What's the Point of Securities Laws? with Mike Selig
Bankless5 Tammi 2023

What's the Point of Securities Laws? with Mike Selig

Yesterday, on the show we had lawyer Brian Frye, who gave us novel takes securities. You can find that episode here: https://youtu.be/jo1ZuhuCVZE

In today's episode, David continues down the securities rabbit hole with special guest Mike Selig. Mike is a crypto lawyer at Willkie Farr & Gallagher, former a regulator at the CFTC and a frequent contributor to Coindesk about the state of crypto regulation.

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Topics Covered:

0:00 Intro
5:35 Mike's Background
6:55 Why Securities
10:20 Investing Contract
13:00 Where's the Line?
20:11 Asset vs. Schemes
24:38 SEC Regulation
29:00 NFTs as Membership
36:48 2023 Regulation
42:51 SEC vs. CFTC
47:25 The Solution to Security Laws
50:40 Centralization
55:10 Current SEC Administration
1:01:30 Decentralization Theatre
1:04:50 Closing & Disclaimers

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Recources:

Mike Selig
https://mobile.twitter.com/mikeseligesq

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures

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