Securities,
Government,
Corporate,
Administrative/Regulatory
Feb. 16, 2018
If it looks like a security, and smells like a security...
Recent remarks by SEC Chair Jay Clayton suggest the commission is taking a common-sense approach to its role in regulating virtual currencies.
An exciting, fresh organization promising a revolutionary trading algorithm using tech buzzwords and a professional white paper. A flashy website touting the benefits of investing to get ahead of a once-in-a-lifetime new product. Thousands of willing investors raising millions in only a few months, only for the website to go dark, the company to stop responding to investor inquiries, and all of the money vanished into thin air and the anonymity of the internet.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In