Securities Enforcement. Corporate Investigations. Financial Regulation.

Independent analysis of the laws, regulations, investigations, and enforcement actions shaping modern financial markets.

Title slide with the text 'Explore by Topic' and 'In-Depth Coverage. Regulatory Perspective' on a dark blue background with digital wave patterns.
BOOK A CALL
CLIENT INTAKE FORM
ABOUT ME
GESMER UPDEGROVE
A man in a blue suit with a white shirt and patterned tie, standing with arms crossed and smiling.

BRAEDEN ANDERSON

Braeden is one of the top securities lawyers in the country and was recognized by Best Lawyers: Ones to Watch® in America in the Financial Services Regulation Law and Securities Regulation categories. This honor is awarded to only the top 2% of attorneys in the United States and is based on a comprehensive peer-review survey.

Braeden helped lead Gesmer Updegrove to recognition in The Legal 500 United States for Corporate Investigations & White Collar Crime, Tier 3, and Finance: Fintech, Tier 4.

Braeden is active in the U.S. securities enforcement community through Securities Docket, where he has served on the 2025 and 2026 Advisory Boards and contributed video commentary through the Weekly Update.

Braeden was named the #1 United States author in FinTech in Mondaq’s Spring 2025 Thought Leadership Awards, reflecting the national reach and influence of his writing on fintech, securities regulation, and digital asset policy.

Anderson Insights K. Braeden Anderson Anderson Insights K. Braeden Anderson

SEC Crypto Enforcement Pauses in Select Matters; But Uncertainty Remains for Many

While major platforms like Coinbase and Binance breathe easier, countless other crypto market participants remain in the crosshairs of unresolved investigations. These businesses, builders, and innovators face the same murky regulatory waters, the same costly battles, and the same chilling uncertainty that the SEC now seems to acknowledge is problematic. So, why are they still left out in the cold?

Read More
Anderson Insights K. Braeden Anderson Anderson Insights K. Braeden Anderson

Bondi Pivots Justice Department’s Stance on White Collar Under Trump

The Justice Department is scaling back its enforcement of laws governing foreign lobbying transparency and foreign bribery, according to a memorandum issued by Attorney General Pam Bondi. The shift signals a narrowing of the Foreign Corrupt Practices Act (FCPA) enforcement scope, moving away from traditional corporate bribery cases and toward investigations tied to transnational criminal organizations.

Read More
Anderson Insights K. Braeden Anderson Anderson Insights K. Braeden Anderson

Sen. Lummis Urges Second Circuit to Curb SEC’s Crypto Overreach

Senator Cynthia Lummis, R-Wyo., has thrown her support behind Coinbase Inc. in its legal battle against the U.S. Securities and Exchange Commission (SEC), urging the Second Circuit to clarify the limits of the SEC’s authority in regulating digital assets. In an amicus brief filed Friday, Lummis argued that the SEC’s enforcement actions against crypto intermediaries, including Coinbase, undermine congressional efforts to establish a clear regulatory framework for the digital asset industry.

Read More
Anderson Insights K. Braeden Anderson Anderson Insights K. Braeden Anderson

Palo Alto Networks Insider Trading Case: Ninth Circuit Orders Resentencing

The Ninth Circuit has upheld securities fraud convictions against Sivannarayana Barama, a former Palo Alto Networks engineer who profited $7 million through insider trading. However, the court remanded the case for resentencing, ruling that the district court improperly used Barama’s trading gains as a proxy for the company’s loss without determining an actual loss.

Read More
Anderson Insights K. Braeden Anderson Anderson Insights K. Braeden Anderson

KuCoin’s $297M Settlement Marks a Turning Point in Crypto Compliance

Crypto exchange KuCoin has agreed to pay $297 million and pled guilty to operating an unlicensed money transmitting business, following allegations of widespread anti-money laundering (AML) failures and the facilitation of over $5 billion in illicit transactions. This significant development underscores the growing scrutiny of cryptocurrency platforms by U.S. regulators and law enforcement.

Read More