Posts Tagged ‘regulation’
Deregulation: Good for Crypto-Bros & Crypto Hackers
by Daniel Rub Cryptocurrency is undergoing a major regulatory shift. The incoming Trump Administration is changing up the Securities Exchange Commission’s (SEC) approach to crypto regulation.[1] The SEC, under President Biden, brought suit against the crypto platform Coinbase for “running an unregistered exchange, brokerage and clearing agency.”[2] The SEC sued in the U.S. District Court…
Read MoreDecoding the SEC’s New Rules: Understanding the New Definition of a ‘Dealer’ in Securities Law
By: Cassy Sulzer On February 6, 2024, The Securities and Exchange Commission (“SEC”) implemented two new rules in the Securities Exchange Act of 1934 (“the Act”): Rule 3a5-4 and 3a44-2.[1] These rules introduce ambiguity regarding the classification of individuals as “dealers” or as “traders,” crucial for determining registration requirements with both the SEC and self-regulatory…
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