VW Blog Articles by Vela Wood

The purpose of this article is to update and summarize the existing and differing state legislation currently in place regarding student athletes’ name, image, and likeness rights.

There are some specific exclusions from the SEC and Texas state rule for what constitutes an Investment Adviser.

Unless there is an exemption, an Investment Company needs to file with the SEC and make certain disclosures to investors.

Generally, any time you are giving advice you need to register. Attorneys, accountants, psychologists, etc. There is no difference when you are giving advice on securities. 

These professionals need to be on the forefront of addressing this technology and understanding its nuances and what makes it different from standard assets like fiat currency, stocks, and bonds.

It is important to keep in mind that digital assets have different features and nuances that may not mix well with traditional approaches.

This Tuesday, Vela Wood hosted the first of its three-part “Blockchain Breakfast” series. James Johnson joined us to “get weird with blockchain.” James is the co-founder and CMO of Oaken Innovations, a blockchain software company focused on automotive mobility applications.

Earlier this month, the SEC posted guidance and a No-Action letter to Turnkey Jets, giving more insight into the particular way the Howey test is applied to tokens.

Wyoming’s 2019 legislative session just wrapped up, and as of close the state has signed 13 blockchain-friendly laws into effect. These laws are a strong play to attract blockchain businesses and development to the state of Wyoming.

Recently formed companies often issue restricted equity to stakeholders, but once the companies close a funding round or achieve significant revenue, restricted equity is inappropriate. Instead, the company needs an option plan and to issue options. This blog will answer, […]