Digital asset market draws more regulatory scrutiny (MarketWatch)

The segment of the digital asset market referred to as DeFi or decentralized finance, where investors lend out their digital coins, is being reviewed by the SEC. Coinbase’s crypto platform is being investigated by the regulator, which likely views the lending program as securitizing the crypto being used. FrontLine’s Founder and President Amy Lynch states…

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Disclosures matter in SEC review of online trading apps (Bloomberg Law)

While the SEC continues to receive a variety of public comments for its review of online trading platforms, it is taking a hard look at what disclosures investors have been provided. The regulator wants to determine whether investors engaging in online trading are aware of any conflicts of interest at these firms. as well as…

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Investment advice question may enhance Reg BI with digital type offerings (InvestmentNews)

Last month’s SEC request for comments on the digital engagement practices of firms is likely to raise high level discussions at the regulator about the application of the investment advice standard and Regulation Best Interest (Reg BI). What’s at stake is whether online platforms and associated apps offered by advisers and broker-dealers constitute investment recommendations,…

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