SEC Names David Woodcock New Enforcement Chief as Crypto Cases Quietly Drop

SEC WINS ROUND TWO AS SUPREME COURT REINS IN AGENCY POWER The Supreme Court just handed the SEC and every other federal agency a sharp new limit on how they read the statutes they enforce. In a 6-3 ruling issued June 27, the justices overturned the 1984 Chevron doctrine that let regulators fill in the…

SEC Picks New Enforcement Chief as Crypto Cases Stall The US Securities and Exchange Commission has installed David Woodcock as its new enforcement chief, stepping into a role left open after the abrupt exit of his predecessor. The move comes as senators press the agency for answers on why it quietly dropped enforcement actions against…

SEC Loses Grip: Court Slaps Down Overreach on Food Giant Tokens The Seventh Circuit just torched the CFTC’s bid to force Kraft and Mondelēz into spilling internal docs on their wannabe-crypto “Kraft Token” experiment, ruling the agency lacks subpoena power without a formal enforcement action. This mandamus denial hands a rare win to traditional firms…

UK to Dissolve Crypto Exchange Accused of Aiding Iranian Sanctions Evasion The UK is moving to dissolve a crypto exchange that has been accused of helping users evade sanctions related to Iran, marking another enforcement step that links crypto activity to national security and sanctions compliance. Authorities have alleged that the exchange played a role…

SEC Seeks Mandamus in Kraft CFTC Dispute The Seventh Circuit is being asked to intervene in a bitter standoff between the Commodity Futures Trading Commission and two food giants, Kraft and Mondelēz, after a lower court ordered the agency to turn over internal documents the CFTC insists are privileged. At stake is not just discovery…