随着数字资产、金融科技与跨境资本活动持续发展，企业在进入美国市场、开展证券融资、设立投资基金或布局数字资产业务时，需要面对联邦证券法、州证券监管、金融机构合规及公司治理等多层次法律要求。市场对于熟悉美国监管体系、资本市场规则与金融业务实践的专业法律服务需求不断提升。
面对企业全球化经营中日益复杂的美国法律与合规需求，曼昆持续完善国际化专业团队建设，不断提升在美国证券监管、资本市场、投资基金及金融科技等领域的服务能力。近日，Jephte Lanthia 律师正式加入曼昆美国办公室，未来将重点围绕美国证券监管、资本募集、私募基金、投资管理、金融科技及数字资产等方向开展法律服务，为进入美国市场的科技企业、金融机构、基金管理人与创新项目提供专业、务实的法律支持。
律师介绍
Jephte Lanthia
高级律师顾问｜曼昆美国办公室
Jephte Lanthia 律师是美国纽约州执业律师，拥有宾夕法尼亚州立大学迪金森法学院法律博士学位，现为美国华盛顿特区精品律所 Basswood Counsel PLLC 的联合创始人及合伙人。其长期从事证券法、公司法及金融监管相关法律业务，在资本募集、私募基金设立、投资管理监管、金融科技与数字资产等领域拥有丰富经验。
Jephte 律师曾任美国证券交易委员会（SEC）小企业资本形成倡导办公室特别顾问。在任期间，其参与分析 SEC 投资管理部、公司融资部及交易与市场部等部门的拟议规则，并评估相关规则及国会法案对企业融资、私募基金、基金管理人和投资者进入公开及非公开市场的潜在影响。
除监管机构工作经历外，Jephte 律师还曾为金融机构、基金管理人、投资顾问、经纪自营商()及金融科技企业提供法律服务，并曾借调至纽约人寿保险公司旗下投资管理机构处理私募基金投资、共同投资、二级交易及相关合规事项。其亦曾作为联合律师参与美国联邦存款保险公司（FDIC()）相关基金的架构、治理、发行条款及联邦证券法问题。
●专业核心优势
01 前美国 SEC 特别顾问经历
Jephte 律师曾在美国证券交易委员会任职，参与证券监管规则、资本形成政策及相关立法的分析工作，对美国证券监管机构的政策逻辑、规则制定过程及市场影响具有深入理解。
02 美国证券发行与资本募集经验
长期为企业、基金及相关机构提供美国证券发行与融资法律服务，熟悉 Regulation A、Regulation D()、Regulation Crowdfunding、多州蓝天法合规、私募备忘录以及 SEC 意见函回复等事项。
03 私募基金与投资管理能力
具备私募股权基金、风险投资基金、对冲基金及影响力投资基金设立与运营经验，能够就基金架构、投资顾问合规、Form ADV()、基金治理、有限合伙人谈判、共同投资及二级交易等事项提供支持。
04 金融科技与数字资产监管经验
长期关注数字货币平台、稳定币、代币、ICO、NFT 及相关创新业务，能够围绕美国联邦证券监管、州级监管、FinCEN 注册、资金传输及经纪自营商合规等问题开展分析。
●代表业务方向
业务一｜美国证券发行与资本募集
围绕企业及基金在美国市场的公开或非公开融资需求，提供证券发行路径分析、发行文件起草与审查、监管豁免判断、多州蓝天法()合规以及 SEC 意见函回复等法律支持。
业务二｜私募基金设立与投资管理
协助基金管理人设计主从基金、平行基金等境内外投资架构，并就基金设立、投资顾问监管、信息披露、利益冲突、费用分配、有限合伙协议及附函谈判等事项提供法律服务。
业务三｜经纪自营商与投资顾问合规
围绕经纪自营商、配售代理、投资顾问及相关市场参与者，提供注册与持续合规、FINRA 规则、Regulation Best Interest、Form ADV、信息披露及利益冲突管理等方面的法律支持。
业务四｜金融科技与数字资产合规
针对数字货币平台、稳定币、代币及其他数字资产业务，协助企业判断证券属性、梳理业务与资金路径，并就 SEC、FinCEN、州级资金传输许可及相关监管要求提供合规分析。
持续提升美国市场法律服务能力
Jephte Lanthia 律师的加入，将进一步增强曼昆在美国证券监管、资本市场、私募基金及数字资产等领域的专业服务能力，完善曼昆覆盖中国内地、中国香港、美国及其他主要司法辖区的全球法律服务与监管研究体系。
未来，曼昆将继续依托国际化团队优势，坚持以商业实践为导向、以全球监管研究为支撑，为科技企业、金融机构、基金管理人及创新项目提供更加专业、高效且具有国际视野的法律与合规服务，助力企业稳健进入美国市场并推进全球化发展。
加入我们
曼昆始终坚持专业化、国际化的发展方向，持续汇聚数字经济、金融科技、资本市场及跨境法律领域的优秀人才。
如果你关注数字资产、人工智能、跨境金融、证券监管及企业全球化等新兴法律方向，希望参与具有国际影响力的法律项目，欢迎加入曼昆，与我们共同探索数字经济时代法律服务的新边界。
简历投递：yangli@mankunlaw.com
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English Version
Mankun Update | Former SEC Special Counsel Jephte Lanthia Joins Mankun's U.S. Office
As digital assets, financial technology, and cross-border capital activities continue to develop, companies entering the U.S. market, raising capital, establishing investment funds, or developing digital asset businesses must navigate an increasingly complex regulatory environment. This environment encompasses federal and state securities laws, investment management regulation, financial compliance requirements, and corporate governance obligations.
