Tagged: sec

April 29, 2025 @ 1:14 pm By JD Alois  |  

  The Securities and Exchange Commission, Department of Economic Risk Analysis (DERA), has posted a report reviewing exempt offerings under Reg D, Reg A, and Reg CF. According to DERA, 2024 was a down year across the board as investment activity drooped. The three exemptions… Read More

April 27, 2025 @ 9:37 pm By Michael Wong  |  

Nasdaq is calling on U.S. regulators to establish clearer rules for digital assets by defining them into four distinct categories, a move the exchange operator said would help determine the proper oversight responsibilities between federal agencies. In a 23-page letter sent to the Securities and… Read More

April 25, 2025 @ 4:17 am By Omar Faridi  |  

The Securities and Exchange Commission (SEC) charged Ramil Palafox with allegedly orchestrating a fraudulent scheme that raised approximately $198 million from investors worldwide and misappropriating over $57 million of investor funds. According to the SEC’s complaint, Palafox’s company, known as PGI Global, claimed to be “a crypto asset… Read More

April 22, 2025 @ 9:36 am By Omar Faridi  |  

On April 21, 2025, Paul Atkins was officially sworn in as the 34th Chairman of the U.S. Securities and Exchange Commission (SEC), marking a pivotal moment for the agency and the cryptocurrency industry. Appointed by President Donald Trump and confirmed by a 52-44 Senate vote… Read More

April 21, 2025 @ 2:21 pm By Nick Morgan  |  

Investor Choice Advocates Network (ICAN) co-founder Nicolas Morgan and board member Dara Albright recently spoke with newly appointed ICAN Senior Legal Director and Policy Counsel Mark Hiraide, who shared insights on securities regulation reform, the JOBS Act, and potential legislation that could expand capital access… Read More

April 21, 2025 @ 10:08 am By Omar Faridi  |  

Coinbase has (NASDAQ:COIN) has shared some comments after Oregon’s Attorney General, Dan Rayfield, filed a securities enforcement action against the company. This lawsuit basically revives arguments previously dismissed by the U.S. Securities and Exchange Commission (SEC), marking a contentious return to what Coinbase describes as… Read More

April 17, 2025 @ 11:40 am By JD Alois  |  

Regulation A or Reg A+ will be the topic of discussion for the SEC’s next Small Business Capital Formation Advisory Committee (SBCFAC) meeting which will take place on May 6th. The announcement of the topic shares that the Committee will review how firms are using… Read More

April 17, 2025 @ 9:07 am By JD Alois  |  

The SEC’s Crypto Task Force meets next week, and the mission of this gathering is to discuss crypto custody. Commissioner Hester Peirce, who leads the Task Force, said the move to integrate crypto asset custody within the regulatory structure is one of the most challenging… Read More

April 16, 2025 @ 7:56 am By Omar Faridi  |  

The U.S. Securities and Exchange Commission (SEC) has approved the Green Impact Exchange (GIX), marking a key milestone for sustainable investing. Set to launch in early 2026, GIX will reportedly be the first U.S. national securities exchange dedicated to the $35 trillion global green economy…. Read More

April 13, 2025 @ 1:39 pm By Michael Wong  |  

The US Securities and Exchange Commission’s (SEC) Crypto Task Force convened its second roundtable in Washington, D.C., spotlighting the challenges and opportunities surrounding crypto trading in the United States. Acting Chairman Mark T. Uyeda, addressing an audience of regulators, industry representatives, and legal experts, drew… Read More

April 10, 2025 @ 6:37 pm By JD Alois  |  

The Securities and Exchange Commission, Division of Corporation Finance, has issued a statement on digital assets as it seeks to provide greater clarity to crypto markets. During the previous Commission, led by the Democrats, the SEC sought to undermine the digital asset offering. While telling… Read More

April 10, 2025 @ 5:07 pm By JD Alois  |  

Andreessen Horowitz wants an updated version of Regulation Crowdfunding, or Reg CF, to be used to fund Non-Fungible Token (NFT) offerings. The venture group defines NFTs as “crypto assets whose value, utility, or significance is primarily derived from being a record of ownership or rights with respect to… Read More

April 9, 2025 @ 9:57 pm By JD Alois  |  

Paul Atkins has been confirmed as the next Chairman of the Securities and Exchange Commission. The Senate voted to approve his nomination along party lines, 52 for and 44 against, with 4 members not voting. Current Commissioners, Mark Uyeda, Hester Peirce, and Caroline Crenshaw, joined… Read More

April 9, 2025 @ 9:32 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. announced that the U.S. Securities and Exchange Commission (SEC) has declared effective the Registration Statement on Form S-4 relating to the company’s previously announced reorganization and domestication from the Cayman Islands to Delaware and proposed “listing on the Nasdaq Global Select… Read More

April 9, 2025 @ 12:21 pm By JD Alois  |  

The Investor Choice Advocates Network (ICAN) is criticizing FINRA for an unnecessary delay in dealing with an application filed with the Securities and Exchange Commission. FINRA is a non-governmental regulator which has broad oversight over the securities industry. ICAN states that client Entrex Carbon Market,… Read More

April 7, 2025 @ 11:41 am By JD Alois  |  

The Securities and Exchange Commission’s Crypto Task Force, created by interim SEC Chairman Mark Uyeda, has revealed its agenda for its next Crypto Roundtable. Led by SEC Commissioner Hester Peirce, the Task Force aims to work with industry participants and other insiders to chart a… Read More

April 7, 2025 @ 8:44 am By JD Alois  |  

Last week, the Securities and Exchange Commission (SEC) issued a statement on stablecoins declaring they are not securities and thus not regulated by the agency. The SEC, Division of Corporate Finance, said that as long as the stablecoin is tied to the dollar and does… Read More

April 4, 2025 @ 4:43 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Corporate Finance (CorpFin), has issued a statement on stablecoins. During the last administration, the SEC’s position was that pretty much all crypto was deemed to be securities. Bitcoin was an exception, and perhaps Ethereum. Things have changed… Read More

April 4, 2025 @ 12:54 pm By JD Alois  |  

The definition of an Accredited Investor will probably change this year. Currently, an Accredited Investor is someone who earns over $200,000 a year ($300,000 if married) or holds over $1 million in assets, not counting a primary residence. While certain adjustments have been made to… Read More

April 2, 2025 @ 4:04 pm By Omar Faridi  |  

The U.S. Securities and Exchange Commission (SEC) and Gemini Trust Co., the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss, have jointly requested a 60-day pause in their ongoing legal battle to explore a potential resolution. The motion, filed on April 1, 2025,… Read More