A proposed regulation would allow firms to send prospectuses, shareholder reports and other required documents electronically without first obtaining investor consent.
According to the chair, the joint SEC-CFTC ‘Project Crypto’ will provide a regulatory bridge with token taxonomy while legislation is pending.
The firm has applied for permission to launch 13 exchange-traded-fund share classes, but significant movement is not anticipated in the immediate future, experts say.
According to the regulator, firm employees used misleading metrics to sell mortgage-backed bonds.
The firm will pay a $6.8 million fine for allegedly making false statements in regulatory filings.
