The latest regulatory changes, updates, and decisions impacting the alternative investment sector.
In a speech on Wednesday, Jon Cunliffe of the Bank of England called for tough regulations on cryptocurrencies, drawing a parallel between the $1.2 trillion subprime mortgage market in 2008 and the growth of the crypto market from a mere $16 billion five years ago to its $2.3 trillion capitalization today.
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More Stories on Regulations
SEC Fraud Charges: Cambridge Capital Group Advisors, Broad Reach Capital, San Diego-based ANI Development
NFL Fraud, Covering that Amex Tab, and a Scam Involving Booze in California SEC fraud charges are more common than you think. On Thursday, the SEC has charged multiple parties with fraud. The defendants comprise Cambridge Capital Group Advisors, its president Phillip Timothy Howard, and Don Warner Reinhard, a former RIA already barred by the…
Charges spawn from a complex bond pricing scheme Michael Hild, founder and CEO of Live Well Financial, faces charges for running a $140 million bond scheme. The U.S. Attorney’s Office for the Southern District of New York charged him with securities fraud, mail fraud, and bank fraud. The government says that the scheme involved the…