This 1-hour CLE will explain, in user-friendly terms, what cryptocurrency is, how it works, and the legal and regulatory issues surrounding its use. Norton Rose Fulbright attorneys Sue Ross and Kathleen Scott will describe the characteristics of cryptocurrencies, recent developments in the area, as well as new laws and recent court and regulatory actions.
The session also explains and discusses the possible uses of the blockchain/distributed ledger technology (DLT) beyond recording virtual currency transactions, recent “real world” uses, and the possible legal and regulatory issues.
Kathleen A. Scott is a senior counsel in the New York office representing some of the world's largest international banks and other financial institutions concentrating on a broad range of financial services regulatory, anti-money laundering and privacy matters.
She represents financial institution clients with respect to the bank regulatory aspects of mergers and acquisitions, establishment of new banking organizations and nonbanking affiliates, and other transactions. Kathleen also advises U.S. and non-U.S. banks, bank holding companies and other financial institutions on a broad range of federal and state regulatory issues affecting all their operations and interacts routinely with federal and state banking regulators. She has expertise regarding U.S. federal and state banking laws and regulations regarding banks as well as nonbank financial companies that might require licensing at the state level.
In addition, Kathleen counsels financial institutions facing enforcement or other supervisory actions or investigations by state and federal regulators on their compliance with federal consumer, privacy and anti-money laundering legislation and regulations. More specifically, she handles compliance with the Gramm-Leach-Bliley Act for banks and other financial institutions and related financial privacy and information security matters. She also uses her regulatory expertise to advise financial institutions on a broad range of anti-money laundering compliance and enforcement issues.
She also is a member of the firm's global financial technology practice, advising on the U.S. financial services regulatory aspects of cryptocurrencies, the blockchain and smart contracts
Kathleen began her career as an attorney for the United States Department of Treasury and also served as an assistant counsel for the New York State Banking Department before going into private practice at two other major law firms in New York before joining Norton Rose Fulbright.
Sue Ross is a Senior Counsel in Norton Rose Fulbright's New York Office with a practice focused on technology and US privacy matters.
Sue's extensive experience with technology and technology contracts includes negotiating, drafting, and interpreting over 10,000 computer hardware and software, consulting, outsourcing, Internet, electronic signatures, web hosting, application service providers and non-disclosure agreements, many of which were for a federal government contractor. She is also experienced with preparing website terms and conditions and privacy policies. Sue is part of the firm's FinTech team, frequently speaking and writing on cryptocurrency, blockchain, and smart contract issues.
Sue has been named by her peers as a New York Metro Super Lawyer, technology transactions (formerly, information technology/outsourcing) every year since 2011. Sue was honored to receive the 2017 Cornerstone Award, from Lawyers Alliance for New York (for pro bono assistance).
Sue also handles US privacy matters, including security breach laws, as well as assisting clients with their questions and compliance efforts relating to Red Flag Rule, Health Insurance Portability and Accountability Act ("HIPAA") Privacy and Security Rules, Gramm-Leach-Bliley, Telephone Consumer Protection Act, CAN-SPAM, and Fair and Accurate Credit Transactions Act ("FACTA"). Sue has assisted clients with privacy and information security questions relating to the Payment Card Industry standards, and created privacy policies (including Binding Corporate Rules) for corporations, as well as for web sites. Sue has experience counseling clients on advertising and contests and sweepstakes matters.
Sue graduated cum laude with a JD/MBA from the University of Illinois in 1985, and obtained an AB from Duke University in 1981. At Illinois, she served as Administrative Editor on the Law Review. She is admitted to practice in New York.
Loved the wedding analogy. I can actually now conceptualize the block chain
Good course. Massive information.
Good mix of humour and information, and well-presented for a tricky and complex topic.
This program was technically beyond my ken, but it furnished an excellent introduction to the scope and range of cryptocurrencies and regulations applicable o them.
Very good presenters
Excellent use of examples to demonstrate the basic concepts.Thanks!
Cryptocurrencies is a very important topic. More videos should be done on it.
The content was a step or two above "introduction."
these women really know their stuff; i on the other hand still can not understand this crypto. lol.
I thought both speakers were truly fantastic. They did an awesome job of breaking things down into digestible content and it was fun/easy to follow. I really liked this program.
Great wedding analogies at the beginning
I really learned a lot; I never understood anything about blockchain before.
Really worthwhile CLE!!
Presenters were very good and injected some humor into a topic that can be dry.
Excellent presentation on developing area of commercial and regulatory law.
Excellent overview of Cryptocurrency.
Nice use of humor to leaven the presentation.
Very nimble and current faculty!
Fascinating topic. Thank you.
Great intro to blockchain.
Excellent presentation by both.
good CLE on a complex topic
great topic, very interesting and good presenters, very efficient and knowledgeable, thanks so much
I am impressed so many things went into this one hour course.
Good sound quality
Fascinating! The two lawyers worked well together.
Top-notch presenters on a rather complicated subject.
One of the best ones I have listened to.
Ross is a delightful educator and SME and Scott is outstanding in her field!
Interesting topic that I knew little about but was very informative.
The speakers were FANTASTIC
This was a very thorough overview, and well presented.
One of the best CLEs I have attended in years.
This was a great overview for someone like me who has no clue how virtual currencies work!
Useful information on a hard to grasp subject
Very interesting course; helpful materials.
An excellent presentation by two very knowledgeable lawyers who are also great at presenting. One of the best cle programs I have attended.
Good course and good speakers.
Great material. I can listen to this subject matter everyday.
Great explanation of a very confusing topic
FANTASTIC PROGRAM! (And I never give comments). Includes great resources - website addresses, etc.
Very interesting subject.
Wow- these ladies were awesome! great presentation...
Possibly the most interesting course I have seen.
Absolutely superb! I will be recommending to my colleagues that they take this course.
Truly excellent. Well explained, easy to understand, recent relevant information. My favorite course I've taken on lawline.
It was well done.