Monthly Archives: October 2021

N.Y. Attorney General Alleges Unregistered Dealers Selling Crypto Securities and Commodities

Posted by admin & filed under Anti-Money Laundering, Broker-Dealers, Commodities, Cryptocurrencies, Securities.

In a letter to five trading platforms, N.Y. Attoney General Letitia James notified them that certain crypto-assets are securities under the N.Y. law – the Martin Act – that requires sellers of securities within or from the state to register with the state. They are securities because they “promise a rate of return to investors,… Read more »