Reference Materials

Are ICO Tokens Securities? Federal Court Poised To Answer For First Time

A New York man charged by the U.S. government with securities fraud in connection with two Initial Coin Offerings...

SEC Says Many Online Trading Platforms For Cryptocurrencies Should Be Registered

Last week, the Securities and Exchange Commission said that many online trading platforms for digital assets, including coins and...

What Are Conversions Right And Voting Rights?

Conversion Rights Preferred stock in venture financings is almost always convertible into common stock. Conversion is generally available at...

Mar 11 · 40 sec read >

SEC Charges Defunct Bitcoin Trading Platform With Operating Unregistered Securities Exchange

The Securities and Exchange Commission has charged a defunct Bitcoin-denominated platform and its founder with operating an unregistered securities...

Delaware Supreme Court Ruling In Dell Appraisal Case Emphasizes Importance Of Deal Price

The Delaware Supreme Court recently issued a much-anticipated appraisal ruling and reversed a lower court’s decision that found a...

SEC Chair Says Agency On ‘High Alert’ For ICO Violations

The chairman of the Securities and Exchange Commission said in a recent speech agency staff will be on high...

Feb 20 · 1 min read >

California Passes Updates To Automatic Renewal Law

California has enacted new legislation updating its Automatic Renewal Law, imposing further requirements on businesses that offer promotional price...

Feb 16 · 1 min read >

U.S. House Of Reps. Passes M&A Broker Exemption

The U.S. House of Representatives recently passed the “Small Business Mergers, Acquisitions, Sales and Brokerage Simplification Act of 2017,”...

SEC Suspends Studio’s Reg A+ Exemption Over CPA Snafu

One of the first companies to sell securities using Regulation A+ recently had its exemption temporarily suspended by the...

SEC Warns Celebrity ICO Endorsments May Be Breaking The Law

The U.S. Securities and Exchange Commission has said celebrity endorsements of initial coin offerings could be illegal if it...