Worldwide: Securities

A significant portion of private funds rely on the exemptions from registration under either Section 3(c)(1) or Section 3(c)(7) (Registration Exemptions) of the Investment Company Act of 1940 (Investment Company Act). Section 3(c)(1) exempts issuers whose outstanding securities are beneficially owned by 100 or fewer persons (100 Person Limit).

On July 11, 2025, the SEC announced that it had filed a joint stipulation with Defendants Pinnacle Advisors, LLC ("Pinnacle"), two of Pinnacle's officers, and two mutual fund independent trustees to dismiss with prejudice the SEC's first-ever case seeking to enforce the Liquidity Rule.

On July 9, 2025, Judge P. Casey Pitts of the United States District Court for the Northern District of California largely declined to dismiss a putative securities...

On July 2, 2025, the U.S. Securities and Exchange Commission (SEC) reached a preliminary settlement with SolarWinds Corp. (SolarWinds) and its chief information security officer...

One of the many strengths of decentralised blockchain technology and the crypto markets is that they are truly global. The opportunities this provides are enormous...

On 25 June 2025, the European Securities and Markets Authority (ESMA) published its first comprehensive review of the Distributed Ledger Technology (DLT) Pilot Regime, a regulatory sandbox designed to test blockchain-based...

Holland & Knight is excited to announce the third season of its SECond Opinions Blog Summer Series featuring posts written and researched by the associates from our Securities Enforcement Defense Team.

The securities industry is rapidly adopting artificial intelligence ("AI") and algorithmic technologies for a wide range of functions.

On May 22, 2025, the Trump administration revoked Harvard University's Student Exchange and Visitor Program (SEVP) certification, which is required to enroll international students on F-1, J-1, and M-1 visas