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Honest question: is it normal for a business to be able to ask law enforcement "is this legal?" and expect to get a binding answer? IANAL, but I would think it
by runeks 3y ago
Honest question: is it normal for a business to be able to ask law enforcement "is this legal?" and expect to get a binding answer?
IANAL, but I would think it'd be the job of the business in question to hire lawyers, who would then offer their opinion on the matter.
- jgilias 3y agoWhat if your lawyers say one thing, but one of your possible regulators say something else? Or rather, doesn’t say anything, just allude? It’s for the courts to decide then. That’s what they’re literally for. You could argue that a more productive approach would be to come up with something at the lawmaker level. Even if it’s so restrictive that it drives most exchanges out, such as Canada has done.