Daily Archives: March 1, 2018, 11:32 pm

A Dozen Obvious (and Not So Obvious) C-Suite Takeaways from the 2018 SEC Cyber-Disclosure Guidance | LinkedIn

To help manage this emerging challenge, this article unpacks the 2018 SEC Guidance into 12 key takeaways from the 2018 SEC Guidance, including a discussion of a particularly relevant SEC enforcement action and parallel criminal prosecution (probably not coincidentally) announced on the same day as the release of the SEC 2018 Guidance. via A Dozen Obvious (and Not So Obvious)…

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Overstock.com drops 10% after revealing SEC investigation

Shares of Overstock.com fell Thursday after the e-commerce retailer that’s announced cryptocurrency operations in the last year disclosed the Securities and Exchange Commission is investigating the firm over digital tokens. In an annual 8-K filing Thursday with the commission, Overstock said that in February the SEC requested “certain documents related to the Offering and the Tokens in connection with its…

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Gatekeepers Beware: SEC Escalates Danger for ICO Counsel | New York Law Journal

Chairman Clayton’s warnings to gatekeepers are not unprecedented—the SEC has issued such warnings before. But those warnings have teeth because of the Commission’s consistent history of following warnings with enforcement actions against attorneys and other gatekeepers. Only time will tell, but attorneys and other gatekeepers would do themselves and their clients well to be familiar with Chairman Clayton’s warnings and…

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White-Collar Criminal Enforcement in the Era of Trump | New York Law Journal

White-collar criminal enforcement will continue to evolve in the year ahead, but some predictions can be made based on year one of the Trump administration. Federal law enforcement officials have enunciated a clear focus on non-white-collar crimes and, with numerous vacancies in the Justice Department, this shifting focus is likely to result in a decrease in white-collar investigations and prosecutions—a…

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