This newsletter is off today, back on Monday.

Early-Bird Registration Now Open for Securities Enforcement Forum D.C. 2025!

Please join us Thursday, October 30 at the Mayflower Hotel in Washington, D.C.

SEC's Atkins Seeks to Craft Framework that "Future Proofs Crypto Markets Against Regulatory Mischief"

Plus what is the future of the Howey test?

SEC Adds to DOJ Allegations Against Two Men Accused of Insider Trading Based on Stolen Corporate Regulatory Filings

Plus SDNY judges approve Jay Clayton to continue as U.S. Attorney.

SEC Charges Buyout Firm TZP Group For Excessive Management Fees

Plus just five weeks until Securities Enforcement Forum Central in Chicago!

SEC, DOJ Charge Defendants With Over $200 Million Water Vending Machine Ponzi Scheme

Plus SEC Chairman Atkins says agency is mobilizing to make U.S. the crypto capital of the world.

Alternative Investments in 401(k)s--WiIl this Train "Leave the Station?"

Plus Wall Street banks are now covering private companies.

Do Kwon Pleads Guilty to Terra Fraud, DOJ Will Not Seek Prison Sentence Greater Than 12 Years

Plus the "Blockchain Emperor (Still) Has No Clothes?"

The "Hobson’s Choice" of the SEC's No-Deny Rule in Settlements

Plus the SEC files a settled enforcement action for a manipulative options spoofing scheme.

Binance Founder CZ Deploys "Full Playbook" in Effort to Gain Pardon

Plus kangaroo-nicorns.

SEC and Ripple Dismiss Appeals, Ending Over Four Years of Litigation

Plus Paxos settles matter with NYDFS for a total of over $48 million.

"No-Deny" SEC Settlements? No Problem!

Plus Pres. Trump is set to sign an order today allowing for private assets in 401(k)s.