The announcement is the latest twist in a high-profile legal battle between the regulator and the fund manager, which started with the collapse of his previous company back in 2019.
Investor protection
With approximately 9,000 firms under supervision, cyber risks, investor protection, and crisis preparedness dominate.
Canada’s investment industry SRO said it would consolidate rules, strengthen investor protection, and improve cyber resilience.
Binance has accepted exposing 524 retail investors to high-risk crypto products by misclassifying them as wholesale clients. The company had already compensated those clients in 2023.
The SEC’s final Investor Advisory Committee meeting of the year offered an unusually clear window into the philosophical divides shaping American securities regulation.
The US and Swiss decisions raise international considerations for investor protection, regulatory power in bank rescues, cross-border jurisdiction, and the hierarchy of claims in bank resolution cases.
In remarks at SIFMA’s Private Markets Valuation Roundtable, SEC Commissioner Mark T Uyeda argued that private and public markets are mutually reinforcing, not rivals.
A comparison of cryptoasset advertising regulation in the EU and the UK.