Initial Coin Offerings Under Scrutiny By SEC and Securities Plaintiffs’ Bar

Bitcoin, Blockchain and the Law | January 3, 2018 By:

These days it seems that everybody is considering getting into the distributed ledger technology business, causing the United States Securities and Exchange Commission (“SEC”) and the securities plaintiffs’ bar to take notice. Over the past several years, the SEC has made certain public remarks about this new technology,

 Read more  »

SEC Names William Duhnke, Four Others To Accounting Oversight Board

Job Appointments | December 26, 2017 By:

The Securities and Exchange Commission has appointed William D. Duhnke III as Chairman and J. Robert Brown, Kathleen M. Hamm, James G. Kaiser, and Duane M. DesParte as Board members of the Public Company Accounting Oversight Board (PCAOB).

The Sarbanes-Oxley Act of 2002 established the PCAOB to oversee the audits of public companies and broker-dealers in order to protect the interests of investors and further the public interest in the preparation of informative,

 Read more  »

FINRA Warns Investors About Cryptocurrency Stock Scams

Announcements, Crime, News | December 22, 2017 By:

The Financial Industry Regulatory Authority (FINRA) has warned investors about cryptocurrency-related stock scams.

FINRA is the single largest independent regulatory body for securities firms operating in the United States. FINRA resulted from the merger of the New York Stock Exchange’s regulatory committee and the National Association of Securities Dealers.

 Read more  »

SEC Registration Important To Pocketinns ICO: “We Couldn’t Let Legal Distractions Take Our Focus Away”

Blockchain, ICO News, Innovation, Investing, News, Regulation | December 13, 2017 By:

Sarva Mada is the founder of Pocketinns, an online marketplace ecosystem built around a decentralized blockchain model offering vacation rental services. The company is gearing up for an ICO in January, but is one of the few doing so after registering the company as a security with the US Securities and Exchange Commission.

 Read more  »

Bitcoin and ICOs Risky: Commodity Futures Trading Commission Chairman

Announcements, News, Regulation | December 13, 2017 By:

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has warned investors about the risks connected with volatile digital assets.

In a statement, Giancarlo said market participants should take note that the relatively nascent underlying cash markets and exchanges for bitcoin remain largely unregulated markets over which the CFTC has limited statutory authority.

 Read more  »