FinLaw: 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…
Read MoreSpeaker, Blockchain Law Summit, May 24, 2018, Los Angeles, CA
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 Editor At Bloomberg Law…
Read MoreSpeaker, New York Blockchain Alternative Capital Summit, May 18, 2018, New York, New York
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.
Read MoreFinlaw: Can a security token later change into a non-security utility token?
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 to transform into a non-security…
Read MoreFinLaw: FINRA enforcement proceedings are not subject to any statute of limitations
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 quite a different standard which…
Read MoreFinlaw: 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 MoreSpeaker, U.S. Crowdfunding: Tips to navigate the regulatory framework when starting your own platform, webinar April 5, 2018
See Katipult University on youtube, webinar #2 https://www.youtube.com/watch?v=X2CTLM_--9c
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