In a flurry of activity and confluence of developments, the SEC, FINRA and a Brooklyn federal judge have commenced actions and made rulings that continue to define the regulatory framework and obligations surrounding the sale and trading of digital securities, whether they are labeled as cryptocurrencies or tokens.
Continue Reading Recent Development in Regulatory Enforcement of Digital Securities
Richard A. Friedman
Richard A. Friedman is a partner in the Corporate Practice Group in the firm's New York office and a member of the Blockchain Technology and Digital Assets team.
SEC Declares Ether Is Not a Security
By James Gatto & Richard A. Friedman on
Posted in SEC, Virtual Currency
The SEC has formally announced that Ether is not a security. The U.S. Securities and Exchange Commission Director of Corporate Finance William Hinman said that the commission would not be…
Continue Reading SEC Declares Ether Is Not a Security
Tokenalysis
By Richard A. Friedman on
Posted in Cryptocurrency
Read the full article here, authored by Richard A. Friedman.
An excerpt:
“I. A few general things to consider – tokenality:
- Is the token being acquired by investors