8:00 am - 8:45 am

Registration and Breakfast
Sponsor: Davis Polk & Wardwell LLP

8:45 am - 9:00 am

Welcome remarks by Symposium co-founders Donna Redel, Joyce Lai, and Greg Xethalis.

9:00 am - 9:50 am

The Symposium kicks off with our annual table-setting panel, surveying the developments that defined the last year and previewing what’s on deck for 2027. Expect a rundown of the CLARITY Act’s status, the newly cooperative posture between the SEC and CFTC under their MOU, and what institutionalization looks like as a macro theme, from real-world asset tokenization to stablecoin consortia to blockchain increasingly underpinning traditional finance rather than disrupting it. The panel will also touch on OCC trust charter activity, GENIUS Act implementation, and anticipated digital ID developments, setting up deeper dives on stablecoins and tokenization later in the day.

9:55 AM - 10:45 AM

With the GENIUS Act on the books, the real work shifts to the agencies. This panel digs into the questions Congress left unresolved, secondary market monitoring, and how regulators will sort primary markets into digitally native versus traditional buckets and asks what agency rulemaking looks like in a post-Chevron world. Panelists will unpack the SEC’s postponed open meeting on its crypto rule and the push for full notice and comment, the CFTC’s upcoming meeting, and how the agencies are working to build a coherent framework while market structure legislation remains unfinished.

10:50 AM - 11:40 AM

From federal rulemaking to the private law foundations underneath it. This panel turns to controlled electronic records and the practical fallout of New York’s recent adoption of the UCC Article 12 amendments, exploring how major financial institutions are actually putting the new framework to work, lending against digital assets, structuring client transactions involving controlled electronic records, and building the more complex products the law now makes possible.

11:45 am - 12:25 pm

A conversation with Chairman of the CFTC Michael S. Selig.

12:25 pm- 1:10 pm

Sponsor: Latham & Watkins LLP

ALl day

Sponsor: NXT Law

1:10 PM - 2:00 PM

The litigation map keeps shifting. This panel covers insider trading questions surfacing in prediction markets, an uptick in private litigation, and a broader migration from securities theories toward consumer protection class actions, alongside the congressional investigations expected to follow the midterms. Panelists will also weigh in on how AI is reshaping litigation economics, including AI-drafted complaints and motion-to-dismiss briefing, before closing on the state-versus-federal patchwork problem and where government and private litigants are actually bringing cases as the year unfolds.

2:05 PM - 2:55 PM

This panel takes up open source licensing, including the rise of the Business Source License, the tension surrounding GPL licenses that traditional financial institutions avoid but the developer community embraces, and strategies for forking code to release under multiple licenses. Panelists will address key mistakes companies make when relying on open source and whether the open source model remains viable in an era when AI can exploit code faster than developers can patch it. The discussion also covers developer liability, pushed to the forefront by rogue AI agents and the growing debate over who bears responsibility when autonomous systems cause harm. As cases are brought and decided, these theories will wash onto the blockchain sector, and panelists will assess competing liability frameworks, including foreseeability versus strict liability theories, emerging state legislation, and practical risk mitigation strategies for builders.

3:00 PM - 3:20 PM

A conversation with Chairman of the Brazil Securities & Exchange Commission (CVM) Otto Lobo.

3:25 PM - 4:15 PM

This panel takes stock of tokenization moving from concept to market. Panelists will discuss SEC guidance on tokenized securities, possession and control, and open custody questions, along with the uptick in broker dealer registrations, ATS registrations, and trading in tokenized securities. The conversation will explore how different traditional financial institutions are structuring tokenization technically, and whether those choices translate into different risk profiles or legal structures. Additional topics include stablecoins, including agentic commerce and code based transactions, with tax as a recurring consideration in RWA tokenization structuring.

4:20 PM - 5:10 PM

Vaults have quietly become a core piece of practice over the last five or six years, with clients now holding billions across some protocols. This panel traces that evolution and its ties to AI, from automation to robo-adviser analogies. The conversation broadens to "everything apps" and the questions they raise that remain top of mind at both the SEC and CFTC, returning to the value-capture themes threaded throughout the day.

5:15 PM - 6:05 PM

Prediction markets, perpetual futures, and the rest of the CFTC’s active agenda take center stage in this closing derivatives panel. Panelists will examine how these products fit, or don’t quite fit, within existing derivatives frameworks, where regulatory attention is heading next, and the insider trading questions these newer products are beginning to raise.

6:05 pm - 6:10 pm

Closing remarks from Symposium co-founders Donna Redel, Joyce Lai, and Greg Xethalis.

6:10 pm - 7:00 pm

Sponsor: Cahill Gordon & Reindel LLP