Government-led digital money projects are more likely, report says
Regulator alleged investors weren't told the truth about CEO's dismissal
Crypto exec defrauded investors of billions, lawsuit alleges
Scheme promised outsized returns from blockchain investment
Fines levied against reps last year soared to $7.9 million from $938,000 in 2021
Fiduciaries must explain the rationale for an investment, the professional organization said in a new report
The firm will pay nearly $11 million in client compensation after reps boosted their own performance numbers
Criteria need to be strict enough to be credible, without being too tough for fund managers
Regulator set aside timing requirements and ordered award for anonymous tips
Proposed reforms are likely to drive volume away from wholesalers and market makers, reports say