Sentences with phrase «issued unregistered»

Longfin's chief executive allegedly issued unregistered shares to nominees which were then sold to the public.

In addition, the Company issued unregistered warrants to purchase a total of 2,660,000 shares of Common Stock at an exercise price of $ 2.00 per share.

Since January 1, 2006, we have issued unregistered securities to a limited number of persons, as described below.

In addition, the Company will issue unregistered warrants to purchase a total of 2,660,000 shares of Common Stock at a fixed exercise price of $ 2.00 per share.

According to an emergency order signed on Jan. 24, the Texas State Securities Board (TSSB) is taking aim at a Hong Kong - based firm dubbed R2B Coin, which the agency alleges is issuing unregistered securities to Texas residents with false and misleading information.

The Texas order, though coming from a state - level authority, highlights another instance where regulators in the U.S. are scrutinizing cryptocurrency projects that may be seen as issuing unregistered securities through the token offering process.

The Texas - based firm AriseBank, together with its co-founders Jared Rice Sr. and Stanley Ford, is being charged by the U.S. financial watchdog for alleged fraud and issuing unregistered securities during its recent initial coin offering (ICO), according to the latest court filing.

As reported before, the U.S. Securities and Exchange Commission has also issued multiple warnings regarding its increasing effort in monitoring initial coin offerings that the agency may deem as issuing unregistered securities.

In its latest filing, signed Feb. 2, the Texas State Securities Board (TSSB) alleges DavorCoin has been issuing unregistered securities with fraudulent and misleading information to lure investors.

Co-founders Jared Rice Sr. and Stanley Ford are being charged with alleged fraud and issuing unregistered securities during its ICO.

Not exact matches

«Given the significant consequences of acting as an unregistered broker - dealer and the increased attention being given to this issue by the SEC staff, private - fund advisers should consider reviewing their practices to determine whether any activities that may be approaching or crossing the line would require broker - dealer registration,» David Blass, the chief counsel of the SEC's division of trading and markets, suggested in a speech last April.

Since July 1, 2010, we issued the following unregistered securities (after giving effect to a two - for - one stock split effected in May 2011):

The Japanese Financial Supervisory authority (FSA) has issued a warning about the unregistered status of the exchange, which led the company to the transfer.

In the U.S., the Securities Exchange Commission (SEC) has issued an analysis deeming The DAO tokens to be securities, announced the creation of a Cyber Unit that will investigate ICO and blockchain - related misconduct, and charged two ICOs with selling unregistered securities and defrauding investors.

The class action case (see below), filed with the Southern District Court of Florida on Jan. 24, alleges that BitConnect issued cryptocurrency tokens that were effectively unregistered securities -LSB-...]

This could be a larger issue in New York City's election this year since some candidates are unaware fines can be imposed for accepting contributions or in - kind donations from unregistered committees, said the author of the 2013 report, Alex Camarda.

Mendy Mirocznik, who unsuccessfully ran for the Democratic seat in the 2013 race, was fined $ 2,178 by the finance board for getting $ 520 from the unregistered Life Party PAC and other issues with his funds, the Staten Island Advance reported.

The attorney general acknowledged that the ability of consulting firms to act as unregulated and unregistered lobbyists is an issue.

Labour's shadow Education Secretary, Lucy Powell, said: «It is hard to fathom why arrangements for closing down unregistered schools remain inadequate and swift action on this issue has not been taken.

Powell commented: «Ministers have a basic responsibility to ensure that children are kept safe, and yet despite warning after warning, they have dragged their feet on this very serious issue, leaving children in unregistered schools where they could be in harm's way.

It calls on the council to formalise the work it has been doing around the issues of unregistered settings by publishing its strategy.

Lucy Powell, Labour's shadow education secretary, commenting on the investigations, said: «Ministers have a basic responsibility to ensure that children are kept safe, and yet despite warning after warning, they have dragged their feet on this very serious issue, leaving children in unregistered schools where they could be in harm's way.

The Comision Nacional del Mercado de Valores (CNMV), Spain's financial authority, issued on Tuesday warning notices against unregistered forex brokers that operate the websites www.oexgroup.com and www.mt4invest.com/es-ES and...

Rule 144a is an SEC rule issued in 1990 that modified a two - year holding period requirement on privately placed securities by allowing qualified institutional buyers to buy and trade unregistered securities among themselves.

