FINRA reportedly considers hiring employees terminated from crypto firms
The Financial Industry Regulatory Authority in the United States (FINRA), is apparently planning to increase its workforce by hiring staff who were recently fired from crypto firms. According to a Reuters article on Tuesday, FINRA President and CEO Robert Cook encouraged crypto workers who anticipate being laid off to contact the financial regulator as part […]
NYAG directs 2 crypto firms to shut down while investigating 3 others
The New York Attorney General’s (NYAG) office has accused two unnamed crypto lending platforms in the state of engaging in illegal activities and has demanded three others to give information about their operations. The New York Attorney General’s office announced on Monday that it has ordered two crypto lending platforms — the identities of which […]
SEC Commissioner calls for a ‘bridge’ instead of ‘safe harbour’ for crypto firms
SEC Commissioner Caroline Crenshaw called for a “bridge” in which crypto firms work with the SEC to determine compliance plans instead of a safe harbour. The “safe harbour” plan, would’ve made ICO problems worse she says. Crenshaw made the statements during the SEC’s annual “Speaks” event earlier this month, and her address was uploaded on […]
SEC chairman Gary Gensler urges crypto firms to ‘come in and talk ‘
The chairman of the US Securities and Exchange Commission, Gary Gensler, is once again urging crypto ventures containing securities to register with the regulatory agency in order to protect investors. In a prepared statement for his hearing before the Senate Committee on Banking, Housing, and Urban Affairs on September 14, Gensler said the Securities and […]