Business
First Bitcoin Capital Corp Retains Top Canadian Law firm, SEC, FINRA Legal Specialist
First Bitcoin Capital Corp Retains Top Canadian Law firm, SEC, FINRA Legal Specialist.
About this update from First Bitcoin Capital Corp.
[{"type":"text","content":"October 27, 2017, Tel Aviv, Israel, First Bitcoin Capital Corp (OTC: BITCF) (the “Company”) announced today that it retained two top law firms, including a securities industry expert, to assist the Company in its efforts to return to the OTCQB market and to minimize the recurrence of any future regulatory concerns.Being incorporated in British Columbia, Canada, the Company chose McMillan LLP based on their international expertise as a top Canadian firm specializing in areas most suitable in assisting the Company in its effort to move First Bitcoin Capital forward in the capital markets.The Company chose Sylvia Scott of Holmes, Taylor, Scott & Jones LLP due to her extensive experience as former senior counsel with the Financial Industry Regulatory Authority (“FINRA,” then known as the National Association of Securities Dealers) and the U.S. Securities and Exchange Commission (“SEC”) in order to meet the regulatory challenges facing small cap companies such as BITCF.About Sylvia ScottMs. Scott has successfully represented clients in numerous securities cases and investigations drawing from her 18 years of experience as a former enforcement attorney with the SEC and FINRA. Ms. Scott's practice focuses on all aspects of securities regulation and litigation. She represents members in the investment advisory and brokerage industry in private litigation, regulatory investigations and examinations, and regulatory enforcement actions. She has successfully represented numerous brokers and investment advisers in enforcement matters before the SEC, FINRA and state regulatory agencies. She has also successfully represented companies under regulatory scrutiny by the SEC and state regulators. Another aspect of Ms. Scott's practice includes advising companies regarding private placements, drawing from expertise gained while she served on a “regulatory expert group” at FINRA with regard to private placements and underwritings.As a former prosecutor and manager with both the FINRA and SEC, Ms. Scott has specialized knowledge of the challenging regulatory environment in which securities professionals must operate. During her 12-year career with the NASD, Ms. Scott developed a reputation as a top notch securities litigator and expert in the broker-dealer industry. A Former FINRA Enforcement official stated in her departure announcement, \"...