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Regulators busy as SEC revises reporting timelines, FCA blocks Binance

GRIP Montage: FCA/Getty Images

SEC revises reporting timelines on beneficial ownership, FCA blocks Binance’s UK promotion.

Regulators in the US and UK were busy yesterday, with the SEC announcing the first revisions to reporting timelines on beneficial ownership since 1977, and the FCA blocking Binance’s attempt to market products to UK consumers on day three of a new regime.

The SEC is aiming to “improve transparency