1. Home
  2. finra

finra

US Regulator Publishes Crypto Guide With Stark FOMO Reminder

Bitcoin.com
US Regulator Publishes Crypto Guide With Stark FOMO Reminder
bitcoin.com
US Regulator Publishes Crypto Guide With Stark FOMO ReminderThe Financial Industry Regulatory Authority (FINRA)’s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced a comprehensive guide for investors exploring the world of crypto assets. FINRA is a non-governmental organization that oversees brokerage […]
Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

FINRA Warns Member Firms of Metaverse Adoption Challenges

Bitcoin.com
FINRA Warns Member Firms of Metaverse Adoption Challenges
bitcoin.com
FINRA Warns Member Firms of Metaverse Adoption ChallengesThe Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the responsible and ethical development of metaverse applications. Firms Must Weigh Challenges in Metaverse Adoption While the metaverse is said to provide […]
Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

FINRA says rules still apply in the metaverse

Coin Telegraph
FINRA says rules still apply in the metaverse
Coin Telegraph

The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.

The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse. 

Along with a breakdown of the current state of metaverse activity in the finance industry and projections for the technology’s future, FINRA also dedicated several paragraphs of the report to reminding businesses that both its rules and relevant government regulations apply to their activities in the metaverse just as they would otherwise. 

FINRA announces the publication of its comprehensive metaverse report on X.com. Source: FINRA

Read more

Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

SEC Flags Risks in Crypto and Emerging Tech Investment Scams

Bitcoin.com
SEC Flags Risks in Crypto and Emerging Tech Investment Scams
AI
SEC Flags Risks in Crypto and Emerging Tech Investment ScamsThe U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming, […]
Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

Banking Giant Paying $4,700,000 To Victims of Billion-Dollar Market Manipulation Scheme: US Department of Justice

The Daily Hodl
Banking Giant Paying ,700,000 To Victims of Billion-Dollar Market Manipulation Scheme: US Department of Justice
Daily Hodl
Banking Giant Paying ,700,000 To Victims of Billion-Dollar Market Manipulation Scheme: US Department of Justice

A group of US regulators including the Department of Justice (DOJ) is hitting a banking giant with a multi-million dollar fine to settle criminal charges that the firm defrauded the Treasury market. The DOJ says TD Bank’s registered broker-dealer, TD Securities, has accepted the terms of a deferred prosecution agreement (DPA) that charges the firm […]

The post Banking Giant Paying $4,700,000 To Victims of Billion-Dollar Market Manipulation Scheme: US Department of Justice appeared first on The Daily Hodl.

Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

tZero becomes 2nd FINRA-approved broker-dealer for digital securities

Coin Telegraph
tZero becomes 2nd FINRA-approved broker-dealer for digital securities
alternative trading system

The company is following the steps of Prometheum, which now treats four cryptocurrencies as securities.

The United States has a second special purpose broker-dealer (SPBD) for digital asset securities. The Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) have approved tZero Digital Asset Securities as a digital asset SPBD, giving it the right to custody digital asset securities on behalf of retail and institutional clients.

Its new status allows SEC-regulated alternative trading system operator tZero to carry out custody, clearance and settlement of securities without a third-party custodian, making tZero a “one-stop shop” for digital asset security issuance and secondary trading, the company said in a statement. The company helps private companies go public through securities offerings.

tZero has a “long-standing position that many digital assets in the market constitute securities under existing legal frameworks,” it said. Although that claim is widely disputed in the crypto world, tZero will treat digital assets as securities when it provides custody of them. tZERO chief legal and corporate affairs officer Alan Konevsky said:

Read more

Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

Ex-Investment Banker and Registered Broker Busted in $1,500,000 Crypto Fraud Scheme: DOJ

The Daily Hodl
Ex-Investment Banker and Registered Broker Busted in ,500,000 Crypto Fraud Scheme: DOJ
credit cards
Ex-Investment Banker and Registered Broker Busted in ,500,000 Crypto Fraud Scheme: DOJ

A former investment banker and registered broker has been sentenced for masterminding a $1.5 million crypto fraud scheme. In a new press release, the US Department of Justice (DOJ) says that Rashawn Russell, who used to work for the Financial Industry Regulatory Authority (FINRA), has been sentenced to three years and five months behind bars. […]

The post Ex-Investment Banker and Registered Broker Busted in $1,500,000 Crypto Fraud Scheme: DOJ appeared first on The Daily Hodl.

Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

US lawmakers demand SEC-FINRA records on Prometheum ETH custody

Coin Telegraph
US lawmakers demand SEC-FINRA records on Prometheum ETH custody
broker-dealer

Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters.

Members of the United States Congress want to know what the Securities and Exchange Commission and Financial Industry Regulatory Authority (FINRA) were talking about when the SEC established Special Purpose Broker-Dealer (SPBD) requirements. They suspect the organizations and crypto trading and custody services provider Prometheum are setting an unwelcome precedent.

Chairman of the House Financial Services Committee Patrick McHenry and subcommittee heads Bill Huizenga and French Hill, all Republicans, stated in a letter to SEC Chair Gary Gensler that they were dissatisfied with the SEC’s response to a March 26 inquiry by 48 members of the House Financial Services and Agriculture Committees concerning Ether’s (ETH) classification as a security, rather than a commodity, and Prometheum’s intent (since realized) as an SPBD to custody ETH.

Related: US lawmakers allege CCP connection in calling for SEC, DOJ investigation of Prometheum

Read more

Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

Wells Fargo Employee Sanctioned After Allegedly Stealing Funds From Customers, Refusing To Cooperate With Investigation

The Daily Hodl
Wells Fargo Employee Sanctioned After Allegedly Stealing Funds From Customers, Refusing To Cooperate With Investigation
bank
Wells Fargo Employee Sanctioned After Allegedly Stealing Funds From Customers, Refusing To Cooperate With Investigation

The Financial Industry Regulatory Authority (FINRA) is barring a former Wells Fargo broker who’s accused of stealing funds from clients. In a letter of acceptance, waiver and consent (AWC), the regulator says ex-Well Fargo employee Andrew J. Egber violated two FINRA rules when he deliberately ignored requests to cooperate in an investigation. Last month, Wells Fargo […]

The post Wells Fargo Employee Sanctioned After Allegedly Stealing Funds From Customers, Refusing To Cooperate With Investigation appeared first on The Daily Hodl.

Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

JPMorgan Chase To Pay $250,000 for Defaming Former Employee As Regulator Orders Bank To Eliminate Series of Allegations

The Daily Hodl
JPMorgan Chase To Pay 0,000 for Defaming Former Employee As Regulator Orders Bank To Eliminate Series of Allegations
bank
JPMorgan Chase To Pay 0,000 for Defaming Former Employee As Regulator Orders Bank To Eliminate Series of Allegations

The Financial Industry Regulatory Authority (FINRA) is ordering JPMorgan Chase to pay hundreds of thousands of dollars in damages to a former employee who accused the bank of defamation. Former JPMorgan Securities (JPMS) financial advisor Michael C. Nolan says the trillion-dollar lender damaged his reputation in a Form U5 filing to FINRA after he left […]

The post JPMorgan Chase To Pay $250,000 for Defaming Former Employee As Regulator Orders Bank To Eliminate Series of Allegations appeared first on The Daily Hodl.

Read more
Bitget Pumps Another 15.6%, Incoming as Best Wallet Presale Raises .5M?

Bitget Pumps Another 15.6%, $10 Incoming as Best Wallet Presale Raises $5.5M?

WordPress Theme by cactus.com
Close

Share this video