SEC

 Breaking News
  • No posts were found

SEC Obtains TRO Against Organizer of “Fraudulent” ICO

On August 13, 2019, the U.S. Securities and Exchange Commission announced on fraud charges against a Brooklyn individual and two entities under his control who allegedly engaged in a fraudulent

Read Full Article
ICO, SEC, Temporary Restraining Order (TRO), US

SEC and FINRA Issue Joint Statement on Broker-Dealer Custody of Digital Asset Securities

On July 8, 2019, the staffs of the U.S. Securities and Exchange Commission’s Division of Trading and Markets and the Financial Industry Regulatory Authority (“FINRA”)  issued a joint statement articulating

Read Full Article
Cryptoassets, FINRA, SEC, SIPA, US

SEC Issues its First Cryptocurrency No-Action Letter

In a first, on April 3, 2019, the US Securities and Exchange Commission issued its first cryptocurrency No-Action Letter.  The Letter was issued to TurnKey Jet Inc. (“TKJ”), a jet-leasing

Read Full Article
Cryptocurrency, No-Action Letter, SEC, US

Foreign Trading Platform and Its CEO to Pay $990,000 for Illegal Bitcoin-Related Transactions with U.S. Customers

On March 11, 2019, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had entered into a Consent Order resolving a CFTC action against 1pool Ltd., located in the

Read Full Article
AML, CFTC, FCM, SEC, US

U.S. SEC Encourages Self-Reporting in ICO Registration Violation Case

On February 20, 2019 the U.S. Securities and Exchange Commission (“SEC”) reached a settlement with Gladius Network LLC for conducting

Read Full Article
Enforcement, ICO, SEC, US

SEC’s Supposed Setback on Token Issue Now Reversed

In November 2018, a U.S. District Court declined to accept the SEC’s argument that an ICO token was a “security.” 

Read Full Article
ICO, SEC, US

A Series Of 1st-Time Crypto Actions For The SEC

On December 17 we published an article in Law360 describing the SEC’s busy November in which it secured three “firsts”

Read Full Article
Enforcement, ICO, SEC, US

SEC’S First Cases for Improperly Touting ICOs are Brought Against Celebrities DJ Khaled and Floyd Mayweather

The U.S. SEC has shown it seriousness in cracking down on noncompliant ICOs by pursuing enforcement in a number of

Read Full Article
ICO, SEC, Touting, US

U.S. District Court Declines to Accept SEC’s Argument that Token is a “Security” Until It Can Resolve Disputed Questions of Fact

On November 27, 2018, the U.S. District Court for the Southern District of California issued a decision that is already being

Read Full Article
ICO, SEC, Security Token, US

SEC’s First Cases Imposing Civil Penalties Solely for ICO Securities Offering Registration Violations

On Friday, November 16, the U.S. Securities and Exchange Commission announced that it had settled charges against two companies that

Read Full Article
ICO, SEC, US
1 2 3 5

Categories

Location