SEC’s Cryptocurrency Guidelines

The Securities and Exchange Commission recently issued guidelines for cryptocurrency companies that want to sell digital tokens. In part, this is a positive note as regulatory clarity seems to be increasing. However, some feedback claims that the SEC has gone too far....

Change to Time Limit Under NY Securities Law

A ruling on June 12th by New York’s highest court limited to three years the time in which the state attorney general’s office can bring securities fraud claims under the Martin Act (a state law that bans a broad sweep of “fraudulent practices” in the...

DE Annual Reports

Keeping up with state annual report compliance is the obligation of every successful business. As your partner in compliance, we can assist you with this time-intensive and detail-oriented task. For Delaware corporations, annual report and franchise tax payments  are...

SEC Chairman Issues Statement on Cryptocurrencies

On Monday, the U.S. Securities and Exchange Commission (“SEC”) Chairman Jay Clayton issued a statement on cryptocurrencies and initial coin offerings (“ICOs”) or token sales. At the same time, Chairman Clayton announced an enforcement action against Munchee Inc.,...