Todd R. Kornfeld, of counsel in the Financial Services Practice Group of Pepper Hamilton, was quoted in the April 8, 2019 ACA Insight article, "Digital Assets: SEC Provides Framework for Determining When They May Be Securities."
Not everyone sees the new framework as all positive, however. "On the one hand, we now have some clarity with respect to the SEC’s thinking with respect to which digital assets are securities," said Pepper Hamilton of counsel Todd Kornfeld. "On the other hand, the SEC’s thinking appears to consider a very broad group of digital assets to constitute securities."
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