Previous Next

Paul Weiss Discusses DOJ, Treasury Enforcement Against Southeast Asian Scam Networks

By Jessica Carey, John Carlin, Roberto Gonzalez, David Kessler and Samuel Kleiner October 27, 2025 by jlucero

On October 14, 2025, the Department of Justice (DOJ), the Department of Treasury’s Office of Foreign Assets Control (OFAC), and Treasury’s Financial Crimes Enforcement Network (FinCEN) announced significant enforcement actions against Southeast-Asian scam networks targeting Americans through “pig butchering” cryptocurrency …

SEC Chair Gensler on SPACs, Shell Companies, and Projections Proposal

By Gary Gensler March 31, 2022 by renholding

Today [March 30], the Commission is considering a proposal to strengthen investor protections in special purpose acquisition companies (SPACs). I am pleased to support this proposal because, if adopted, it would strengthen disclosure, marketing standards, and gatekeeper and issuer obligations

…

SEC Commissioner Dissents on Shell Companies, Projections, and SPACs Proposal

By Hester M. Peirce March 31, 2022 by renholding

Thank you, Chair Gensler, Renee [Jones], Charles [Kwon], and Jessica [Wachter] for the presentation. The Commission’s 2022 budget request includes additional resources to address “an unprecedented surge in non-traditional IPOs by special purpose acquisition companies.”[1] If we adopt the

…

The CLS Blue Sky Blog

Columbia Law School's Blog on Corporations and the Capital Markets

shell companies

Paul Weiss Discusses DOJ, Treasury Enforcement Against Southeast Asian Scam Networks

SEC Chair Gensler on SPACs, Shell Companies, and Projections Proposal

SEC Commissioner Dissents on Shell Companies, Projections, and SPACs Proposal