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SEC Proposes Regulation Crypto Assets: Tailored Pathways For Covered Investment Contracts
The U.S. Securities and Exchange Commission has proposed Regulation Crypto Assets, introducing two tailored exemptions from Securities Act registration requirements for certain offerings of covered investment contracts involving crypto assets. The proposal establishes a startup exemption allowing up to $5 million in offerings over four years and a two-tier fundraising exemption permitting offerings up to $75 million...
United States Finance
AO
A&O Shearman
Article
DOJ Revises Justice Manual To Strengthen False Claims Act Enforcement
The Department of Justice has revised two critical sections of the Justice Manual governing False Claims Act enforcement, introducing stricter limitations on the use of agency guidance documents as enforcement standards and expanding the framework for dismissing meritless qui tam actions. These policy changes signal a shift toward requiring clearer legal foundations for FCA cases while maintaining the government's ability to actively police the quality of whistleblower lawsuits.
United States Government
FH
Foley Hoag LLP
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