Last week, FinCEN issued two administrative rulings clarifying that certain Bitcoin participants do not constitute money service businesses (MSBs) under the BSA. The rulings furthered the guidance issued by FinCEN last March, which excluded from the definition of MSB users that obtain convertible virtual currency and use such convertible virtual currency to purchase real or virtual goods or services. In the Guidance, FinCEN established Users are not MSBs because they are not engaged in money transmission services.
KMBZ’s Entrepreneur KC Radio recently featured the Kennyhertz Perry’s emphasis on serving entrepreneurs as they endeavor to establish and grow their businesses. As an attorney who serves the start-up community,
Kennyhertz Perry partners John Kennyhertz and Braden Perry spoke as Bitcoin experts during a program hosted by Thinking Bigger Business Media’s Smart Companies Thinking Bigger Radio. Show host Kelly Scanlon featured
Kennyhertz Perry’s John Kennyhertz and Braden Perry were recently featured as guests on NBC affiliate KSHB 41 Action News for being among the first businesses in the metropolitan area to
Braden Perry has been selected to serve as an expert on councils within the Gerson Lehrman Group – a global research firm that creates networks of leading experts to advise
Braden Perry was quoted as an authority on Bitcoin in a Minyanville article. The article, titled “What Bitcoin Arbitrage Can Teach Us About the Crypto-Currency,” analyzed the Bitcoin market. In the article,
The Kansas City Business Journal featured the ways in which Kennyhertz Perry has embraced Bitcoin – an up-and-coming digital form of currency. The article, titled “KC law firm bets on
Kennyhertz Perry co-founder and partner discussed legal compliance for content marketing in Reputation Capital’s latest white paper “Content Marketing for Financial Services.” To download a copy of the white paper: http://offers.repcapitalmedia.com/content-marketing-financial-services/
Former CFTC Trial Attorney Braden Perry recently spoke with Law360 regarding the JPMorgan settlement with the CFTC, admitting that its traders “acted recklessly.” This admission demonstrates a significant shift from the no-admit, no-deny settlements to a more aggressive stance in pushing wrongdoers for accountability.
Kennyhertz Perry’s Braden Perry, a former federal enforcement attorney and Chief Compliance Officer of a global financial firm, was recently asked by the Credit Union Times to provide insight on Bitcoin regulation. The article in full is as follows:
Customer Expressions, the training team for I-Sight Investigative and Case Management Software, recently turned to Braden Perry, a veteran government investigation and regulatory compliance attorney, to discuss the critical steps to Consumer Financial Protection Bureau (CFPB) compliance. The full article is provided below:
With the deadline looming for financial institutions to comply with the regulations set out by the Consumer Financial Protection Bureau (CFPB), financial services providers are (or should be if they aren’t) working hard to get their ducks in a row in time. CFPB compliance has become a burning issue.
Kennyhertz Perry’s Braden Perry recently spoke alongside other industry experts regarding 401(k) plan fees and the issues surrounding benchmarks. The article in full is as follows:
Every 401k plan sponsor wants to know the answer to this question. Every plan participant would benefit if their plan sponsor would know the answer to this question. Every industry reporter, analyst and pundit think they know the answer to this question. Every regulator knows there’s no right answer to this question.