You are not authorized to give any information or make any representations concerning Franklin Templeton Funds, or shares of any such Funds, except those contained in the Fund's then - current prospectus or legal disclosure document (e.g., for unregistered Funds), or materials issued by us as information supplemental to such prospectus or legal disclosure document.

Recently the American Kennel Club has started to issue Therapy Dog titles to purebreds and mixed breeds that: are certified / registered by an AKC recognized therapy dog organization; perform a minimum of 50 visits; are registered (for purebred dogs) or listed (Purebred Alternative Listing program for unregistered purebred dogs or AKC Canine Partners Program for mixed breeds).

Charges were dismissed by the Ontario Court of Justice in R v. Lowman against two individuals who, in connection with their creation of a website, were alleged to have engaged in unregistered trading, issuing securities without filing a prospectus and making a prohibited representation that securities would be listed on an exchange with the intention of effecting a trade in breach of the Ontario Securities Act.

The Nationwide Group Retirement Series includes unregistered group fixed and variable annuities issued by Nationwide Life Insurance Company.

Earlier this month, reports emerged that the SEC had issued as many as 80 subpoenas to ICO operators and advisers, seeking to investigate whether they had violated federal laws by holding unregistered securities offerings.

The following list sets forth information regarding all unregistered securities issued by us since January 1, 2014 through the date of the prospectus that is a part of this registration statement:

On December 11, 2017, the SEC issued a Cease - and - Desist Order (the «Order») against Munchee Inc. («Munchee») finding that the California - based company's initial coin offering of its tokens (the «Munchee Tokens») to raise capital for its blockchain - based food review service constituted an unlawful unregistered offering and sale of securities.

In the latest regulatory backlash against ICOs, the SEC has decided that, effectively, anyone who sells tokens is an unregistered money transfer business and anyone issuing an ICO is a money transmitter that is subject to the Bank Secrecy Act.

It was, however, going to issue a public warning about the risks of fraud when dealing with unregistered securities.

In early March, the New Jersey Bureau of Securities issued a cease and desist order against Bitcoiin for fraudulently and improperly offering unregistered securities in violation of state securities regulations.

The U.K.'s financial regulator has issued a warning to investors over an unregistered brokerage firm that appears to be offering cryptocurrency - related derivatives in the country.

The conducted investigations have resulted in some unregistered exchanges being issued orders to cease operations.

It is alleged that the BitConnect platform had been issuing digital tokens that were seen to be unregistered securities and they had also received funds in other ways which made it into a «wide - ranging Ponzi scheme.»

The SEC had no issue deeming it an unregistered security.

The regulatory authority when issuing the shutdown noticed said the blockchain company was attempting to sell unregistered security tokens to the public.

SEC decided that anyone selling tokens is an unregistered money transfer business and anyone issuing an ICO is a money transmitter subject to the Bank Secrecy Act.

Japan's Financial Service Agency (FSA) will issue a warning to an unregistered initial coin offering (ICO) agency, which has been conducting business in Japan without a license, Nikkei reported.

The U.S. Security and Exchange Commission (SEC) issued a statement that Maksim Zaslavskiy the founder committed fraud by selling unregistered securities backed by nonexistent assets.

SEC Halts Fraudulent Scheme Involving Unregistered ICO is the unambiguous title of an SEC press release issued 2 April 2018.

In mid-February, New Jersey's securities regulator issued an emergency cease and desist order against cryptocurrency investments firm Bitstrade for fraudulently offering unregistered securities to customers.

As CCN reported, the ICO has already found itself in legal trouble, as regulators in several US states have issued it cease - and - desist orders for holding an unregistered securities offering and possibly conducting a pyramid scheme.

Japan's Financial Services Agency (FSA) has issued its first warning under the country's revised payment services law — which recognizes bitcoin as a legal method of payment — to Macau - based Blockchain Laboratory, an unregistered firm reportedly pursuing investors in the country.

The U.K.'s financial regulator has issued a warning to investors over an unregistered brokerage firm that appears to be offering cryptocurrency - related derivatives in...

Cease & desist orders, issued by regulators in Texas and North Carolina accuse BitConnect of engaging in the illegal sale of unregistered securities.

The Philippines Securities and Exchange Commission (SEC) has issued a warning over a cryptocurrency investment platform that it alleges is offering unregistered securities.

The class action complaint states that BitConnect issued cryptocurrency tokens that were actually unregistered securities and collected additional funds via a «wide - ranging Ponzi scheme.»