Archive for October 2019
Bresee Foundation Gala 2019: An overview and why you should know about Bresee
I was invited to attend the Bresee Foundation Gala 2019. I had a blast because the host, Kim Cardwell-Harvey, kept the crowd entertained with her fun approach to fundraising. Read more details after the jump: What is Bresee Foundation? It is all about helping the kids. The Bresee Foundation (“Bresee”) started in 1982 in hopes…
Read MoreCrypto Invest Summit 2019 in Los Angeles: Summary and Pictures
Name of Event: Crypto Invest Summit (CIS) 2019 Date of Event: October 15-16, 2019 Location of Event: Los Angeles Convention Center Number of Persons Attending: 200 (on October 16, 2019) Gold Sponsors: etoro, Vertalo, Casperlabs, innovesta, Ownera, Totle Summary On October 16, 2019, I attended two panel discussions at CIS 2019 on a beautiful in…
Read MoreOIG’s General Statement on the SEC’s Management and Performance Challenges
On October 7, 2019, the Office of Inspector General, an internal office of the U.S. Securities and Exchange Commission (SEC), issued a Statement on the SEC’s Management and Performance Challenges (Statement). What type of Regulatory Oversight does the SEC provide? The SEC is charged with overseeing more than 26,000 registered market participants, including investment advisers,…
Read MoreDigital Asset Activities Are Subject to Anti-Money Laundering and Anti-Terrorism Rules
On October 11, 2019, the leaders of the U.S. Commodity Futures Trading Commission (CFTC), the Financial Crimes Enforcement Network (FinCEN), and the U.S. Securities and Exchange Commission (SEC) (the “Agencies”) issued a joint statement to remind persons engaged in activities involving digital assets of their anti-money laundering and countering the financing of terrorism (AML/CFT) obligations…
Read MoreSEC shutdown Telegram’s allegedly illegal ICO that raised over $1.7 Billion of Investor Funds
The U.S. Securities and Exchange Commission’s (SEC) Cyber Unit is actively fulfilling its promise to protect investors against cyber-related misconduct involving distributed ledger technology and ICOs. Earlier today, the SEC issued a press release to announce that it has filed an emergency action and obtained a temporary restraining order against two offshore entities, Telegram Group Inc.…
Read More