North America: Technology

The Staff noted that Securities Exchange Act (SEA) Rule 15c3-3(b) only applies to securities carried by a broker-dealer. Accordingly, if a broker-dealer carries non-security crypto assets (e.g., Bitcoin or Ether), a broker-dealer will not be required to maintain crypto assets in the manner set forth under the rule.

On April 24, 2025, the Federal Deposit Insurance Corporation ("FDIC") and the Federal Reserve Board of Governors (the "Board of Governors") issued a notice withdrawing two prior joint statements on "crypto-asset-related activities."

Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice...

Two bodies of export regulations typically come to mind when we think of export controls: the Export Administration Regulations of the Commerce Department's Bureau of Industry and Security, and the International Traffic in Arms Regulations ...

GenAI's role in retail continues to grow, and is here to stay. While recent tech advancements like crypto and NFTs didn't live up to the hype, GenAI is already driving real business implications...

California's Automatic Renewal Law ("ARL") saw its most recent amendment take effect on July 1, 2022.

On May 12, 2025, the Defense Counterintelligence and Security Agency (DCSA) released a new SF-328[1] consisting of 9 questions and 6 pages of instructions that detail the types of supporting documentation requested and identify information required by different responding entities (e.g., corporate, non-profit, academic, etc.).

As robotics systems increasingly rely on data for operation, decision-making, and machine learning, data privacy has become a critical issue. Robotics companies often handle sensitive data...

Earlier this year, New Jersey's Attorney General and the Division on Civil Rights issued guidance concerning Artificial Intelligence ("AI") discrimination in hiring...

On May 12, 2025, the Defense Counterintelligence and Security Agency (DCSA) released a new SF-328[1] consisting of 9 questions and 6 pages of instructions that detail the types of supporting documentation requested and identify information required by different responding entities (e.g., corporate, non-profit, academic, etc.).

As AI systems evolve from generating responses to autonomously executing tasks, organizations face complex legal challenges that will reshape the fundamental relationship...

An English Court has recently decided that three insurance policies covering the same loss...