See Credit Details Below
Overview
Why You Should Attend
Join our experienced faculty as they explore the unique and cutting-edge legal issues arising out of the growing legal landscape around NFTs and learn how to the rapid evolution of blockchain technology can have a direct impact on your clients’ businesses and the legal issues that you must confront on a regular basis around a constantly shifting legal landscape.
What You Will Learn
After completing this program, participants will be able to:
- Understand how NFTS are used in business transactions, including using NFTs as collateral, perfecting security interests in NFTs, and valuation
- Know financial issues surrounding NFTs including securities laws, money transmission laws and regulations, AML, OFAC prohibited countries and potential risks and strategies around use of digital currencies
- See how federal and state tax laws and regulations apply to NFTS. Are there any business strategies in connection with NFTs that could be advantageous from a tax point of view?
Who Should Attend
This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.
Program Level: Overview
Prerequisites: An interest in the legal issues posed by convergence of technology and legal services.
Advanced Preparation: None.
Intended Audience: This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.
Lecture Topics [Total time 00:03:30]
Segments with an asterisk (*) are available only with the purchase of the entire program.
- Opening Remarks* [00:10:37]
Daniel N. Budofsky - NFTs in Commerce: Sales, Financings, Security Interests and Other Transfers [01:01:27]
Prof. Andrea Tosato, R. Marshall Grodner - Issues in Financial Regulation: The Applicability of the U.S. Securities Laws, Commodity Laws, and Other Financial Regulation to Various Use Cases of NFTs [01:02:34]
Daniel N. Budofsky - NFT Taxation: What Guidance Currently Exists and Using Established Tax Principles to Fill the Voids [01:04:12]
Fotis Konstantinidis, Megan L. Jones, Prof. Jordan Barry
The purchase price of this Web Program includes the following articles from the Course Handbook available online:
- Complete Course Handbook
- Transfers of Interests and Transactions in Digital Assets
R. Grodner - Introducing Article 12 of the Uniform Commercial Code
Andrea Tosato - Memorandum and Order, Dufoe v. DraftKings Inc., No. 23-cv-10524-DJC (D. Mass. 2024)
Daniel Budofsky - Order Granting in Part and Denying in Part Defendants’ Motion to Dismiss Plaintiffs’ Amended Complaint, Harper v. O’Neal, No. 23-21912-CIV-MORENO (S.D. Fla. 2024)
Daniel Budofsky - Department of the Treasury, Illicit Finance Risk Assessment of Non-Fungible Tokens (May 2024)
Daniel Budofsky - U.S. Securities and Exchange Commission, Commissioner Hester M. Peirce and Commissioner Mark T. Uyeda, Statement, NFTs and the SEC: Statement on Impact Theory, LLC (August 28, 2023)
Daniel Budofsky - Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order, In the Matter of Impact Theory, LLC, Securities Act Release No. 11226, Admin. Proc. File No. 3-21585 (August 28, 2023)
Daniel Budofsky - Complaint, Mann v. Securities and Exchange Commission, No. 2:24-cv-01881 (E.D. La. 2024)
Daniel Budofsky - Securities and Exchange Commission v. W. J. Howey Co., 328 U.S. 293, No. 843 (1946)
Daniel Budofsky - U.S. Securities and Exchange Commission, Commissioner Hester M. Peirce and Commissioner Mark T. Uyeda, Statement, Collecting Enforcement Actions: Statement on Stoner Cats 2, LLC (September 13, 2023)
Daniel Budofsky - Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order, In the Matter of Stoner Cats 2, LLC, Securities Act Release No. 11233, Admin. Proc. File No. 3-21655 (September 13, 2023)
Daniel Budofsky - Summary of New Tax Regulations Regarding Digital Asset Transactions
Jordan Barry - NFT Taxation: What Guidance Currently Exists and Using Established Tax Principles to Fill the Voids (Substantive Outline)
Megan Jones - Considerations in NFT Valuation Methodologies
Fotis Konstantinidis
Presentation Material
- NFTs in Commerce: Sales, Financing, Security Interests and Other Transfers
R. Marshall Grodner, Prof. Andrea Tosato - Issues in Financial Regulation: The Applicability of the U.S. Securities Laws, Commodity Law and Other Financial Regulation to NFTs
Daniel N. Budofsky - Discovering NFTs: What Your Company Needs to Know About NFTs in 2024 (PowerPoint slides)
Megan L. Jones - NFTs: New Administrative Guidance on Compliance and Enforcement
Prof. Jordan Barry - Considerations in NFT Valuation Methodologies
Fotis Konstantinidis
Why You Should Attend
Join our experienced faculty as they explore the unique and cutting-edge legal issues arising out of the growing legal landscape around NFTs and learn how to the rapid evolution of blockchain technology can have a direct impact on your clients’ businesses and the legal issues that you must confront on a regular basis around a constantly shifting legal landscape.
What You Will Learn
After completing this program, participants will be able to:
- Understand how NFTS are used in business transactions, including using NFTs as collateral, perfecting security interests in NFTs, and valuation
- Know financial issues surrounding NFTs including securities laws, money transmission laws and regulations, AML, OFAC prohibited countries and potential risks and strategies around use of digital currencies
- See how federal and state tax laws and regulations apply to NFTS. Are there any business strategies in connection with NFTs that could be advantageous from a tax point of view?
Who Should Attend
This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.
Program Level: Overview
Prerequisites: An interest in the legal issues posed by convergence of technology and legal services.
Advanced Preparation: None.
Intended Audience: This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.