3min chapter

Crypto Critics' Corner cover image

Trying to Think like the SEC (Feat. John Reed Stark)

Crypto Critics' Corner

CHAPTER

The Department of Labor's Guidance for Cryptocurrency Regulation

The department of labor has this tiny little carve out for four o one k. It's a very inetint carve. When i worked at the s c, i trained the investigators at the department of labor who were investigating complaints regarding four o one case. So they come out with this guidance that essentially says, if you're recommending crypto, your per se meaning you're presumptively violating your feduciary duty by doing so. The last ransome ware arrests took 25 different federal agencies to do.

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