BRAEDEN ANDERSON

Welcome to Anderson Insights.

We provide authoritative analysis on securities and commodities regulation, SEC and FINRA enforcement, and legal developments affecting crypto, digital assets, fintech, and financial services, authored by Braeden Anderson.

Please enjoy our legal writings. If you want to talk anything through, send Braeden an email.

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The full Anderson Insights archive is now searchable. Use the search bar to find past content by topic, agency, or keyword. Try searching: “SEC v. Jarkesy,” “ATS regulation,” “custody” or “digital assets”

K. Braeden Anderson 5/4/26 K. Braeden Anderson 5/4/26

When Handshakes Turn Into Lawsuits: The Securities Law Lessons Behind Edelman v. Swissa

Julian Edelman’s lawsuit over a $50M business sale highlights critical securities law risks. Learn why handshake deals fail and why legal counsel is essential in equity and partnership agreements.

K. Braeden Anderson 4/28/26 K. Braeden Anderson 4/28/26

U.S. Regulators Intensify Scrutiny of Private Credit Markets Amid Liquidity and Valuation Concerns

U.S. financial regulators have initiated a coordinated and increasingly focused review of the private credit market, reflecting growing concern regarding liquidity pressures, valuation practices, and potential systemic risk.

K. Braeden Anderson 4/27/26 K. Braeden Anderson 4/27/26

CFTC Files Amicus Brief Reaffirming Jurisdiction Over Prediction Markets

On April 24, 2026, the Commodity Futures Trading Commission submitted an amicus brief before the Massachusetts Supreme Judicial Court in Commonwealth of Massachusetts v. KalshiEx LLC, reinforcing its position that event contract markets, commonly referred to as prediction markets, fall within the Commission’s exclusive jurisdiction under the Commodity Exchange Act.

K. Braeden Anderson 4/24/26 K. Braeden Anderson 4/24/26

The CFTC’s First Insider Trading Case in Prediction Markets Signals a Structural Shift

In CFTC v. Van Dyke, filed in the Southern District of New York on April 23, 2026, the Commission charged an active-duty U.S. Army service member with insider trading based on the alleged misuse of classified information tied to a planned U.S. operation involving Nicolás Maduro. The defendant is alleged to have generated more than $400,000 in profits through trades on Polymarket event contracts.

K. Braeden Anderson 4/22/26 K. Braeden Anderson 4/22/26

When Delay Becomes the Penalty: What the Lek Securities Appeal Reveals About SEC Review of SRO Sanctions

In the law of securities regulation, procedure often decides substance. That is what makes the Lek Securities matter so important. The case is not only about whether the New York Stock Exchange got the merits right when it sanctioned Lek Securities. It is also about what happens when the Securities and Exchange Commission, which Congress placed between SRO discipline and judicial review, takes the better part of a decade to do its job.

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Braeden Anderson

K. Braeden Anderson serves as a Partner at Gesmer Updegrove LLP, where he leads the firm’s Blockchain & Digital Assets and Securities Enforcement & Investigations practices. He also chairs Mackrell International’s Blockchain & Digital Assets Group and its Securities Enforcement & Investigations Group.

Named to Best Lawyers: Ones to Watch® in America (2025) for Financial Services Regulation Law and Securities Regulation, Mr. Anderson has built a national reputation as a securities regulatory and enforcement attorney operating at the intersection of traditional finance and emerging technologies. His practice focuses on advising financial institutions, fintech companies, investment advisers (including robo-advisors), broker-dealers, trading platforms, and digital asset companies in complex regulatory, enforcement, and compliance matters before the SEC, CFTC, FINRA, DOJ, and state regulators.

Within the digital asset and blockchain space, Mr. Anderson regularly counsels clients on issues involving market structure, tokenization, robo-advisor and broker-dealer registration, custody frameworks, AML and KYC obligations, and secondary trading considerations for regulated assets. His work spans both established financial institutions and early-stage ventures, helping clients operate within rapidly evolving regulatory environments with precision and strategic clarity.

Mr. Anderson also represents professional athletes and sports organizations in connection with regulatory and investigative matters requiring careful handling and discretion.

Prior to joining Gesmer, Mr. Anderson founded a Washington, D.C.-based law firm. He previously served as Assistant General Counsel at Robinhood Markets, Inc. (HOOD), where he advised on significant regulatory and enforcement matters. Earlier in his career, he practiced at Kirkland & Ellis LLP and Sidley Austin LLP in New York and Washington, D.C., representing clients in matters involving major federal enforcement authorities and providing regulatory advice on complex financial matters.

Mr. Anderson is an active contributor to the national conversation on securities and digital asset regulation. He publishes a widely followed weekly newsletter that has reached millions of legal and financial professionals and produces video content on YouTube for an audience of over 160,000 subscribers. He is also the editor of this legal publication, Anderson Insights, where he provides in-depth analysis for regulators, in-house counsel, and compliance professionals.

Mr. Anderson is also the creator of The Long Game with Braeden Anderson, a new digital series on YouTube exploring the intersection of golf, discipline, and high-performance thinking, featuring match-play conversations with legal executives and business leaders.

He was recently recognized as the most-read fintech thought leader in the United States in Mondaq’s Spring 2025 Thought Leadership Awards.