AML Conversations: FATF Guidance On Risk-Based Approach To Virtual Assets And Providers

On Wednesday, July 15, CFPB Director Richard Cordray assured the Senate Banking, Housing and Urban Affairs Committee, as well as the public, that data collected by the CFPB could not be used to personally identify any consumer.

The final rule goes into effect on November 9, 2020.

In a registration filing with the SEC, an investment firm is seeking approval of a series of double-leveraged bullish and bearish exchange-traded funds ("ETFs") that each track the performance of a single U.S.-listed equity security.

Climate disclosure regulations are among the most significant and complex challenges faced by companies and boards, with a variety of requirements emanating this year from numerous governmental authorities...

The Chicago Mercantile Exchange has filed a lawsuit against the CFTC challenging its approval of Kalshi's bitcoin perpetual futures contract, arguing that perpetual contracts should be classified as swaps rather...

On September 30, 2026, the Securities and Exchange Commission (SEC) issued two rule proposals and five notices aimed at expanding investors’ access to private markets. The package would add ways to qualify as an accredited investor, including passing a new exam administered by the Financial Industry Regulatory Authority (FINRA), broaden performance-based compensation and modernize regulated funds, including interval funds and business development companies (BDCs).

The SEC has proposed sweeping amendments to expand retail investor access to private market strategies, including changes to performance-based compensation rules for registered investment advisers and modernization of the interval fund framework. The proposals also explore new credential-based pathways for individuals to qualify as accredited investors, potentially opening private offerings to a broader pool of eligible participants.

The Securities and Exchange Commission has approved FINRA Rule 3290, which will replace existing rules governing outside business activities and private securities transactions for registered persons. This new rule narrows the scope to focus on investment-related activities while maintaining similar supervisory obligations for member firms. Understanding the key changes and implementation requirements will be critical for broker-dealers as they update their compliance policies and procedures.

The Securities and Exchange Commission has proposed six new pathways for individuals to qualify as accredited investors, moving beyond traditional income and wealth thresholds. These changes would allow qualification through professional certifications like CPA, CFA, and CFP designations, as well as through a new FINRA-administered exam testing securities knowledge.

The SEC has approved new NYSE and NYSE American listing rules establishing a $0.25 minimum trading price, effective July 1, 2027. A single closing price below this threshold triggers immediate trading suspension and delisting proceedings with no cure period. Companies trading at low share prices must act now during the transition period to implement reverse stock splits and establish monitoring procedures before this hard floor takes effect.

Top global brands, famous content creators, and media moguls know the best protection they can secure for their products is Pryor Cashman representation.

Pryor Cashman Managing Partner Ronald Shechtman discusses the logistical challenges and shifts in priorities that have been necessary to weather the pandemic.

On September 18, 2025, the U.S. Citizenship and Immigration Services (USCIS) provided notice that it would make changes to the Naturalization Civics Test administered to applicants for U.S. citizenship.

Issuers and their counsel often ask how NYSE American approaches "minimum price" considerations where the NYSE American LLC Company Guide (the "Company Guide")...

Pryor Cashman is pleased to announce that Paul E. Van Horn and Erica Howard-Potter have joined the firm as partners in the Trusts + Estates Practice and Private Client Group.

The Saudi Arabian Monetary Authority (SAMA) has taken the position that Bitcoin is now illegal in Saudi Arabia. SAMA published a warning drafted by its Standing Committee

Recently, Managing Partner Ronald Shechtman spoke with The American Lawyer about the growing competition among Am Law firms to acquire middle-market clients.

The Commodity Futures Trading Commission (CFTC) announced today that the Chicago Mercantile Exchange Inc. ...

Pryor Cashman is representing Soleus Capital, as a major stockholder of portfolio company Parse Biosciences, Inc., in connection with the recently announced sale of Parse...

On March 19, 2025, the SSA paused significant portions of its Enumeration Beyond Entry (EBE) program.