CTBL Blog

Beyond Enforcement: The SEC’s Shifting Playbook on Crypto Regulation

May 9, 2025 by Akshay S. Ralhi Capital Markets Cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) plays a critical role in shaping the regulatory landscape for cryptocurrencies, balancing the need to protect investors with the potential for technological innovation. The transition from the Biden administration’s enforcement-heavy approach under Chair Gary Gensler to the Trump administration’s innovation-driven strategy under Chair Paul Atkins marks a significant shift in priorities. This article examines the SEC’s evolving stance, focusing on cryptocurrency’s legal status, the Howey Test’s application, and the impact of President Trump’s crypto executive order.

Akshay S. Ralhi - CTBL Fellow

Financial Markets and Cybersecurity

Regulatory Spotlight on Finance: SEC and NYDFS Actions on Cybersecurity and AI Risks

January 27, 2025 by Duruhan Aydinli Capital Markets

The recent actions by the SEC and NYDFS underscore an urgent shift in regulatory expectations for cybersecurity, especially as AI-driven technologies become more integrated into financial operations. This blog article explores how these recent updates, technological changes and recent regulatory developments affect businesses in the financial markets, which are under growing pressure to accurately and transparently manage cyber threats in the era of AI.

C. Duruhan Aydinli - Research Assistant