Investments in financial industry sector funds will be prohibited. The SEC will be able to collect employee trading data via an automated electronic system.
February 2, 2023The US regulator is inquiring into how investment advisers assess third-party custodians used to hold clients' crypto assets.
February 2, 2023Gemini emphasised connections to the FDIC when customers asked if their assets were safe. Almost $1bn in customer assets have since been frozen on the platform.
February 1, 2023A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities.
February 1, 2023The rules will implement the requirements of the Financial Products and Services Consumer Protection Act, which passed in May last year.
January 31, 2023The testing framework assumes a September 2024 implementation date. Testing dates may have to change as regulators have not yet confirmed an implementation date.
January 30, 2023Congress should strengthen disclosure requirements for crypto firms and expand regulators’ powers to prevent misuses of customers’ assets and mitigate conflicts of interest, officials say.
January 30, 2023The rule, first proposed in 2011 but never finalised, will prohibit firms participating in asset-backed securities from betting against investors in those securities.
January 27, 2023The penalties ranged from several thousand dollars for some staff to more than USD 1 million for others, cut from past bonuses or future pay.
January 27, 2023The SEC said Avraham Eisenberg orchestrated an attack on Mango Markets. He also faces criminal and civil charges brought by the DOJ and CFTC.
January 26, 2023