Nullify and refund existing securities enforcement actions and settlements

BlockchainDevelopmentCompany / USA-TokenTaxonomyAct

Token Taxonomy Act in Markdown form to collaborate on modifying US Federal Laws for a holistic approach to distributed ledger assets

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Nullify and refund existing securities enforcement actions and settlements #5

Open 1blockologist opened 5 years ago

1blockologist commented 5 years ago

With this law, some tokens and exchanges would be operating outside of any legal guidance except in a customized contract with the SEC due to the nature of their settlement

This should change with the observation that consumer-investor protection is not achievable with the current framework and shouldn't be where public resources are applied.