On December 19, 2025, the staff of the CFTC’s Market Participants Division (“MPD”) issued CFTC No-Action Letter 25-50 that grants no-action relief (the “No-Action Relief”) from registration as a commodity pool operator (“CPO”) and commodity trading advisor (“CTA”) for eligible investment managers1 with respect to qualifying private funds where the following conditions are satisfied: SEC…

Rimon attorneys Nick Curley and Gavin Fearey assisted client Texas Blockchain Council in crafting its comment letter to the U.S. Department of the Treasury on implementation of the GENIUS Act. Broadly, the letter stands for the “North Star” guiding principle that people and businesses use payment stablecoins because they view them like “cash in hand.”…

Rimon attorneys Ted Ghorra, Gavin Fearey, and Nick Curley attended the Texcap Conference in Dallas on October 8, which was a fantastic opportunity to network with clients, the Global Managing Director of Listings at the Texas Stock Exchange, and representatives of NASDAQ and NYSE Texas. Gavin and Nick then attended the North American Blockchain Summit…