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Joel Telpner contributed to the Wall Street Blockchain Alliance - Legal Working Group's Response to the Securities and Exchange Commission Staff's April 2019 Digital Assets Guidance, which was published on May 16, 2019.

In the paper, Joel and his co-authors note, that "[a]lthough the Staff must be applauded for its efforts, the Guidance does raise many new questions."

The response paper can be viewed here.