Equity-market based schemes, crypto-based fraud, rep impersonation all on the rise
Standards board suggests six-part definition, regular fair value reviews
'Just because a crypto trading platform claims to be a qualified custodian doesn’t mean that it is'
Suspension of principal and investor notification of the suspension of redemption requests and capital withdrawals were an initial sign of trouble
Examiners plan to focus on new or never before examined registrants offering crypto or crypto-related assets
"By now you’d think the NFA would have had a rule in place that prohibits fraud around the use of Bitcoin and Ether. But it ...
"The new proposed safeguarding rule—in addition to expanding the custody rule’s safeguards to cover all assets—would make important enhancements to the protections that qualified custodians ...
"The SEC’s approach to regulating crypto looks somewhat like a decidedly unromantic version of CompuDate from the old TV show: we tell people to come ...
"As the report notes, hedge funds can create risks for financial stability through the use of leverage"