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Cryptoassets & Blockchain Legal News

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United States

SEC grappling with Cryptocurrency Investment questions

December 11, 2017 by Ashley MAO

The U.S. Securities and Exchange Commission (SEC) investment management office director Dalia Blass said that the commission is considering a number of questions with regards to the recently registered funds that plan to hold cryptocurrencies including how to distinguish different types of assets and whether enough information is provided to potential investors.

“We also continue to think about new innovations in asset management. For example, we have seen several filings for registered funds that would hold cryptocurrency, ” she stated, adding that “As with any new product, there are questions to ask.”

Other issues the agency is grappling with include the way the new funds fit into existing regulations and what regulations to apply to those new funds

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Ashley MAO, Coinlaw

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Ashley MAO is a member of the Coinlaw team. Read more about our team.

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