FREE PREVIEW
|
LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE
|
SEC orders first settlement for marketing rule violation
|
|
Nonbank Financial
Friday, September 8, 2023
|
|
In the agency’s first enforcement action involving its “marketing rule” pertaining to cryptocurrencies, the Securities and Exchange Commission (SEC) ordered a fintech investment advisory firm to pay a $1 million settlement for allegedly misleading investors about performance metrics.
Additionally, the SEC found other compliance issues present in the company’s business practices, which led to misleading disclosures about the custody of clients’ cryptocurrency assets.
|
TO READ THE FULL STORY
|
|
|
Already a subscriber?
Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.
|
|
Today's other top stories