On Oct. 3, the Financial Stability Oversight Council (FSOC) took another step in identifying, assessing, and responding to the risks various types of digital assets pose to the financial systemContinue Reading Digital Assets: Financial Stability Oversight Council Risk Report Assesses Regulatory Gaps; Offers Recommendations
India L. Sneed advises clients on matters pertaining to government law and policy, election law, and investigations.
India has vast experience as a leader in governmental and legislative roles, having served as Deputy Director of the New York City Mayor’s Action Plan where she was responsible for interagency coordination of citywide programs and managing a multimillion dollar budget; Chief of Staff and Legislative & Budget Director for two City Council Members where she led bill drafting and negotiations and allocated funds to community partners; and as Executive Director of the New York State BLAC Caucus engaging legislators statewide on a wide variety of matters. India also served as a Prosecutor in the Kings County District Attorneys’ Office, leading investigations into officer misconduct and hate crimes and conducting bench and jury trials. India continues to maintain and grow her vast network of agency decision makers and legislators.
In 2015, the New York Department of Financial Services (NYDFS) finalized rules creating the BitLicense for virtual currency exchanges operating in New York state. New York is currently the only…
Continue Reading New York State Department of Financial Services Proposes Framework for a Conditional BitLicense
In the summer of 2015, the New York State Department of Financial Services (DFS) finalized its regulatory framework for virtual currency firms seeking to conduct certain virtual currency (VC) business…
Continue Reading New York State Department of Financial Services Proposes Guidance on Adoption or Listing of Virtual Currencies by Exchanges