Sentences with phrase «of federal securities»

Regulation «ICOs represent the most pervasive, open and notorious violation of federal securities laws since the Code of Hammurabi,» an outraged former commissioner of the Securities and Exchange Commission (SEC) told the New York Times in a

By and large, the structures of initial coin offerings that I have seen promoted involve the offer and sale of securities and directly implicate the securities registration requirements and other investor protection provisions of our federal securities laws.»

Overstock has disclosed that US regulators are probing the $ 250 million tZero initial coin offering (ICO) for potential violations of federal securities laws.

Regulators previously «recommended enforcement actions against those that conduct initial coin offerings in violation of the federal securities laws,» according to the SEC.

Today, the Securities and Exchange Commission (SEC) announced in an official report that civil actions were being brought against two companies for violating anti-fraud and registration provisions of federal securities laws.

The SEC's complaint was filed in federal court in the Southern District of New York and officially charges Sharma and Farkas with violating the anti-fraud and registration provisions of the federal securities laws.

The U.S. Securities and Exchange Commision (SEC) recently issued an investigative report cautioning market participants that the offer and sale of digital tokens by «virtual» organizations may be subject to the requirements of federal securities laws, also noting that potential classifications of tokens as a securities will be assessed on a case - by - case basis and will relate to the facts and circumstances, including the economic realities of the transaction.

As such, these specific ICOs must operate under the rule of federal securities laws or risk invoking the SEC's wrath.

Last month, the U.S. Securities and Exchange Commission stated that the offering and sale of digital tokens may be «subject to the requirements of the federal securities law.»

«By and large, the structures of initial coin offerings that I have seen promoted involve the offer and sale of securities and directly implicate the securities registration requirements and other investor - protection provisions of our federal securities laws,» he said.

Ultimately, Clayton demurred when asked how the SEC would enforce its regulations, saying that there are both public and private solutions for violations of federal securities laws.

«When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws,» it said.

The SEC teamed up with CFTC to issue a joint statement on Friday, saying: «When market participants engage in fraud under the guise of offering digital instruments — whether characterized as virtual currencies, coins, tokens, or the like — the SEC and the CFTC will look beyond form, examine the substance of the activity and prosecute violations of the federal securities and commodities laws.»

Nevertheless, as noted by the SEC in the Report, the issuance of tokens represents a new paradigm and the application of the federal securities laws to this new paradigm is very fact specific.

The Florida based company that claimed to be «creating a world connected to cryptocurrency» through their products has been charged with violating the anti-fraud and registration provisions of federal securities laws.

Earlier this week, the Supreme Court agreed to hear an important securities case addressing the scope of federal securities law claims based solely on omissions of material information.

In his current position, he will steer the CSTO as it leads all aspects of the transition to a national securities regulator, including the development of the federal Securities Act, collaborating with provinces and territories, and developing and implementing an organizational and administrative transition plan.

«In today's ever evolving regulatory landscape, Sam's extensive experience at the SEC and his deep knowledge of federal securities law will be a valuable asset to our clients,» said Tim Mungovan, Chair of Proskauer's Litigation Department.

Her practice concentrates in matters related to the enforcement of the federal securities laws.

Her practice at Davis Polk concentrates on matters related to the enforcement of the federal securities laws and includes regularly advising clients on corporate governance matters.

How Insight Predict's Unique Capabilities Cut Review by Two Thirds In a major shareholder class action alleging violations of federal securities laws, the defendant's legal team was under a tight deadline... >>

How Insight Predict's Unique Capabilities Cut Review by Two Thirds In a major shareholder class action alleging violations of federal securities laws, the defendant's legal team was under a tight deadline to review a collection of mixed English and Spanish documents.

Prior to joining Proskauer, Josh was senior counsel in the US Securities and Exchange Commission's division of enforcement, where he investigated and prosecuted violations of the federal securities laws.

Without the unanimous support of the provinces, the creation of a federal securities regulator and the introduction of federal securities legislation will add another layer of rules and bureaucracy.

U.S. participants in unregistered offerings may be held liable for violations of the federal securities laws.

Thus, whether the exchanges complied with their own rules is sufficiently significant to the development of a uniform body of federal securities regulation to satisfy the requirement of importance to the federal system as a whole, according to the court.

