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Lee Schneider
General Counsel at block.one
Lee A. Schneider is a prominent financial services and technology lawyer based in NYC, currently serving as the general counsel for block.one, a leading blockchain software company.
With a background in economics from the University of Michigan and a Doctor of Law from American University, Washington College of Law, Lee has a robust educational foundation.
Lee's professional journey includes key roles such as Partner, Head of FinTech and Broker-Dealer at McDermott, Will & Emery, Co-Founder at Genesis Block, Counsel at Debevoise & Plimpton, General Counsel at Convergex, and Managing Counsel at BNY Mellon.
Apart from his legal career, Lee Schneider is also known for co-hosting a FinTech podcast with former SEC Commissioner Troy Paredes, available on popular platforms like iTunes.
Beyond his professional commitments, he values family life and is a proud father of two teenage daughters while enjoying insights into Japanese art history from his wife.
Disclaimer: This profile may constitute attorney advertising. Prior results do not assure a similar outcome.
Highlights
What is an exchange? In reopening comment, the SEC continues to evade this question, insisting that they have the ability to regulate communications protocols (whatever that means) as exchanges. This defies common sense, common understanding and the express language of the Exchange Act. It also means that broker-dealers meet the definition, investment advisers meet the definition, clearing agencies meet the definition, in addition to businesses that are only inadvertently hosting conversations about securities.
I helped a few groups make these points a year ago and nothing in the SEC’s latest discussion really addresses these issues. For an agency that prides itself on rigorous thought and analysis, let’s hope the inevitable adopting release grapples with these important issues.
The folks at Crowdfund Insider kindly published another of my articles. This one seeks to debunk recent myths about #blockchain and #cryptoassets. Whether the myths are about #proofofstake, tokens being securities, or where regulation is appropriate in #defi, I tried debunking the myths in straightforward language with practical examples. Please read and comment. Thank you!
