SEC Moves to Create Regulatory Framework for Cryptocurrencies)
Key Points Paul Atkins has been confirmed as SEC chair, succeeding Acting Chair Mark Uyeda, who initiated significant regulatory actions. The new Crypto Task Force aims to establish a comprehensive regulatory framework for cryptoassets. The SEC has updated guidance on shareholders’ eligibility to file Schedule 13G beneficial ownership reports. Staff guidance issued during the Biden […]
Posted by Brian V. Breheny, and Sydney E. Smith, Skadden, Arps, Slate, Meagher & Flom LLP, on Wednesday, May 28, 2025
Editor's Note:
Brian V. Breheny is a Partner, and Sydney E. Smith is an Associate, at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on their Skadden memorandum.
Key Points
- Paul Atkins has been confirmed as SEC chair, succeeding Acting Chair Mark Uyeda, who initiated significant regulatory actions.
- The new Crypto Task Force aims to establish a comprehensive regulatory framework for cryptoassets.
- The SEC has updated guidance on shareholders’ eligibility to file Schedule 13G beneficial ownership reports.
- Staff guidance issued during the Biden era on when companies can exclude shareholder proposals in proxy statements was reversed.
- The agency has ended its defense of the climate disclosure rules, which required information about climate-related risks and greenhouse gas emissions.
