FINRA eyes enhancements to digital asset sale disclosures
January 25, 2022 by John Mccrank
NEW YORK, Jan 19 (Reuters) – The Financial Industry Regulatory Authority plans to look at enhancing the disclosure regime for broker dealers that sell digital assets, and may also update its rules around how options accounts are opened, the head of Wall Street’s self-regulatory body said on Wednesday.
FINRA may put out an “early stage concept release” aimed at ensuring investors know that when they buy digital assets from their brokers, those assets may not be regulated, Chief Executive Officer Robert Cook said during a webcast hosted by the Securities Industry and Financial Markets Association.
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