FINLAW: No action letter issued by SEC as to when a digital asset is not a security, April 3, 2019
The SEC today issued no action relief to Turnkey Jet, Inc. (Turnkey) providing for the first time an analysis of when a digital asset is not a security. Unsurprising, the SEC relied on the opinion of legal counsel that set forth factual representations alleviating the concern that the digital asset issuance was for the purpose
Read MoreSpeaker, Oppenheimer Blockchain Institutional Summit, February 20, 2019, Lotte NY Palace Hotel, New York City
Participated on the compliance for digital securities panel at the Oppenheimer Blockchain Summit at the Lotte NY Palace Hotel in NYC. This may very well be the first institutional blockchain conference. Patrick Byrne of tZero gave the keynote. The afternoon panel with Carlos Domingo, Trevor Koverko, Josh Stein, Andrew Keys and Tom Shaughnessy was excellent.
Read MoreFINLAW: Online Funding Platforms Will Encounter More Regulatory Scrutiny in 2019
See my article appearing in Crowdfundinsider.com at https://www.crowdfundinsider.com/2019/01/143962-caution-online-funding-platforms-will-encounter-more-regulatory-scrutiny-in-2019/ On January 22, 2019, the Financial Industry Regulatory Authority (FINRA) released its examination priorities for 2019. At the top of the list was online funding platform compliance with the securities laws. With an uptick in the offer and sale of securities offerings online with Rule 506(c) of Regulation
Read MoreFinLaw: Scott Andersen of finlawyer.com Named One of the Top 5 Litigation Attorneys in EB5 Space, January 16, 2018
Scott Andersen of finlawyer.com Named Top 5 Litigation Attorney in the EB-5 Space, January 16, 2018 by EB5 Investors Magazine.
Read MoreSpeaker, 51 percent Crypto Research Podcast, November 20, 2018
The legality of ICOs Etherdelta, Paragon and Airfox enforcement actions The legality of security tokens and exchanges Will all ICOs have to return investor money How the SEC is positioning in the space The BAKKT Delay ETF timing and impact Much, much more. Listen to podcast at the link below. https://fiftyonepercent.podbean.com/e/scott-andersen-a-former-prosecutors-take-on-the-legality-of-crypto-icos-returning-funds-and-sec-enforcement-actions/
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