Fintech, Regtech, and the Financial Services Industry analyzes the developments taking place within the financial services industry and spotlights the opportunities they bring to the marketplace, while also highlighting the emerging regulatory framework. This newly supplemented treatise follows the development of fintech, regtech, and suptech, discussing revolutionary innovations within the financial services industry as a whole. 

Highlights include:  

• Chapter 2, Fintech Jurisdictional Issues, details the joint statements by the SEC and CFTC about streamlining oversight as markets converge and launching initiatives for cross-agency crypto trading; it also covers the “GENIUS” Act enacted into law on July 18, 2025 

• Chapter 3A, Artificial Intelligence in the Securities Industry,highlights key U.S. regulatory developments on AI, such as the FINRA Regulatory Notice 24-09, the March 2025 roundtable on AI, the 2025 FINRA Annual Regulatory Oversight Report, and the December 2024 U.S. Department of Treasury report covering AI risks and opportunities 

• Chapter 5, Regulation of Digital Advisers, analyzes the SEC’s Internet Adviser Exemption under Investment Advisers Act Rule 203A-2(e), which allows advisers offering services through digital platforms to register federally, even lacking sufficient assets (Section 5:4.1) 

• Chapter 8, Financial Technology Platforms, examines the Latham & Watkins No-Action Letter from March 12, 2025, which confirms issuers under Rule 506(c) may use investor self-certification for accredited status when investing equal to or above a minimum amount (Section 8:2.1[B]) 

• Chapter 8B, Blockchain and Digital Assets, provides extensive updates to the chapter, including coverage of regulatory developments on digital asset securities and the GENIUS Act (Section 8B:6.1 and 8B:7.3[A]) 

• Chapter 12A, Privacy Laws Applicable to Fintech Companies, outlines new discussion of the Personal Financial Data Rights final rule, also known as the “Open Banking Rule”, issued by the Consumer Financial Protection Bureau on October 22, 2024, as well as updated coverage of state comprehensive privacy laws (Section 12A:7 and 12A:8.2) 

• Chapter 14, Regulation SCI and Trends in IT and Cybersecurity Regulation, Compliance, and Enforcement, discusses the SEC’s May 2024 Regulations S-P Amendments and provides an update on the 2024 Intercontinental Exchange settlement for Regulation SCI violations (Section 14:3.6[A][1] and 14:5.2[I]) 

• Chapter 15, Big Data and Artificial Intelligence: Legal and Compliance Considerations for Investment Managers, covers evolving AI regulations, including the current administration’s AI action plan, the EU AI Act, state laws, and voluntary guidance from NIST and ISO (Section 15:5.5[A], 15:5.5[D], 15:5.5[H] and 15:5.5[I]) 

• Chapter 21, Financial Services Firms’ Use of Data Analytics and Technology in Compliance, provides an updated analysis of regulators’ expectations for compliance technology with SEC and FINRA enforcement actions and a review of the developing jurisdictional regulatory landscape for AI in financial services. This chapter also provides guidance on AI compliance opportunities and risks, expanding the previous best practices discussion to include recordkeeping challenges, third-party vendors, and outlines a phased approach to deploying AI tools (Section 21:2.2, 21:2.3, 21:3.6, 21:3.7, 21:3.8) 

• Chapter 22, Regulators’ Use of Data Analytics, includes a new discussion outlining the trajectory of the SEC’s position on deploying AI tools in its regulatory mission (Section 22:3.6) 

• The Table of Authorities and Index have been updated 

Order a print copy today.