OUR LEGAL COMPLIANCE
U.S. Securities and Exchange Commission
CryptoSecurities Exchange itself has filed the Regulation D Notice of Exempt Offering with the United States Securities and Exchange Commission for possible sale of Limited Partnership interests. The General Partnership interests involving substantial participation in managerial and executive decision-making remains exempt from SEC jurisdiction.
Financial Crimes Enforcement Network
Internal Revenue Service
Delaware State Law
CryptoSecurities Exchange is registered with the state of Delaware as a Member-Managed Limited Liability Company. Under Delaware state law, partnership interests are presumed to not be securities. Under federal jurisprudence covering the Third Circuit, which includes Delaware, a general partnership interest is presumed to not be a security. However, under federal jurisprudence veering the Second Circuit, which includes New York, whether an interest is a general partnership interest or a limited p[partnership interest is determined not by its classification in the LLC Operating Agreement and under state law but rather by applying a “substance over form” approach. Given the United States Supreme Court’s aggressive interpretation of securities laws in favor of the U.S. Securities and Exchange Commission, although CryptoSecurities Exchange is covered by the Third Circuit, we have structured our operations to comply with the Second Circuit’s interpretation.
As such, General Partnership interests in CryptoSecurities Exchange remains outside the jurisdiction of the U.S. Securities and Exchange Commission and Limited Partnership interests in CryptoSecurities Exchange are registered with the SEC as exempt offerings under Regulation D.
Lobbying Compliance and the Federal Elections Commission
CryptoSecurities Exchange is currently working toward the establishment of a 501(c)(4) non-profit organization to educate the public on blockchain technology and distributed systems. In addition, CryptoSecurities Exchange is forming a SuperPAC and has engaged the services of a registered lobbying firm in Washington DC to lobby Congress to pass a federal CryptoSecurities law to fully upgrade our financial markets to the digital age.
Are you interested in being a part of the movement to liberate the markets and build a self-regulating exchange immune to political influence and market manipulation?