Recently, the SEC has used its authority in Exchange Act Section 12(k) to suspend trading in the stock of four issuers that reflects the SEC’s concern about the public market for an issuer’s stock influenced by potentially unfounded claims about the use of, or association with, blockchain technology and cryptocurrencies. A trading suspension can have a significant impact on the subsequent market for the issuer's stock.
Murphy & McGonigle partner Timothy Peterson comments in CoinDesk on trends in the ICO regulatory and enforcement environment.
For the sixth year in a row, U.S. News & World Report and Best Lawyers selected Murphy & McGonigle as a National Tier 1 Law Firm. This year, we were honored in Securities Regulation, Securities Litigation, and Corporate Law. Only 25 firms received National Tier 1 recognition in all three areas. We are the youngest and smallest firm among those 25 listed, by far.
A slew of articles has appeared recently about the growing use of artificial intelligence (“AI”) and neural networks for securities trading. Most of these articles conflate basic algorithm refinement with deep learning and neural networks. As I noted in an article I wrote last December, I am confident that some forms of deep learning are being used by a few hedge funds and proprietary traders, and that such use will grow quickly over time. The notion, however, that it is taking hold on a widespread basis seems grounded on a misunderstanding of the nature of deep learning.
Murphy & McGonigle is proud to partner with ETHIC Intelligence to present the ISO 19600 & ISO 37001 Training Session here in our offices April 16-20, 2018. Seats are going fast, don't delay and miss out on a great program! For more information contact email@example.com
Its not too late to register! In a LIVE Webcast on January 17, 2018, experts from NERA Economic Consulting, Murphy & McGonigle, Pomerantz LLP, and Quilling Selander Lownds Winslett Moser P.C. will provide an overview of the recent trends, developments, and legal challenges surrounding the Fraud-on-the-Market Doctrine. They will also highlight the implications and inferences of the developments to the securities class action landscape, and provide practical tips and strategies to avoid potential risks and pitfalls surrounding this topic. Join us!