Against this backdrop, demand continues to grow for legal advisers who understand both the U.S. regulatory framework and the commercial realities of capital markets and financial innovation.
To better support clients operating across jurisdictions, Mankun continues to strengthen its international legal team and expand its capabilities in U.S. securities regulation, capital markets, investment funds, financial technology, and digital assets.
We are pleased to announce that Jephte Lanthia has joined Mankun's U.S. Office. He will focus on U.S. securities regulation, capital raising, private funds, investment management, FinTech, and digital asset matters, providing practical legal support to technology companies, financial institutions, fund managers, and innovative projects entering or operating in the U.S. market.
●Attorney Profile
Jephte Lanthia is a New York-admitted attorney with extensive experience in securities regulation, corporate law, investment management, and financial services regulation. He earned his Juris Doctor from Penn State Dickinson Law and is the Co-Founder and Partner of Basswood Counsel PLLC, a boutique law firm based in Washington, D.C.
His practice focuses on capital raising, private fund formation, investment adviser regulation, financial technology, digital assets, and corporate governance.
Jephte previously served as Special Counsel in the Office of the Advocate for Small Business Capital Formation at the U.S. Securities and Exchange Commission. During his tenure at the SEC, he analyzed proposed rules issued by the Divisions of Investment Management, Corporation Finance, and Trading and Markets, as well as legislative proposals affecting capital formation, private funds, investment advisers, and investor access to public and private markets.
In private practice, Jephte has advised financial institutions, fund managers, investment advisers, broker-dealers, and FinTech companies on a broad range of regulatory and transactional matters. He has also supported private fund investments, co-investments, secondary transactions, fund governance, and related compliance matters while seconded to an investment management affiliate of New York Life Insurance Company.
His experience further includes advising on the structuring, governance, offering terms, and federal securities law considerations of investment vehicles associated with the Federal Deposit Insurance Corporation.
●Core Professional Strengths
01 Former SEC Special Counsel
Jephte's experience at the U.S. Securities and Exchange Commission gives him a strong understanding of the policy objectives, regulatory reasoning, and market implications underlying U.S. securities rules.
His familiarity with the rulemaking process enables him to assess regulatory developments from both an institutional and commercial perspective.
02 U.S. Securities Offerings and Capital Formation
Jephte has substantial experience advising companies, funds, and financial institutions on securities offerings and capital-raising activities in the United States.
His experience includes matters involving Regulation A, Regulation D, Regulation Crowdfunding, state blue-sky laws, private placement memoranda, offering documentation, and responses to SEC comments.
03 Private Funds and Investment Management
Jephte advises private equity funds, venture capital funds, hedge funds, and impact investment funds on their formation, operation, and regulatory obligations.
His work covers fund structuring, investment adviser compliance, Form ADV filings, fund governance, limited partner negotiations, co-investments, secondary transactions, conflicts of interest, and fee and expense allocation.
04 FinTech and Digital Asset Regulation
Jephte has extensive experience analyzing the U.S. regulatory treatment of digital currency platforms, stablecoins, tokens, initial coin offerings, non-fungible tokens, and other financial innovations.
He is able to assess matters involving federal securities laws, broker-dealer regulation, FinCEN requirements, money transmission regulation, and relevant state-level licensing obligations.
●Representative Practice Areas
Practice Area 1 | U.S. Securities Offerings and Capital Raising
Jephte advises companies and investment funds on public and private capital-raising activities in the United States. His services include evaluating available offering exemptions, preparing and reviewing offering documents, addressing state blue-sky law requirements, and responding to regulatory inquiries and SEC comments.
Practice Area 2 | Private Fund Formation and Investment Management
Jephte assists fund managers with the design and establishment of domestic and cross-border investment structures, including master-feeder and parallel fund arrangements. He also advises on fund formation, investment adviser regulation, disclosure obligations, conflicts of interest, fee arrangements, limited partnership agreements, side letters, co-investments, and ongoing compliance.
Practice Area 3 | Broker-Dealer and Investment Adviser Compliance
Jephte advises broker-dealers, placement agents, investment advisers, and other market participants on registration and ongoing regulatory obligations. His experience includes FINRA rules, Regulation Best Interest, Form ADV, disclosure requirements, conflicts management, and internal compliance controls.
Practice Area 4 | FinTech and Digital Asset Compliance
Jephte advises digital currency platforms, stablecoin businesses, token projects, and other digital asset companies on the application of U.S. financial regulation to their business models. His work includes assessing the potential securities classification of digital assets, reviewing operational and fund-flow structures, and analyzing requirements administered by the SEC, FinCEN, and state money transmission regulators.
●Strengthening Mankun's U.S. Legal Capabilities
Jephte Lanthia's addition will further strengthen Mankun's capabilities in U.S. securities regulation, capital markets, private funds, investment management, and digital assets. His experience further enhances the firm's ability to advise clients on complex cross-border legal and regulatory matters across multiple jurisdictions.
Mankun will continue to draw on the strengths of its international team, combining commercial understanding with in-depth regulatory research to provide technology companies, financial institutions, fund managers, and innovative projects with professional, efficient, and internationally oriented legal and compliance services.
Through these capabilities, Mankun aims to support clients in entering the U.S. market, managing cross-border regulatory risks, and pursuing sustainable global growth.
●Join Us
Mankun remains committed to professional specialization and international development and continues to welcome outstanding legal professionals with experience or interest in the digital economy, financial technology, capital markets, and cross-border legal services.
Professionals interested in digital assets, artificial intelligence, cross-border finance, securities regulation, and global business operations are invited to join Mankun and explore the evolving boundaries of legal services in the digital economy.
CV submissions: yangli@mankunlaw.com
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