Joint Statement by SEC and CFTC Enforcement Directors Regarding Virtual Currency Enforcement Actions

Proshare

Friday, January 19, 2018 03:15PM / SEC News  

SEC Co-Enforcement Directors Stephanie Avakian and Steven Peikin and CFTC Enforcement Director James McDonald
 

"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.
 

The Divisions of Enforcement for the SEC and CFTC will continue to address violations and bring actions to stop and prevent fraud in the offer and sale of digital instruments."
 

Proshare Nigeria Pvt. Ltd.

Related News 

  1. ADX Signs Memorandum To Support Adoption Of Distributed Ledger Technology
  2. Mandatory National Identity Number Usage - Legal Alert
  3. Mexico Releases First Draft of Financial Technology Institutions Law
  4. FCC Approves New Tech for ''Ultra-High Def'' TV
  5. CSCS increases automation, efficiencies with TCS BaNCS, apost trade service solution
  6. Nigeria Immigration Service Bans Cash Payment at Passport Offices
  7. NSE Launches a State-Of-The Art Data Centre
READ MORE:
Related News
SCROLL TO TOP