(March 15, 2019, Washington, DC) — Steptoe partners Charley Mills and Stacie Hartman played key roles in contributing to the American Bar Association (ABA) Business Law Section's white paper titled "Digital and Digitized Assets: Federal and State Jurisdictional Issues." Mills served as an editor of the nearly 300-page analysis, which provides a comprehensive survey of the regulation of cryptocurrencies and other digital assets at both the federal and state levels. Mills and Hartman also authored separate sections of the white paper. Both are members of the firm’s Financial Services Group, which Hartman co-chairs.
The white paper was prepared by members of the working group of the Innovative Digitized Products and Processes Subcommittee of the ABA's Derivatives and Futures Law Committee with the goal of providing a resource and analytical framework for considering, among others, potential issues of jurisdictional overlap between the Commodity Futures Trading Commission and the Securities and Exchange Commission. It is hoped that the white paper will prove to be a valuable resource for legal practitioners and others who are active in the digital asset arena, as well as for policy makers.
With more than 400,000 members, the ABA is one of the largest voluntary professional membership organizations in the world. As the national voice of the legal profession, the ABA works to improve the administration of justice, promotes programs that assist lawyers and judges in their work, accredits law schools, provides continuing legal education, and works to build public understanding around the world of the importance of the rule of law.
In more than 100 years of practice, Steptoe has earned an international reputation for vigorous representation of clients before governmental agencies, successful advocacy in litigation and arbitration, and creative and practical advice in structuring business transactions. Steptoe has more than 500 lawyers and other professional staff across offices in Beijing, Brussels, Chicago, London, Los Angeles, New York, Phoenix, San Francisco, and Washington. For more information, visit www.steptoe.com.