Cryptocurrency

IAs, B-Ds and private funds all reluctant stars in FSOC report

The SEC has never fully revealed its secret sauce for exactly how it decides which advisers to examine but some common factors that go into ...

'Do your homework'

"We're going to have a cleanup in aisle three, and the public is going to ask, 'Where was the oversight?'"

"The SEC has not provided clarity in response to repeated questions on crypto from reputable players, but has instead embraced an approach that has been ...

"We just don’t have enough investor protection in crypto. The American public is buying, selling, and lending crypto on trading, lending, and decentralized finance platforms, ...

Banks must prove adequate controls, obtain 'non-objection' letter from supervisory offices

Feds focused on custody, loans, stablecoins, and holding crypto assets legally

Gurbir Grewal, the SEC’s top enforcer, is bristling at suggestions that he and his colleagues are “regulating by enforcement” in either cryptocurrency or ESG disclosures. ...

"Without a common set of conduct expectations, and a functional system to enforce those principles, markets tend toward corruption, marked by fraud, self-dealing, cartel-like activity, ...