Is it possible that a security token can later become a utility token? According to a speech today by the SEC’s Director of Corporate Finance William Hinman, the answer is yes. This is big news for the cryptocurrency market. As I blogged about six weeks ago, if the SEC decides that[…]
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https://www.cryptofundingsummit.com/lawsummit Panel: Blockchain and Cryptocurrencies Regulations in US and Abroad Speakers:Scott Andersen | Principal At FinLawyer.Com (Andersen, P.C.)Seth Goettelman | Attorney In Gould & Ratner LLP Nima Maleki | Corporate Counsel At Velton Zegelman Jason Gottlieb | Partner At Morrison Cohen LLP Felix Shipkevich | Attorney And Principal Of Shipkevich PLLC Moderator: Robert Kim | Legal[…]
Speaker, New York Blockchain Summit, May 17-18, 2018, Special Speaker Panel Discussion on SEC and IRS Regulations – What’s next for Blockchain, Tokens & ICOs.
An Associate Professor at Cardozo Law School, Aaron Wright, recently commented on the possibility of a security becoming a non-security token at some future time, and his comments hit the nail on the head on a very important question in the cryptocurrency space: Is it possible for a token that is a security[…]
FINRA’s Office of Hearing Officers has recently again confirmed that, despite the U.S. Supreme Court imposing the five year statute of limitations on SEC disgorgement actions, FINRA enforcement proceedings are not subject to any statute of limitations. While there are equitable arguments available to challenge stale FINRA cases, it is[…]