Honestly, if the SEC wants to, with how vague the act is, its fairly easy to put anything under it. https://t.co/TbHKqO3zLD— Adam Cochran (adamscochran.eth) (@adamscochran) February 13, 2023 The digital asset investor then explained that the SEC isn’t restricted to the Howey Test...
请在下面的文本框内输入文字,然后点击开始翻译按钮进行翻译,如果您看不到结果,请重新翻译! The shares and warrants offered in the private placement and the shares issuable upon the exercise of the warrants have not been registered under the Securities Act of 1933, as amended, or state securities law...
The Complaint asserts violations of Sections 11, 12(a)(2), and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10(b)(5) promulgated thereunder, against Zynga, certain of its officers and directors, and those who served ...
Such offerings are made only to persons who are "accredited investors" as defined in Rule 501(a) under the Securities Act of 1933, as amended. Investors should make their own independent evaluation and analysis, consult financial, tax, investment consultants, etc., and decide whether to invest...
If that condition is met, a subsidiary can suspend its reporting obligation relying on section 15(d)(1) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), if, on the first day of any fiscal year other than the fiscal year in which the Securities Act of ...
In a 6-3 opinion, the justices explained that the Seventh Amendment guarantees “the right of trial by jury” in suits for common law. As applied to statutory claims like those asserted by the SEC, a right to a jury trial exists so long as the claim is not based in “equity or admir...
Judge in the District of New Jersey, held that a class action plaintiff adequately alleged that a particular cryptocurrency was a “security” subject to the registration requirements of the Securities Act of 1933 and, by extension, the regulatory strictures of the Securities Exchange Act of 1934....
Act,i.e., compliance with the obligation not to make false or misleading statements in a proxy statement. The court explained that Lee could enforce substantive compliance through direct claims that are outside the ambit of the forum selection clause.See Lee, 70 F.4th at 1139;see also id....
A gating issue, such as whether an ICO involves a “security” – subjecting it to SEC regulation – is not a simple one.And taking the wrong path carries with it serious consequences – starting with a free investor “put” under the Securities Act of 1933 if security ICOs are sold to...
000 of ill-gotten gains as a result of his fraudulent scheme. The complaint charges Brander with violating the antifraud provisions of Section 17(a)(1) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5(a) and (c) thereunder, and ...