Ethereum Is Not A Security, Says SEC Chairman Jay Clayton

News | March 14, 2019 By:

Jay Clayton, chairman of the US Securities and Exchange Commission (SEC), has agreed to the analysis of SEC Director of Corporation Finance William Hinman that found ethereum and cryptos like it are not securities.

In June 2018, Hinman said at a conference that the SEC does not consider ethereum to be a security because current offers and sales of ether are not securities transactions.


SEC Names S.P. Kothari As Chief Economist and Division of Economic and Risk Analysis Director

Job Appointments | February 27, 2019 By:

The US Securities and Exchange Commission (SEC) has appointed S.P. Kothari as Chief Economist and Director of the agency’s Division of Economic and Risk Analysis (DERA).

Dr. Chyhe Becker, who has served as DERA’s Acting Director while the SEC completed its search, will continue to serve both as Deputy Director and Associate Director of Litigation Economics.


ICOs Are Subject To Strict Regulatory Scrutiny – SEC Chairman Jay Clayton

News, Regulation | November 27, 2018 By:

Jay Clayton, chairmain of the US Securities and Exchange Commission (SEC), has reiterated that many initial coin offerings (ICO) can be categorized as securities.

In an interview with CNBC, Clayton said that while bitcoin remains a commodity, other ICO tokens classify as securities and companies that want to conduct one have to adhere to any relevant legal requirements that the SEC has outlined.


SEC Starts Cryptocurrency Probe – Subpoenas Are Issued

Investing, News, Regulation | February 28, 2018 By:

The US Securities and Exchange Commission has begun issuing what’s described as “scores” of subpoenas to cryptocurrency companies and their advisors.

The Wall Street Journal reports that the subpoenas and information requests, described as “sweeping,” have gone out to various US companies. The action comes after the SEC continually warned companies that many tokens created by initial coin offerings (ICO) were,


Commodity Futures Trading Commission Chair Giancarlo Testifies Before Senate

Investing, News, Regulation | February 7, 2018 By:

The Commodity Futures Trading Commission chairman J. Christopher Giancarlo has published his full remarks before the Senate Banking Committee.

Giancarlo appeared before the Senate committee along with US Securities and Exchange Commission chairman Jay Clayton to update the lawmen on cryptocurrency and initial coin offerings issues facing their regulatory bodies.


SEC Chair Clayton Promises To Ramp Up Enforcement on ICOs and Crypto in Senate Testimony

ICO News, Investing, News, Regulation | February 6, 2018 By:

US Securities and Exchange Commission chairman Jay Clayton called today for regulators to “come together” to concoct a plan on dealing with the digital currency markets.

Clayton testified alongside Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo before the Senate Banking Committee today.