While sophisticated participants in private markets have historically been seen as capable of bargaining for information or withstanding losses better than mom-and-pop investors, current events signal that the U.S. Securities...more
5/9/2023
/ Best Practices ,
Corporate Governance ,
Data Protection ,
Disclosure Requirements ,
Early Stage Companies ,
Enforcement ,
Entrepreneurs ,
Investment ,
Investors ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Startups ,
White Collar Crimes
The end of the year has been a very busy time for the SEC in the digital asset space. From speeches to the issuance of joint statements to enforcement actions, there are many things to highlight, discuss and consider. This...more
12/21/2018
/ Blockchain ,
Broker-Dealer ,
Cryptocurrency ,
Digital Assets ,
Distributed Ledger Technology (DLT) ,
Enforcement Actions ,
Howey ,
Initial Coin Offering (ICOs) ,
Investment Company Act of 1940 ,
Investor Protection ,
Investors ,
Popular ,
Registration Requirement ,
Section 5 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Token Sales
During a speech in San Francisco last week at the Yahoo Finance All Markets Summit, William Hinman, Director of the Division of Corporation Finance of the Securities and Exchange Commission (SEC), provided some welcome...more
6/25/2018
/ Bitcoin ,
Certificate of Deposit ,
Cryptocurrency ,
Digital Assets ,
Ether ,
Howey ,
Initial Coin Offering (ICOs) ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
Investment Contract ,
Investors ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Token Sales
On Friday, December 1, 2017, the SEC filed an emergency action in federal district court in Brooklyn alleging that Dominic Lacroix and Sabrina Paradis-Roger, both from Quebec, Canada, raised approximately $15 million in a...more
12/4/2017
/ Asset Freeze ,
Canada ,
Cryptocurrency ,
Enforcement Actions ,
Initial Coin Offering (ICOs) ,
Investors ,
Notice of Emergency Action ,
Real Estate Investments ,
Scams ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Unfair or Deceptive Trade Practices ,
Unregistered Securities
On June 30, 2017, the SEC and the U.S. Attorney brought parallel civil and criminal fraud charges against Renwick Haddow, the owner of an unregistered broker-dealer entity named InCrowd Equity Inc., and two corporate entities...more
7/14/2017
/ Asset Freeze ,
Bitcoin ,
Broker-Dealer ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Enforcement Actions ,
False Statements ,
Financial Crimes ,
HSBC ,
Investment Fraud ,
Investors ,
Popular ,
Scams ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
U.S. Attorney ,
Unfair or Deceptive Trade Practices ,
Unregistered Brokers