Jonathan Pressman

Jonathan Pressman

WilmerHale

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SEC No-Action Letter Opens the Door to Innovation for Securities Clearance and Settlement

On October 28, 2019, Paxos Trust Company, LLC (Paxos) received a time-limited (two-year) No-Action Letter from the Division of Trading and Markets of the U.S. Securities and Exchange Commission (SEC). This No-Action Letter...more

11/1/2019  /  Blockchain , Digital Assets , Distributed Ledger Technology (DLT) , FinTech , Investment Contract , No-Action Letters , Registration Requirement , Securities and Exchange Commission (SEC) , Securities Exchange Act
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