In Westlaw Today, Asset Management Attorneys Analyze Proposed Federal Framework for Digital Asset Regulation

In The News
July 7, 2022

In a Westlaw Today article, asset management partners Melissa Bender and Jeremy Liabo and asset management associates Katherine Forrester-Quek and Max Markoff analyzed key takeaways from a bipartisan Bill proposing a framework for regulating digital assets.

The Lummis-Gillibrand Responsible Financial Innovation Act proposes to overhaul the division of authority between the Securities and Exchange Commission and the Commodity Futures Trading Commission with respect to digital assets.

The authors also examine the Bill’s proposals with respect to tax, stablecoins, custody and financial innovation.