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Bitcoin.com 2023-08-17 03:30:04

Lawmakers Probe SEC and FINRA Over ‘Shady Approval’ of Prometheum

U.S. lawmakers are probing the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) regarding the “shady approval” of Prometheum “as the first and only special purpose broker-dealer for digital assets.” They raised concerns about the timing and circumstances surrounding the approval, noting that Prometheum has no customers, operational history, and track

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