Profits Interests vs. Capital Units: Why Private-Equity Sponsors Still Need the 83(b) Election
Profits interests ensure tax-efficient carried interest with zero grant-date value, avoiding payroll traps. The 83(b) election locks in $0 valuation, secures capital-gain treatment, and protects early exits under IRS rules (Rev. Proc. 93-27, 2001-43).
Understanding the GENIUS Act
The GENIUS Act could redefine how stablecoins are issued and regulated in the U.S., offering startups a clear path to compliance with built-in protections for consumers. This article breaks down the Act’s core provisions and explains how it lowers barriers for innovators while strengthening trust in the digital dollar ecosystem.
Digital Asset Market Structure Discussion Draft
The discussion draft divides regulatory authority between the CFTC and the SEC, establishing dual registration regimes for intermediaries and trading platforms, carving out exemptions for legitimate DeFi activity, and directing both agencies to coordinate rules and avoid redundant oversight. The bill replaces today’s fragmented enforcement-based model with a proactive legal framework that balances consumer protection with U.S. digital asset competitiveness.
SEC Commissioners Are Subtweeting Each Other—and Crypto’s Caught in the Crossfire
A quiet footnote from SEC Chair Gary Gensler just sparked a not-so-quiet rebuke from Commissioner Mark Uyeda—exposing deep rifts inside the agency over how to regulate crypto. With no clear rules and rising public tension, the SEC’s internal divide may be the biggest threat to digital asset clarity yet.
X’s New Block Policy: A Double-Edged Sword for User Privacy and Platform Transparency
X’s quiet update to its blocking feature means users you block can now still see your posts. While framed as a win for transparency, this shift could have real legal and safety implications—from harassment risks to potential violations of app store policies.
New SEC No-Action Letter for Offerings Under Rule 506(c)
A new SEC no-action letter may make it significantly easier for issuers to verify accredited investor status in Rule 506(c) offerings. Learn how investor representations, check size, and a lack of red flags could streamline compliance—and what limits still apply.
Give us a call at
904-234-5653
or fill out the form below for a consultation.
"*" indicates required fields