By: Gustavo Dolfino Cryptocurrency has revolutionized the financial world. It has provided an alternative to traditional banking systems, allowing people to trade assets and store wealth outside of government control. While crypto offers financial freedom, it has also caught the attention of regulators like the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). These agencies were …
Can Retail Brokers Sell Crypto? SEC & FINRA’s Surprising Stance
Cryptocurrency has transformed from a niche market into a mainstream investment asset. With Bitcoin, Ethereum, and thousands of other digital currencies gaining popularity, retail investors are increasingly looking for ways to buy, sell, and trade these assets. Traditionally, investors rely on retail brokers to facilitate stock and bond purchases. Given the explosive growth of crypto, many wonder: Can retail brokers …
How Broker-Dealers Can Keep Retail Brokers in Check When Selling Crypto – FINRA’s Role Explained!
Cryptocurrency has emerged as one of the most talked-about investment opportunities in recent years. Many investors are eager to add digital assets to their portfolios, hoping to capitalize on the rapid growth and potential high returns. Broker-dealers must establish strong compliance mechanisms to ensure that their retail brokers follow ethical sales practices, avoid fraud, and act in the best interests …