Steven D. Lofchie

SEC Commissioner Peirce Reaffirms Agency Mission in Light of GameStop

USA - February 23 2021 Citing the events of the GameStop run-up, SEC Commissioner Hester M. Peirce emphasized both (i) the constancy of the regulatory mission of the agency…

SIFMA Highlights Negative Consequences of Proposed Reimposition of New York State Stock Transfer Tax

USA - February 23 2021 In a new whitepaper, SIFMA detailed the potential negative implications of legislation that would reimpose a New York State Stock Transfer Tax…

GameStop: Regulators Should Focus Less on “Solving the Problem”; More on “Improving the Situation”

USA - February 19 2021 The hullabaloo surrounding the run-up in the price of GameStop ("GME") and the activities of Robinhood Markets, Inc. (together with subsidiaries, as…

Conor Almquist, Kyle DeYoung, Sebastian Souchet.

House Financial Services Committee Hears Testimony from Key Players in GameStop Trading Event

USA - February 18 2021 A number of key players in the short squeeze of the stocks involving GameStop, AMC and KOSS testified at a U.S. House Financial Services Committee…

Department of State Revokes Designation of Ansarallah as Foreign Terrorist Organization

USA - February 16 2021 The U.S. Department of State revoked the counterterrorism designations of Ansarallah that had blocked the group from engaging in transactions with U…