Expert Take
While we would be remiss not to laud the SEC’s statement as a step in the right direction, the shortcomings are inescapable.
Ethan Silver
Ethan Silver chairs Lowenstein Sandler’s fintech practice. His practice focuses on advising cryptocurrency, blockchain and digital asset businesses navigating federal and state regulatory frameworks. He also counsels cryptocurrency trading platforms, exchanges, custodians and related businesses with respect to federal securities laws and works with technology-focused broker-dealers and robo-advisors on formation, structuring and regulatory matters.
A ‘token’ gift: The US SEC giveth and taketh away