10:56 am by Klein Moynihan Turco
The Responsible Financial Innovation Act, offered in June by Senators Cynthia Lummis (Republican from Wyoming) and Kirsten Gillibrand (Democrat from New York), would, in Lummis’ words, classify a “majority” of cryptocurrencies as securities subject to regulation by the Securities and Exchange Commission (SEC). [read post]
In June, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) unveiled the Lummis-Gillibrand Responsible Financial Innovation Act, and in August, Senators Debbie Stabenow (D-MI) and John Boozman (R-AR) announced they would introduce the Digital Commodities Consumer Protection Act of 2022, with support from Senators John Thune (R-SD) and Cory Booker (D-NJ). [read post]
9 Aug 2022, 9:19 am by David Kopel
In the merits briefing, five Democratic U.S. senators—Sheldon Whitehouse (R.I.), Mazie Hirono (Haw.), Richard Blumenthal (Conn.), Richard Durbin (Ill.), and Kirsten Gillibrand (N.Y.) [read post]
2 Aug 2022, 1:57 am by Kurt R. Karst
In a related action, Senator Booker introduced, with several Senators who signed the July 6th letter sponsoring, the Cannabis Administration and Opportunity Act (S. 4591) on July 21st. [read post]
29 Jul 2022, 1:40 pm by Jon L. Gelman
Yesterday, our Republican colleagues chose to play politics with the lives and well-being of these brave men and women,” said Senator Gillibrand, Chair of the Senate Armed Services Personnel Subcommittee. [read post]
On July 21, 2022, the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) each brought insider trading charges against a former Coinbase product manager, his brother and a close friend for using material non-public information (MNPI) to purchase a variety of crypto assets prior to announcements by Coinbase that the assets would be listed on the company’s platform. [read post]
22 Jul 2022, 8:55 am by Zak Gowen
Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) said that while their broader crypto regulatory framework bill won’t see a vote until 2023, one key part might be incorporated into another bill the Senate Banking Committee will vote on this year. . . . [read post]
18 Jul 2022, 11:30 pm by Aarthi Anand
On June 1, Senators Lummis and Gillibrand introduced bipartisan legislation (Loomis-Gillibrand Bill) in the Senate that expands the CFTC’s oversight of crypto-assets. [read post]
The co-sponsorship by Lummis and Gillibrand is noteworthy not only because the legislators are from different parties, but also because Lummis is a member of the Banking Committee, which oversees the SEC, and Gillibrand is a member of the Senate Agriculture Committee, which oversees the Commodity Futures Trading Commission (CFTC). [read post]
16 Jun 2022, 12:22 pm by Amy Winecoff
Current and former government actors such as Rostin Behnam, Chairman of the  Commodity Futures Trading Commission (CFTC) as well as Senators Kirsten Gillibrand, Cynthia Lummis, and Pat Toomey, participated in panels. [read post]