Sentences with phrase «federal securities law applies»

US federal securities law applies regardless of whether the «issuing entity» is a regular company or a decentralized autonomous organization.

At that hearing, Clayton declared, «To the extent that digital assets are securities — and I believe every ICO I've seen is a security — we have jurisdiction and our federal securities laws apply.»

The SEC's investigation was concerned not with identifying and charging those involved in the hack, but on whether the U.S. federal securities laws applied to the offer and sale of The DAO tokens.

There has been legitimate confusion in the crypto community until now on whether, when and how the federal securities laws apply to token and SAFT offerings.

«Federal securities laws apply to those who offer and sell securities in the U.S., regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars are virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.»

«Through statements, reports and enforcement actions the SEC has made it clear that federal securities laws apply regardless of whether the offered security — a purposefully broad and flexible term — is labeled a «coin» or «utility token» rather than a stock, bond or investment contract,» Clayton and Giancarlo said.

The SEC statements reads in part: «federal securities laws apply to those who offer and sell securities in the United States, regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars or virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.»

The SEC announcement went on further to state that «the federal securities laws apply to those who offer and sell securities in the United States, regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars or virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.»

The SEC added that federal securities laws apply to those who offer and sell securities in the United States, regardless whether the issuing entity is a traditional company or a decentralized autonomous organization, regardless whether those securities are purchased using U.S. dollars or virtual currencies, and regardless whether they are distributed in certificated form or through distributed ledger technology.

The organization emphasized that federal securities laws apply to all securities in the U.S., whether the issuing entity is a traditional company or a decentralized autonomous organization, and whether the securities are purchased using fiat or digital currencies.

Not exact matches

[6] In the 21 (a) Report, the Commission applied longstanding securities law principles to demonstrate that a particular token constituted an investment contract and therefore was a security under our federal securities laws.

U.S. federal and state securities laws have catch - all provisions regarding secondary liability for aiding and abetting a violation of securities laws, which could apply for facilitating trading through an unregistered exchange.

The SEC finding in July that DAO tokens are a security, and subject to federal securities laws was welcomed by cryptocurrency industry observers as an indication the agency is developing laws to apply to cryptocurrencies.

Regulators have indicated that securities laws generally apply to cryptocurrencies, although each asset has its own set of characteristics that may put it outside the purview of federal oversight.

Federal law related to the collection of debts owed to the government requires ED to request that the U.S. Department of the Treasury withhold money from your federal income tax refunds, Social Security payments (including Social Security disability benefits), and other federal payments to be applied toward repayment of your defaulted federal studenFederal law related to the collection of debts owed to the government requires ED to request that the U.S. Department of the Treasury withhold money from your federal income tax refunds, Social Security payments (including Social Security disability benefits), and other federal payments to be applied toward repayment of your defaulted federal studenfederal income tax refunds, Social Security payments (including Social Security disability benefits), and other federal payments to be applied toward repayment of your defaulted federal studenfederal payments to be applied toward repayment of your defaulted federal studenfederal student loan.

But the creditor must apply these tests fairly, impartially, and without discriminating against you on any of the following grounds: age, gender, marital status, race, color, religion, national origin, because you receive public income such as veterans benefits, welfare or Social Security, or because you exercise your rights under Federal credit laws such as filing a billing error notice with a creditor.

Clarifies current law's «undue hardship» exception to nondischargeability in bankruptcy as it applies to federal student loans by creating a rebuttable presumption that a debtor faces an «undue hardship» if the debtor is receiving disability benefits under the Social Security Act;

Your level of server security is your decision - and be sure to consider state / federal laws which may apply to certain information, like financial data - to make in order to protect the material from others that you have copyright permissions to serve to users.

In applying the Howey Test to The DAO, the SEC report concluded that digital coins or tokens issued by an individual or entity for the purpose of raising funds for projects may be considered securities under federal law, regardless of whether done so using a traditional company or decentralized autonomous organization.

US lawmakers continue to wrestle with how to approach cryptocurrencies, as a federal judge says the likes of bitcoin can be treated as commodities by the CFTC, FinCEN says money transmitter rules apply to ICOs, and Wyoming's state legislature clears a bill exempting some crypto assets from securities laws.

Although these findings applied only to The DAO, the SEC noted that it wanted «to stress that the U.S. federal securities law may apply to various activities, including distributed ledger technology, depending on the particular facts and circumstances, without regard to the form of the organization or technology used to effectuate a particular offer or sale.»

While the SEC's investigation was focused on this one organization and its co-founders, the report clearly states, «U.S. federal securities law may apply to various activities, including distributed ledger technology, depending on the particular facts and circumstances, without regard to the form of the organization or technology used to effectuate a particular [cryptocurrency] offer or sale.»

This week a federal judge ruled that cryptocurrencies can be treated as commodities by the CFTC (Commodity Futures Trading Commission); Wyoming's state legislature cleared a bill exempting some crypto assets from securities laws and FinCEN (the Financial Crimes Enforcement Network) said money transmitter rules apply to ICOs.

«U.S. federal securities law may apply to various activities, including distributed ledger technology, depending on the particular facts and circumstances, without regard to the form of the organization or technology used to effectuate a particular offer or sale,» the agency said at the time.

Review of my credentials will confirm that I am a results - oriented, United States Marine Corp professional with an extensive background of utilizing real - world education and aptitude, with capabilities of applying them to intelligence or security specialties within the Federal criminal law enforcement arena.

The NYC law has many of the same exceptions as most states, including that it does not apply to: positions that involve regular access to the employer's digital security system; positions in which state or federal law requires the employee to have security clearance; and for police officers or peace officers.

Benefits, such as employment protections, immigration, the ability to transfer Social Security benefits to a spouse, and more than a thousand others under federal law, do not apply to legally married or united same - sex partners.