About U.S. Securities and Exchange Commission
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government. The SEC holds primary responsibility for enforcing the federal securities laws, proposing securities rules, and regulating the securities industry, the nation’s stock and options exchanges, and other activities and organizations, including the electronic securities markets in the United States.
In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1933 (now codified as 15 U.S.C. § 78d and commonly referred to as the Exchange Act or the 1934 Act).
U.S. Securities and Exchange Commission Details
U.S. Securities and Exchange Commission News
Dapper Labs, the company that is known for CryptoKitties, has raised $11 mln for its Flow blockchain aimed to enable decentralized applications at scale.
The VanEck’s Limited Bitcoin ETF has proved unimpressive so far with only 4 BTC tokens issued. Some crypto experts have also slammed VanEck for its marketing gimmick saying the product is nowhere close to real ETF.
Binance is set to resume operations in the United States of America under the name of Binance US. This indicates that the cryptocurrency exchange is doing everything possible to gain an upper hand in the marketplace.
On September 11, Bitwise officially announced the appointment of the Bank of New York Mellon to serve as the administrator and transfer agent for its forthcoming Bitcoin exchange-traded fund (ETF).
While SEC’s Clayton acknowledged that Bitcoin businesses are coming closer to satisfying his concerns, he stated that there is “work left to be done” on Bitcoin ETF.
According to a recent study, wealthy young people have a prominent proportion of investment in digital assets. AOFEX is here to enhance the protection of rights and interests of investors.
For Binance, Mars Finance is the first strategic investment in China since 2017, when Beijing banned digital coin trading and the exchange withdrew from this market.
Plaid revealed that Mastercard and Visa have strategic investments made during a series C funding last December. While this raises prospects for greater innovation in the financial ecosystem, do we want another tech giant with access to too much data?
After two successful IEOs, the Roobee Blockchain and Artificial Investment Platform have announced a new IEO in a few days. Using the Liquid platform, Roobee aims at financial and investment inclusion worldwide.
Nissan previewed its new EV to the car industry that is said to have a 300-mile range. Experts say that this puts other car manufacturers on thin ice, especially Tesla.
Northmill, a Swedish fintech company, has received an SFSA (Swedish Financial Supervisory Authority) approval to receive a banking license. Experts are speculating that other competitors in this field such as Revolut and N26 should be worried.
In some relief to the Libra Association, officials from 26 central banks will be quizzing Facebook on the scope, scale, and implementation of the Libra project.