Regulatory Intelligence Commentary: SEC Expands Broker-Dealer Registration Requirement: The Rule, The Consequences, The Legal Questions
News & Insights
On August 2, 2023, representatives from Fried Frank, DLx Law and Morrison Cohen hosted a complimentary webinar to address the legal impact of the recent Ripple decision and its impact for the digital asset industry (see related news). The webinar is now available to view on demand.
Are tomatoes a fruit or a vegetable? The current debate over digital assets appears to limit the discussion to such a question. Are digital assets fruits or vegetables (securities or commodities)? Are they money (stablecoins) or something else, like art (NFTs)? Are these the right questions? Perhaps the inquiry should not be over the categorization of digital assets, but how best to regulate them.
Join us at @StarCompliance’s Synergy ’22 Conference in Washington D.C. October 23-25, 2022 for keynote: The SEC’s Rule Proposal Hurricane: Inside The Eye Of The Storm delivered by Steven Lofchie.
Our attorneys argue that the SEC should revisit the application of the securities regulations to the sale of utility tokens on blockchain networks.