SEC Division of Corporate Finance

In December 2019, the staff of the Division of Corporation Finance of the Securities and Exchange Commission issued interpretive guidance on (1) confidential treatment applications and (2) intellectual property and technology risks that may occur when companies engage in international operations.

The guidance is available here and here.

On April 3, the Securities and Exchange Commission’s Division of Corporate Finance (the “Division”) responded to TurnKey Jet, Inc.’s (TKJ) letter dated April 2, requesting confirmation that the Division would not recommend enforcement action to the SEC in connection with its offer and sale of tokens without registration under the Securities Act of 1933 and the Securities Exchange Act of 1934. In issuing its response that it would not recommend enforcement action to the SEC, the Division noted that:
Continue Reading SEC Issues TurnKey Jet, Inc. No-Action Letter

On December 6, the Securities and Exchange Commission announced that Keith F. Higgins, director of the Division of Corporation Finance (Division), plans to depart the SEC in early January 2017. Among Mr. Higgins’ many accomplishments, as noted in the SEC’s press release, Mr. Higgins led the SEC’s implementation of significant rulemaking under the Dodd-Frank Wall