U.S. Securities and Exchange Commission chair nominee Gary Gensler is expected to outline guidelines for funds wanting to make direct investments in cryptocurrency. In BoardIQ, litigation & enforcement partner Jeremiah Williams discusses what that guidance might look like, and what questions directors should ask to mitigate risks and ensure best practice. “This is such a fast-moving, fluid situation that I think independent directors need to be very conscious about it. They need to be looking at the mechanics, at how things are done, asking smart questions, looking at what best practices are,” he says.
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