FinLaw: Helicopter Regulators and the Right to Choose Your Own Investments
Compliments to Hester Pierce, who is asking the right questions and stated the following at a recent speech: “It puzzles me that it is so difficult for those of us who regulate the securities markets to understand this concept; after all, capital markets are all about taking risk, and queasiness around risk-taking is particularly inapt.
Read MoreFinLaw: Broker-Dealer and Investment Adviser inadequate cyber security procedure and control cases will be SEC and FINRA priority for many years to come
A new SEC enforcement case a against dully registered broker-dealer and investment adviser for deficient cyber security procedures under Reg S-P and Reg S-ID resulting in sanctions and a $1 million civil money penalty. Expect to see many, many more, and similar FINRA cases coming soon. https://www.sec.gov/litigation/admin/2018/34-84288.pdf
Read MoreSpeaker, City Blockchain Summit, June 20, 2018, Los Angeles, CA
https://livestream.com/MediaShares/City-Blockchain-Los-Angeles/videos/176583751 Speaker on panel at conference held at UCLA. SEC & IRS REGULATIONS “WHAT’S NEXT FOR BLOCKCHAIN TOKENS & ICO’S” Moderator: ANDREW DIX, Founder CROWDFUNDINSIDER Panel: SCOTT ANDERSEN, ESQ.| MICHAEL HOMEIER, ESQ. / MORVAREED SALEHPOUR, ESQ./ CHARLES KAUFMAN, ESQ. | GEOFFREY ASHBURNE, ESQ. 11:15 AM – 12:15 PM
Read MoreSpeaker, The Full Stack Capital Raise – Technology, Regulation & Opportunity, webinar June 19, 2018
https://info.investormanagementservices.com/june-2018-webinar-ims-venture-co Speaker at Investor Management Services (IMS) webinar focusing on technology in capital raising, the issuer exemption, and Section 15 broker-dealer registration requirements. Other Panelists included Ron Sossi – VP of Business Development at IMS, Greg Brown – Head of Real Estate at Venture.co, and Graeme Humphreys – Chief Financial Officer at Lafayette RE LLC.
Read MoreFINLAW: CAN A SECURITY TOKEN LATER CHANGE INTO A NON-SECURITY? (PART II)
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 a security token can later
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