Bridging the Week by Gary DeWaal: October 14 to 18, and October 21, 2019 (Stablecoins; Telegraph and TON; FINRA Examination Findings)

Published Date: October 21, 2019

The Group of Seven Working Group on Stablecoins conceded that utilization of stablecoins might help address the lack of access to financial services by a large portion of the world’s population and inefficient cross-border retail payments. However, the intergovernmental economic organization solely identified obstacles to stablecoin rollout without suggesting any practical ways to expedite their introduction. Separately, the Financial Industry Regulatory Authority published its annual findings of not so best practices at member firms. As a result, the following matters are covered in this week’s edition of Bridging the Week:

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ABOUT GARY DEWAAL

Gary DeWaal

Gary DeWaal is currently Special Counsel with Katten Muchin Rosenman LLP in its New York office focusing on financial services regulatory matters. He provides advisory services and assists with investigations and litigation.


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ABOUT KATTEN

Katten is a firm of first choice for clients seeking sophisticated, high-value legal services in the United States and abroad.

Our nationally recognized practices include corporate, financial services, litigation, real estate, environmental, commercial finance, insolvency and restructuring, intellectual property, and trusts and estates.

Our approximately 650 attorneys serve public and private companies, including nearly half of the Fortune 100, as well as a number of government and nonprofit organizations and individuals.

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Gary DeWaal
Katten Muchin Rosenman LLP
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New York, NY 10022-2585

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