Broadcast Date: Wednesday, August 09, 2023
from 12:00 pm to 1:00 pm (ET)

Overview:

Cryptocurrency markets experienced a series of setbacks and a number of high-profile bankruptcies in 2022. Regulators have ramped up enforcement efforts, in a professed effort to protect investors and address illicit activities. In the first half of 2023, the SEC brought a record number of crypto-related enforcement actions, including actions against crypto exchanges. The SEC also reopened rulemakings directed at platforms that bring together buyers and sellers of alleged securities, including digital assets. Amid these trends, crypto assets continued to raise novel legal questions and challenges for market participants in the ecosystem.

Join distinguished economic consultant Simona Mola (Cornerstone Research) and securities litigation and SEC enforcement defense partner Sarah Heaton Concannon (Quinn Emanuel Urquhart & Sullivan, LLP) as they provide an in-depth discussion of the current crypto ecosystem. Speakers will also provide the audience with the best practices to mitigate risks and explore other untapped potentials of the crypto business.

Key issues that will be covered in this course are:

  • Trends in SEC cryptocurrency enforcement activity and recent developments under the Gensler administration
  • Token issuers
    • SEC approach to initial coin offerings (“ICOs”) and regulatory debate
    • Recent enforcement cases
  • Crypto exchanges and intermediaries
    • Crypto platform enforcement and recent enforcement cases
    • SEC proposed amendments to the definition of “exchange” under Exchange Act 3b-16 and implications for crypto platforms, including DeFi systems
  • Other regulatory and enforcement developments

Credit:

Course Level:

Intermediate

 

Advance Preparation: 

Print and review course materials

 

Method of Presentation:

On-Demand Webcast

 

Prerequisite:

General knowledge of cryptocurrency laws

 

Course Code:

1410366

 

NY Category of CLE Credit:

Areas of Professional

 

Total Credits:

1.0 CLE

Speaker Panel:

Simona Mola, Principal
Economic Consultant
Former SEC Assistant Director and Senior Policy Advisor

Cornerstone Research

Simona Mola has two decades of experience in consulting, government, and academia. At Cornerstone Research, Dr. Mola conducts financial and economic analyses in complex commercial litigation and regulatory proceedings. Prior to joining the private sector, Dr. Mola was assistant professor at Arizona State University and also served as assistant director and senior policy advisor at the U.S. Securities and Exchange Commission. At the SEC, she led and developed numerous economic analyses for high-profile rulemakings and policy projects related to corporate finance, disclosure requirements, capital formation, corporate governance, and executive compensation. Dr. Mola has expertise with economic issues involving cryptocurrency, blockchain use cases, and token economies. She regularly publishes in the space and has presented in numerous conferences.

Sarah Heaton Concannon, Partner and Co-Chair of SEC Enforcement Defense Practice
Quinn Emanuel Urquhart & Sullivan, LLP

Sarah Heaton Concannon is a nationally recognized first-chair trial and appellate lawyer who serves as Co-Chair of Quinn Emanuel’s SEC Enforcement Defense practice and is resident in the firm’s Washington, D.C. and New York, N.Y. offices.  Sarah has over two decades’ experience representing and advising public companies, private funds, hedge funds, investment advisers, boards, audit committees, senior executives, and other individuals in bet-the-company litigation and governmental investigations.  Sarah brings together a practical, results-driven, client-centric focus, outstanding academic credentials, and a unique depth of knowledge regarding how to best navigate governmental and regulatory processes to achieve results for clients.

Agenda:

Simona MolaPrincipal

Cornerstone Research

  • Trends in SEC cryptocurrency enforcement activity and recent developments under the Gensler administration
  • Token issuers
    • SEC approach to initial coin offerings (“ICOs”) and regulatory debate
    • Recent enforcement cases

Sarah Heaton Concannon, Partner and Co-Chair of SEC Enforcement Defense Practice

Quinn Emanuel Urquhart & Sullivan, LLP

  • Crypto exchanges and intermediaries
    • Crypto platform enforcement and recent enforcement cases
    • SEC proposed amendments to the definition of “exchange” under Exchange Act 3b-16 and implications for crypto platforms, including DeFi systems
  • Other regulatory and enforcement developments

Date & Time:

Wednesday, August 09, 2023

12:00 pm to 1:00 pm (ET)

Who Should Attend:

  • Technology Lawyers
  • Banking & Finance Lawyers
  • Securities/Capital Markets Lawyer
  • Cryptocurrency Lawyers
  • General Counsel
  • Digital Finance Professionals
  • Chief Compliance Officers
  • Fraud Analysts
  • Risk Management Officers
  • Finance Compliance Officers
  • Investment Managers
  • Investment Directors
  • Investment Advisors
  • Wealth Managers/Advisors
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SPEAKERS

Simona MolaPrincipal
Economic Consultant
Former SEC Assistant Director and Senior Policy Advisor
Cornerstone Research
Sarah Heaton ConcannonPartner and Co-Chair of SEC Enforcement Defense Practice
Quinn Emanuel Urquhart & Sullivan, LLP

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