Hedge Funds Nuts & Bolts: Cryptocurrency and Blockchain Update
Recent SEC and CFTC pronouncements on cryptocurrencies have drawn more attention to questions of liability and risk for investment managers considering new fund products in this space. At the same time, many new funds are being launched that invest in a wide variety of digital assets, as firms respond to growing investor demands for exposure to this new asset class.
Partner Timothy Spangler (Orange County, Silicon Valley) analyzes how recent regulatory changes in the United States and abroad impact the structuring and documentation of cryptocurrency funds. He also discusses what lies ahead for investment managers in 2018 as blockchain technology is implemented more and more widely across financial markets.