Shearman And Sterling

Bitcoin, cryptocurrency

May 12, 2022

SEC’s Proposed Amendments to Definition of ‘Exchange’: A Potential Game-Changing Impact on Crypto Companies

Subscribe

Jump to...

 

SEC’S PROPOSED AMENDMENTS TO DEFINITION OF ‘EXCHANGE’: A POTENTIAL GAME-CHANGING IMPACT ON CRYPTO COMPANIES

Partners Donna Parisi and Jennifer Morton co-authored an article for Reuters on the SEC’s proposed amendments to expand the definition of ‘exchange’ under the U.S. Securities Exchange Act of 1934, to include “communication protocol systems,” among other amendments, which could capture certain digital asset platforms, secondary trading platforms, and financial technology providers that do not function as exchanges, as currently defined, within the SEC’s jurisdiction.

Read “SEC’s Proposed Amendments to Definition of ‘Exchange’: A Potential Game-Changing Impact on Crypto Companies.”

Authors and Contributors

Donna Parisi

Partner

Derivatives & Structured Products

+1 212 848 7367

+1 212 848 7367

New York

Jennifer D. Morton

Partner

Financial Institutions Advisory & Financial Regulatory

+1 212 848 5187

+1 212 848 5187

New York