Finlaw: Time to revisit the JOBS Act for Blockchain and Crypto Currency offerings
The SEC has made it clear that cryptocurrency and token offerings need to comply with the the federal securities laws. Time to revisit the JOBS Act for Blockchain and Crypto Currency ICOs. A good place to start is a presentation I participated on for OTC Markets where we discussed Reg A+.
Read MoreFINLAW: Steps to Navigate FINRA for a Title III Crowdfunding Platform Approval
See recent blog post appearing at https://www.katipult.com/education-center/news/tips-to-registering-your-securities-crowdfunding-portal *** Crowdfunding Portals continue to disrupt traditional ways of raising capital by leveraging the historic reforms under the JumpStart Our Business Startups (JOBS) Act, financial technology and growing demand by self-directed and nonaccredited investors who seek to invest in potentially innovative ventures. With 38 funding portals registered with the
Read MoreSpeaker, Blockchain ICO Capital Summit, Miami, Florida February 26-28, 2018
http://www.alternativebtcsummit.com Speaker, SPECIAL DEBATE PANEL I: SEC & IRS REGULATIONS – WHAT’S NEXT FOR BLOCKCHAIN COINS & ICO’S
Read MoreFinLaw: Pitfalls for Funding Platforms Continuing to Raise Capital over the Internet under Rule 506(b)
See article on Crowdfundinsider at https://www.crowdfundinsider.com/2017/10/123423-pitfalls-funding-platforms-continuing-raise-capital-internet-rule-506b/ — Even with the flexibility provided to Regulation D private placement offerings by Title II of the JumpStart Our Business Startups (JOBS) Act, U.S. Securities and Exchange Commission (SEC) data has consistently shown that most Regulation D offerings continue to raise capital under traditional Rule 506(b). Rule 506(b), unlike its
Read MoreFINLAW: ICOs and a Soon Arriving Flood of SEC Enforcement Investigations
See article at http://www.banklesstimes.com/2017/10/14/icos-and-a-soon-arriving-flood-of-sec-enforcement-investigations/ The Securities and Exchange Commission late last month filed charges against the person and entities responsible for two related initial coin offerings (ICOs) that defrauded investors. See SEC v. ReCoinGroup Foundation, LLC, et al, at https://www.sec.gov/litigation/complaints/2017/comp-pr2017-185.pdf In the ReCoin case, a typical securities offering fraud became far more notable because the vehicle
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