Insights

Forbes: Token Alliance Launches To Promote Best Practices For ICOs

Forbes reporter Laura Shin writes:

Monday, the Chamber of Digital Commerce, a trade association for the digital asset and blockchain industry, launches the Token Alliance, which aims to educate, promote and shape the world of crypto assets and token sales.

Its co-chairs have backgrounds that will be of great interest to token issuers: Dr. Jim Newsome, the former Chairman of the Commodity Futures Trading Commission, and Paul Atkins, a former Securities and Exchange Commissioner.

WSJ: Ex-SEC Official Picked to Monitor Deutsche Bank’s Derivatives Overhaul

Wall Street Journal reporter Telis Demos writes:

A former Securities and Exchange Commission (SEC) official has been appointed to monitor an overhaul of Deutsche Bank AG's systems for reporting trades in its giant derivatives book. 

Paul Atkins was named to the role by a federal judge on Thursday, following a request by the Commodity Futures Trading Commission. Last year, that agency fined Deutsche Bank $2.5 million for failing to make timely and accurate reports of derivatives trades known as swaps. 

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By: Patomak Global Partners

Former SEC Commissioner Dan Gallagher Joins Patomak Global Partners as President

Washington, D.C. - Patomak Global Parnters, a leading consulting firm to international and domestic corporations and financial services firms that provides strategic risk management and regulatory compliance services, corporate governance advice, and enforcement and litigation support, announced that today former U.S. Securities and Exchange Commissioner Dan Gallagher has joined the firm as President.