• In the run-up to the September 28, 2021, Compliance Date for the amendments to Rule 15c2-11 under the Securities Exchange Act of 1934 (Exchange Act), the Securities and Exchange Commission (SEC) has approved amendments to Financial Industry Regulatory Authority (FINRA) Rule 6432.   The amendments revise FINRA Form 211 and establish new requirements for "qualified inter-dealer quotation systems" (QIDQS).

  • Wyoming Blockchain Stampede
    09/21/2021 - 09/26/2021 | (09/15/2021)
    Stephen T. Gannon attorney profile image

    Stephen Gannon of the firm's FinTech & Blockchain and Banking & Financial Services practices will be a speaker at the Wyoming Blockchain Stampede, hosted by The University of Wyoming's Center for Blockchain and Digital Innovation. Murphy & McGonigle is proud to sponsor the event, which takes place from September 21-26. Mr. Gannon will be a guest speaker during the WyoHackathon event on September 23.

  • Digital Assets Week London
    10/18/2021 - 10/22/2021 | (09/14/2021)

    London Digital Asset Week will be focusing on two separate overriding subject areas across different summits during the week. Their goal is to bring the traditional funding and listing players together with new digital exchange and platform opportunities, and to advocate for the institutional adoption of digital assets.

  • Financial services law firm Murphy & McGonigle announced today the addition of a new Partner to its Chicago office, Ross Pazzol, an accomplished financial services lawyer who brings experience to clients from both the Chicago Mercantile Exchange and the Securities and Exchange Commission. Mr. Pazzol joins from CME Group, where he served as Assistant General Counsel for the past five years.

  • On September 7, 2021, El Salvador became "the world's first crypto-nation.

  • The SEC sued a crypto lending platform and its top executives alleging they were involved in a global $2 billion fraud, confirming the SEC’s recent commitment to enforcement actions relating to digital asset and crypto investment misconduct.