When you acquire restricted securities or hold control securities, you must find an exemption from the SEC’s registration requirements to sell them in a public marketplace.  Rule 144 allows public resale of (1) unregistered securities, which are securities directly from an issuer, referred to as “restricted” securities; and (2) unrestricted securities held by an affiliate of…

The Securities and Exchange Commission released a statement on Tuesday saying that five federal agencies jointly developed Section 619 of the Dodd-Frank Wall Street Reform Act (commonly known as the “Volcker Rule” Khan Academy has a pretty good background of origins of basic securities regulation). DealBook gives an interesting summary of each of the regulating…

DealBook reports that Coinbase, a startup that aims to help bitcoin and other virtual currencies gain acceptance, raised $25 million in financing. DealBook reports that “A steady stream of Silicon Valley investors has been building stakes in virtual currency start-ups. Last month, a Chinese Bitcoin exchange raised $5 million from Lightspeed Venture Partners. Google’s venture capital…