FINRA Considering Changes to Crypto Regulations to Better Protect Investors: Report

Posted on by American Coins & Gold

FINRA Considering Changes to Crypto Regulations to Better Protect Investors: Report
The CEO of the Financial Industry Regulatory Authority (FINRA) said the self-regulatory body will look at potential changes to crypto regulations this year as crypto adoption grows, Barron’s reported, citing a virtual conversation with Securities Industry and Financial Markets Association (SIFMA) CEO Kenneth Bentsen Jr. on Wednesday.CEO Robert Cook said FINRA isn’t looking at making wholesale changes to current rules, but instead is planning to issue “an early-stage, concept release type of notice,” especially in the context of advertising and disclosure.“We’re not looking to regulate or fundamentally change the regulatory structure here,” Cook said during the webcast, according to Barron’s.…