Industry News

U.S. Fed warns crypto firm on deposit insurance claims

Industry

U.S. Fed warns crypto firm on deposit insurance claims

U.S. banking regulators ordered Voyager Digital LLC to stop making false statements about its access to federal deposit insurance. In a joint letter, the U.S. Federal Deposit Insurance Corp. (FDIC) — along with the board of governors of the U.S. Federal Reserve — demanded that the bankrupt crypto brokerage firm “cease and desist from making […]

By James Langton |July 29, 2022

2 min read

Decorative pattern

Industry

Financial sector credit outlook dims amid uncertainty

Risks tilted to the downside, even as positive rating action outpaced negative in Q2

By James Langton |July 29, 2022

2 min read

Decorative pattern

Industry

Regulators approve using MFDA discretionary fund to pay new SRO integration costs

Enforcement penalties will be used to help fund the new SRO

By James Langton |July 28, 2022

1 min read

Decorative pattern

Industry

ASC issues almost $4-million penalty over investor fraud

A panel reluctantly ordered less than full disgorgement of the ill-gotten gains

By James Langton |July 28, 2022

2 min read