https://www.law360.com/capitalmarkets?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Capital Markets Copyright 2025 Portfolio Media, Inc. en-US Thu, 01 May 2025 23:44:47 +0000 https://www.law360.com/capitalmarkets/articles/2333755?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2333755 A Manhattan federal judge on Thursday suggested that he may grant all or part of a crypto trader's motion for acquittal or a new trial over allegations that he defrauded Mango Markets investors out of $110 million by manipulating the price of the exchange's native token, in a ruling that would likely center on issues involving mixed swaps or venue. Thu, 01 May 2025 22:52:42 +0000 https://www.law360.com/capitalmarkets/articles/2333273?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2333273 A Manhattan federal judge on Thursday permanently ended claims a real estate investor in a botched $2.6 billion Philippine casino deal brought against attorneys from Sadis & Goldberg LLP, finding that claims that they allowed a fraud to unfold and breached their fiduciary duties were too vague. Thu, 01 May 2025 21:41:26 +0000 https://www.law360.com/capitalmarkets/articles/2333554?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2333554 The U.S. Securities and Exchange Commission moved Thursday to drop its suit over cryptocurrency influencer Ian Balina's alleged promotion of so-called SPRK tokens, about a month after Balina's attorneys said the federal regulator planned to walk away from the case. Thu, 01 May 2025 21:40:59 +0000 https://www.law360.com/capitalmarkets/articles/2333087?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2333087 The Financial Industry Regulatory Authority announced online broker-dealer Interactive Brokers LLC will pay $400,0000 to settle claims it failed to report regulatory complaints and customer grievances regarding the functionality of its virtual platform to FINRA over an 11-year period. Thu, 01 May 2025 21:18:07 +0000 https://www.law360.com/capitalmarkets/articles/2332716?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332716 A Florida appeals court Wednesday reversed a default judgment against a show horse owner in a dispute with investors, ruling that the court jumped the gun on the judgment after learning the owner faked brain cancer treatment to get preferred hearing dates. Thu, 01 May 2025 18:35:19 +0000 https://www.law360.com/capitalmarkets/articles/2332962?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332962 A special purpose acquisition company led by crypto influencer Anthony Pompliano and advised by Reed Smith LLP has filed for an initial public offering to raise $200 million, while two other blank-check companies eyeing the fintech and tech sectors have raised more than $400 million combined. Thu, 01 May 2025 16:16:43 +0000 https://www.law360.com/capitalmarkets/articles/2332519?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332519 While businesses may have been given a reprieve from the U.S. Securities and Exchange Commission's rules aimed at standardizing climate-related disclosures, they must still track evolving requirements in states including California, Illinois, New Jersey and New York that will soon require reporting of direct and indirect carbon emissions, say attorneys at Husch Blackwell. Thu, 01 May 2025 12:51:28 +0000 https://www.law360.com/capitalmarkets/articles/2332022?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332022 The U.S. Commodity Futures Trading Commission recently released a request for comment on the trading and clearing of perpetual-style derivatives, most common in the cryptocurrency market, necessitating a deep look at how these contracts operate and their associated risks, say attorneys at Moore & Van Allen. Thu, 01 May 2025 10:51:17 +0000 https://www.law360.com/capitalmarkets/articles/2332769?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332769 Sony could sell its semiconductor unit for $49 billion, while proxy advisory firm Glass Lewis is considering ending its practice of advising shareholder votes on politically charged topics, and AI startup Nscale plans to raise $2.7 billion in private capital to support the construction of data centers around the world. Thu, 01 May 2025 10:21:44 +0000 https://www.law360.com/capitalmarkets/articles/2305667?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2305667 Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins. Wed, 30 Apr 2025 22:59:38 +0000 https://www.law360.com/capitalmarkets/articles/2332775?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332775 The U.S. House Financial Services Committee on Wednesday approved Republican budget legislation that would strip most funding from the Consumer Financial Protection Bureau and wind down an independent audit regulator for public companies.   Wed, 30 Apr 2025 19:50:25 +0000 https://www.law360.com/capitalmarkets/articles/2332425?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332425 The U.S. Securities and Exchange Commission has accused three Texas residents of operating a Ponzi-like scheme that raised at least $91 million from over 200 investors disguised as an international bond-trading business. Wed, 30 Apr 2025 19:48:30 +0000 https://www.law360.com/capitalmarkets/articles/2332601?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332601 Citadel Securities LLC released a white paper Wednesday that lays out policy recommendations for the U.S. Securities and Exchange Commission and the exchanges it regulates, calling on the agency to address concerns tied to secretive trading rooms as well as 24-hour buying and selling. Wed, 30 Apr 2025 19:46:59 +0000 https://www.law360.com/capitalmarkets/articles/2332387?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332387 Two separate special purpose acquisition companies have announced plans to raise a combined $321 million through their respective initial public offerings. Wed, 30 Apr 2025 19:30:56 +0000 https://www.law360.com/capitalmarkets/articles/2332260?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332260 The latest data from PitchBook's Q1 Global M&A Report found that global M&A activity was robust in the first quarter of 2025, defying a prevailing sentiment about a sluggish start to the year, but the firm indicated that a slowdown in dealmaking could soon reveal itself in its data.  Wed, 30 Apr 2025 19:16:42 +0000 https://www.law360.com/capitalmarkets/articles/2332479?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332479 An Activant Capital Group fund has petitioned Delaware's Court of Chancery to approve a $7.5 million company-paid corporate benefit fee, citing a successful battle for cancellation of more than $37 million in Bolt Financial Group shares held by a controller who defaulted on a more-than $30 million company-guaranteed loan. Wed, 30 Apr 2025 19:08:50 +0000 https://www.law360.com/capitalmarkets/articles/2332653?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332653 The developers of a $1 billion Miami soccer stadium project under construction have secured a $450 million mortgage from JPMorgan Chase Bank in a transaction advised by Winston & Strawn LLP. Wed, 30 Apr 2025 19:03:19 +0000 https://www.law360.com/capitalmarkets/articles/2332540?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332540 Crypto exchange Coinbase on Wednesday urged the U.S. Supreme Court to firm up privacy rights around digital information stored with third parties, backing a petition by a Coinbase user who's challenging the Internal Revenue Service's seizure of his account records. Wed, 30 Apr 2025 17:44:13 +0000 https://www.law360.com/capitalmarkets/articles/2332424?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332424 A Texas federal judge has permanently barred the U.S. Department of the Treasury from enforcing its now-dissolved sanctions on crypto mixer Tornado Cash after the advocates who challenged the designation argued the government's removal of the sanctions wasn't enough. Wed, 30 Apr 2025 16:53:40 +0000 https://www.law360.com/capitalmarkets/articles/2332446?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/capitalmarkets/articles/2332446 During the first 100 days of the second Trump administration, the U.S. Securities and Exchange Commission brought significantly fewer stand-alone enforcement actions than at the beginning of the Biden and the first Trump administrations, with every one of the federal court complaints including allegations of fraudulent conduct, say attorneys at Dentons.