«Shared Solar: Current Landscape, Market Potential, and the Impact of Federal Securities Regulation.»

(Note: This press release contains forward - looking statements within the meaning of federal securities regulations.

To do this, however, the fund needs to set up an infrastructure, hire management and advisory staff, and comply with a huge list of federal securities regulations.

Loans may be structured such that they are not securities under securities law, and in the event of fraud or misrepresentation by a borrower, lenders may not have the protection of the anti-fraud provisions of the federal securities laws.

The complaints allege that between 1999 and 2001 a number of stock option grants were backdated, and that as a result the defendants breached their fiduciary duties to Ditech Networks and violated provisions of federal securities laws and California statutory and common law.

Christopher St. Lawrence has pleaded not guilty to charges of federal securities fraud, wire fraud, and conspiracy charges

He and Aaron Troodler, former executive director of the Ramapo Local Development Corporation, are facing charges of federal securities fraud, wire fraud and conspiracy in connection to the Pomona ball park.

This press release contains forward looking statements within the meaning of federal securities laws.

Note on forward - looking statements: This press release contains «forward - looking statements» within the meaning of federal securities laws, including the information concerning possible or assumed future results of operations, business strategies, financing plans, potential growth opportunities, potential operating performance improvements, benefits resulting from the separation of Marriott International and Marriott Vacations Worldwide, and similar statements concerning anticipated future events and expectations that are not historical facts.

In the first complaint, the SEC charged Falcone, Harbinger and Peter Jenson, a former Managing Director and Chief Operating Officer of Harbinger, with violations of the federal securities laws in relation to the misappropriation of client assets (through the making of a $ 113.2 million loan from a fund managed by Harbinger to Falcone to pay his personal taxes) and the granting of undisclosed preferential redemption rights to certain investors.

Note on forward - looking statements: This press release contains «forward - looking statements» within the meaning of federal securities laws, including the timing of and benefits resulting from the separation of Marriott International and Marriott Vacations Worldwide, and similar statements concerning anticipated future events and expectations that are not historical facts.

These statements are made as of May 3, 2012 and we undertake no obligation to publicly update or revise any forward - looking statement, whether as a result of new information, future events, or otherwise.: This press release and accompanying schedules contain «forward - looking statements» within the meaning of federal securities laws, including statements about earnings trends, estimates, and assumptions, and similar statements concerning anticipated future events and expectations that are not historical facts.

This is consistent with prior messaging given that Chairman Clayton requested on December 11 that the SEC's Enforcement Division «vigorously» enforce and recommend action against ICOs that may be in violation of the federal securities laws.

A failure to disclose this information is a violation of the anti-touting provisions of the federal securities laws.

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.

At various times after the date of this prospectus, the remaining shares will become available for resale in the public market, in compliance with the requirements of the federal securities laws and in accordance with lock - up agreements that certain of the holders of these shares have with the underwriters.

«A review of these documents conducted by my staff has identified 11 separate FCIC referrals of individuals or corporations to DOJ in cases where the FCIC found «serious indications of violations [s]» of federal securities or other laws.

Note on forward - looking statements: This press release and accompanying schedules contain «forward - looking statements» within the meaning of federal securities laws, including statements about earnings trends, organizational and separation related efforts, estimates, and assumptions, and similar statements concerning anticipated future events and expectations that are not historical facts.

Note on forward - looking statements: This press release and accompanying schedules contain «forward - looking statements» within the meaning of federal securities laws, including statements about earnings trends, estimates, and assumptions, and similar statements concerning anticipated future events and expectations that are not historical facts.

I have asked the SEC's Division of Enforcement to continue to police this area vigorously and recommend enforcement actions against those that conduct initial coin offerings in violation of the federal securities laws.

The SEC said it's looking into potential violations of federal securities laws related to Iconix's financial reporting.

Plaintiff seeks to recover compensable damages caused by Defendants» violations of the federal securities laws and to pursue remedies under Sections 10 (b) and 20 (a) of the Securities Exchange Act of 1934 (the «Exchange Act») and Rule 10b - 5 promulgated thereunder.

They allege «violations of the federal securities laws in connection with statements regarding our cybersecurity systems and controls» and are seeking «unspecified monetary damages, costs and attorneys» fees.»

The SEC said it's looking into potential violations of the federal securities laws related to Iconix's financial reporting.