Kraken Says SEC's Crypto Theory Would 'Gut Howey' <https://www.law360.com/compliance/articles/1835923?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-05-13&read_main=1&nlsidx=0&nlaidx=11> By Aislinn Keely Crypto exchange Kraken told a California federal judge that the U.S. Securities and Exchange Commission's theory of why token sales on public exchanges offend securities laws could lead to a "significant reordering of the U.S.'s financial regulatory structure" if the agency's enforcement action against its parent companies is upheld. Response attached | Read full article » <https://www.law360.com/compliance/articles/1835923?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-05-13&read_more=1&nlsidx=0&nlaidx=11> | Save to favorites » <https://www.law360.com/compliance/articles/1835923?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-05-13&read_later=1&nlsidx=0&nlaidx=11>