![]() ![]() ![]() In the past, the SEC and CFTC have made non-binding statements that Bitcoin BTC and Ethereum ETH are not securities, but are commodities subject to CFTC regulation and oversight for instances of fraud or manipulation in spot markets, and for commodity pools, futures contracts, and other derivatives. Consequently, how any pension plan could ever justify investing in cryptocurrencies that are likely to be deemed unregistered securities or exchanges is beyond the pale. Although the SEC has recently been accused of “selective enforcement” of the regulations against unpopular digital asset issuers and exchanges, the more likely explanation, says Santos, is that the SEC simply lacks the resources to prosecute all the schemes they’d like to target. The SEC is so aggressive about prosecuting unregistered digital asset securities that they have dedicated an entire webpage to listing Crypto Assets and Cyber Enforcement Actions that can deter even the most diligent blockchain entrepreneur. For example, the SEC’s position under both the Trump and Biden administrations is that nearly every cryptocurrency ever released is an unregistered public offering of securities. In reality, several federal agencies have issued an abundance of regulations that grant these agencies increasing latitude to bring civil enforcement actions and criminal charges resulting in a legal framework overtly hostile to the industry, she says. Real-time communication – keep in touch with your colleagues even outside the boardroom.Attend any meetup, conference or gathering for cryptocurrency, blockchain, fintech, NFTs or the metaverse and you’re sure to hear grumbling about the lack of regulatory guidance coined as regulatory uncertainty, Santos observed.What is the best way to use Diligent for?ĭiligent boards are a leading provider that provides improved performance in virtually every aspect of the boarding process. Excellent organization and data structuring features that enable efficient corporate record management and better corporate governance.All changes and updates can be easily tracked which allows for thorough preparation for the meeting Optimized meeting process – Administrators can easily set up and manage an agenda that will be available for all users to view on the digital board.It uses data encryption, a sophisticated login system, and the best security protocols Security -Diligent boards are guaranteed to provide the best methods of protection against tampering and data leakage.Numerous reviews and customer testimonials claim the program has an excellent privacy policy. ![]() Customer support can be reached via live chat or phone
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |