by Dave Rothschild
A bite-sized podcast discussing the legal loopholes in forming, launching, and running a private investment fund, including considerations unique to digital asset/crypto funds.
Listen to all episodes below or find them on your preferred platform here, along with full show notes.
Disclaimer: This show is for informational purposes only. Nothing presented here constitutes legal advice. Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. Music by Joe Ginsberg. For any questions or comments, email: tow@colefrieman.com.
Episode 89: SEC Proposal to Update the Custody Rule
Episode 88: Does California’s DFAL Apply to Digital Asset Funds and Managers?
Episode 87: A Brave New World with Frank Napolitani, Cartesian
Episode 86: The Annual Review with Annie Kong, IQ-EQ
Episode 85: Qualified Client Thresholds Are Going Up
Episode 84: Crypto Prime Brokerage with Matt Boyd, Coinbase
Episode 83: Outsourced CFOs with Eugene Tetlow, V17
Episode 82: Reasonable Expectations: How the SEC (Now) Applies Howey to Crypto
Episode 81: Slopeside with the Summit Syndicate
Episode 80: Fair Investment Practices by Venture Capital Companies Law
Episode 79: Liberate the Yield with Ronald Falls, Jr.
Episode 78: Outsourced Compliance with Fizza Khan, Silver Regulatory Associates
Episode 77: All the Wisdom from 2025
Episode 76: SF Gross Receipts Tax with Kevin Leiske, Cole-Frieman & Mallon
Episode 75: Cayman Directors with Darragh Murphy, Marfire
Episode 74: Cayman Funds with Patrick Colegrave, Forbes Hare
Episode 73: Harry Shillingford, Marex
Episode 72: The Main Event
Episode 71: James Tallarico and Kevin Flasch, Risk Strategies
Episode 70: The SEC Knows Action
Episode 69: Joe Brennan, Houlihan Capital
Episode 68: Gautam Ganeshan, KPMG
Episode 67: SEC Commissioner Hester Peirce
Episode 66: Phil Graham, Harneys
Episode 65: The Zombie Episode (Three Rungs of the Regulatory Ladder)
Episode 64: Sharing the Wisdom (Colleen Fay)
Episode 63: Hedge Fund Offering Terms, Part 2: Liquidity
Episode 62: Sharing the Wisdom (Salman Ali)
Episode 61: Hedge Fund Offering Terms, Part 1: Compensation
Episode 60: Sharing the Wisdom (Bert McCooey)
Episode 59: Peeling Layers
Episode 58:Yet Another CTA Update (Yawn)
Episode 57: Fixing the Hole in Your Net (And More!)
Episode 56: Interpretive Clarity
Episode 55: Sunshine and Rainbows…from the SEC
Episode 54: Guess Who’s Back
Episode 53: A New Sheriff
Episode 52: AI Policies for Investment Advisers
Episode 51: 2024 Year-End Overview
Episode 50: CTA Enjoined
Episode 49: Crypto’s Glad Tidings
Episode 48: Can the President Fire the SEC Chair?
Episode 47: The “Come in and Register” Fallacy
Episode 46: For the Crypto Skeptic
Episode 45: Digital Asset Manager SEC Settlement
Episode 44: Marketing Decks
Episode 43: Pay-to-Play Rule
Episode 42: Form N-PX
Episode 41: Supreme Court Smackdown
Episode 40: Florida Private Fund Exemption
Episode 39: SAB 121
Episode 38: RIP Private Fund Adviser Rule
Episode 37: Tornadoes, Samourais and Money Transmitters
Episode 36: Adviser Integration
Episode 35: Venture Capital Funds
Episode 34: Management Company Operating Agreements
Episode 33: Tokenized Funds
Episode 32: Annual ADV Amendments!
Episode 31: My Cousin Vinny (aka Third Party Marketers)
Episode 30: CTA, Part Deux
Episode 29: 2023 Year-End Overview
Episode 28: Management Company Structures
Episode 27: Corporate Transparency Act
Episode 26: Waterfalls
Episode 25: Hurdle Rates
Episode 24: High Water Marks
Episode 23: Expenses
Episode 22: Late Summer News Roundup
Episode 21: Private Fund Advisers Rule
Episode 20: Non-U.S. Fund Managers
Episode 19: Ripple Wins (Mostly)!!
Episode 18: Rebutting Prometheum
Episode 17: Using AI
Episode 16: The Gloves Are Off
Episode 15: DAOs
Episode 14: LIVE Marketing Rule Event!
Episode 13: SPVs!
Episode 12: Incubator Funds
Episode 11: Considerations for Funds in a World of Bank Runs
Episode 10: Much Ado About Custody (or Safeguarding)
Episode 9: Fund Structuring
Episode 8: No U.S. Persons Allowed!
Episode 7: 3…(c)…(1) Counting!
Episode 6: 2022 Year-End 360° Overview
Episode 5: What About the CFTC?
Episode 4: But Is It A Security?
Episode 3: FTX Fallout
Episode 2: Navigating the Investment Advisers Act
Episode 1: Private Fund Legislative Overview
