Tag archives: Securities and Exchange Commission

SEC ruling on The DAO signals increased acceptance of blockchain-based securities

By Andrew McCoomb on August 11, 2017 Posted in Securities regulatory decisions

On July 25, 2017, the Securities and Exchange Commission (SEC) issued a statement on the regulatory significance of offers and sales of digital assets carried out using distributed ledger or blockchain technology. That statement followed the SEC’s Report of Investigation into The DAO, an unincorporated organization designed to issue tokens administered on a distributed ledger … Continue reading

Only 61% of issuers address cyber security in their risk factor disclosure. Is your company one of them?

By Danny Urquhart on March 13, 2017 Posted in Legislation, rules and policies, Other developments

Earlier this year, the Canadian Securities Administrators (CSA) released the results of a review of the disclosure of 240 issuers in the S&P/TSX composite index on cyber security issues. The review found that only 61% of issuers addressed cyber security in their risk factor disclosure, 20% of these issuers had identified a person or group … Continue reading