A Comparative Dissection Of The Regulation Of Crypto Investments And Securities Across The Atlantic

September 16, 2026 The tokenization of financial instruments—the digital representation of traditional assets through tokens issued on distributed ledger technologies (DLT) such as blockchain—marks a transformative shift in capital markets. By enabling fractional ownership, near-instantaneous settlement, and global transferability, tokenization promises enhanced efficiency, liquidity, and financial inclusion. Yet it simultaneously presents profound legal and regulatory

Securities and Exchange Commission Adopts Final Fund of Funds Rule

On October 7, 2020, the Securities and Exchange Commission (SEC) adopted Rule 12d1-4 and other amendments under the Investment Company Act of 1940, as amended, which streamline and enhance the regulatory requirements for registered investment companies and business development companies to acquire shares of other funds in excess of the limits in Section 12(d)(1) of the 1940 Act.