Sentences with phrase «fall under federal securities laws»
The SEC ruled tokens offered and sold by The DAO are classified as securities, and therefore fall under federal securities laws.
https://www.cryptoninjas.net/ Not exact matches
It was only in the fall of 2013, that the federal securities laws in the US were amended under Title II of the Jobs Act to allow advertising when selling to accredited investors (often referred to as Title II equity crowdfunding or Rule 506 (c) equity crowdfunding).
In December, he issued a statement explaining why he believes certain ICOs should fall under the jurisdiction of federal securities law and, as such, be filed beforehand.
Each state has its own intrastate offering regulations, and exemptions for crowdfunding proposals must generally fall under this exemption or they are preempted by federal securities laws.
Even more, many platforms for swapping digital currencies for cash or other cryptocurrencies fall under the «exchange» umbrella as defined by federal securities laws.