
Publication
US SEC targets Coinbase, signaling stricter enforcement against crypto exchanges
The Securities and Exchange Commission issued a Wells Notice to Coinbase, Inc., the largest US-based cryptocurrency exchange and a NASDAQ-listed company.
We use cookies and other similar technology to collect data about you to allow us to deliver our online services, measure our website audience and improve your browsing experience. Full details on the cookies we use are set out in our Cookies policy. Please click OK to signify your consent to our use of cookies.
You can withdraw your consent by clicking “manage cookies” and following the instructions shown.
Australia | Publication | September 2021
The Federal Government response on 3 September 2021 to the Senate Education and Employment References Committee’s report, Driving a fairer deal: Regulation of the relationship between car manufacturers and car dealers in Australia, confirms it has no major plans for further regulation or review of the automotive sector beyond those already announced.
The Government noted a range of changes it had made in recent times which aim to make the automotive sector fairer and more transparent for consumers, dealers and manufacturers, referencing:
The Government declined to intervene in the ACCC investigations in relation to GM Holden or impose additional reporting obligations on the ACCC. It noted it is consulting on the merits of a standalone automotive franchising code and options to strengthen alternative dispute resolution mechanisms for automotive franchisees through binding arbitration.1
Any further reform of consumer warranty laws will depend on the outcome of a regulatory impact assessment. The Government expressed satisfaction with the current operations of ASBFEO, and declined to undertake a further review into effectively enforcing alleged contraventions of the Competition and Consumer Act 2010 as it relates to the regulation of the relationship between car manufacturers and car dealers.
Should you wish to discuss these developments further, please contact Kristen Hooke or Stephen Giles.
Publication
The Securities and Exchange Commission issued a Wells Notice to Coinbase, Inc., the largest US-based cryptocurrency exchange and a NASDAQ-listed company.
Subscribe and stay up to date with the latest legal news, information and events...
© Norton Rose Fulbright LLP 2023