SEC: No-Action Letters - Corp Finance

SEC - Archer-Daniels-Midland Co. Waiver Request for Ineligible Issuer Status

The SEC is considering a waiver request from Archer-Daniels-Midland Co. (ADM) to maintain its Well-Known Seasoned Issuer (WKSI) status, despite a recent settlement for violations of securities laws. ADM seeks to avoid being classified as an 'ineligible issuer' for three years following the settlement.

SEC Grants DigitalBridge Waiver of Ineligible Issuer Status

The SEC's Division of Corporation Finance granted DigitalBridge Group, Inc. a waiver from being considered an "ineligible issuer" under Rule 405 of the Securities Act of 1933. This waiver is due to a prior Commission order against its subsidiary, Colony Capital Investment Advisors, LLC.

SEC No-Action Letter: DoubleZero Programmatic Transfers

The SEC's Division of Corporation Finance issued a no-action letter to DoubleZero regarding Programmatic Transfers. The Division will not recommend enforcement action if these transfers are conducted as described, meaning they will not require registration under the Securities Act or Exchange Act.

SEC No-Action Letter for Fuse Crypto Limited

The SEC's Division of Corporation Finance issued a no-action letter to Fuse Crypto Limited, stating it will not recommend enforcement action if Fuse offers and sells its Tokens without registration under the Securities Act and Exchange Act. This guidance is based on the specific facts presented in Fuse's request.

SEC No-Action Letter: MegPrime Holding LLC Token Offering

The SEC's Division of Corporation Finance issued a no-action letter to MegPrime Holding LLC regarding its token offering. The Division stated it would not recommend enforcement action if MegPrime proceeds with the offering as described, without registration under the Securities Act or Exchange Act.