6 Professors File Amicus Brief For Coinbase In US SEC Case
Tecnologia 6 Professors File Amicus Brief For Coinbase In US SEC Case 3 minutos atrás Notícias do Bitcoin Ethereum Crypto News: Six law professors and scholars who are experts in securities law and related fields have filed amicus brief in support of crypto exchange Coinbase in the lawsuit against the U.S. Securities and Exchange Commission (SEC). The brief was filed after careful application of the securities laws and to help the court understand the history of the securities laws, they said in the filing to the US District Court, Southern District of New York. This comes a day after Senator Cynthia Lummis submitted an amicus brief in favor of the exchange. Leia também: Cofundador da Gemini critica Gary Gensler: “A América merece melhor” The amici are Stephen M. Bainbridge from UCLA, Tamar Frankel from Boston University, Sean J. Griffith from Fordham Law School, Lawrence Hamermesh from Widener University, M. Todd Henderson from University of Chicago Law School, and Jonathan R. Macey from Yale Law School. The law scholars have in the filing established a clear history of the definition of investment contracts. Howey Criteria For Investment Contracts The lawyers argued in the filing that with the Howey test, federal cases recognize that “investment contracts” require an expectation in