A Michigan-based crypto firm wasn’t listed as a broker/dealer, in violation of securities regulations, said the SEC.
Surging issuance protects insurers while investors reap profits.
Down 8 percent from their 2007 peak, financial stocks are the only major group in the S&P 500 Index that has yet to fully recover from the bear market.
The industry regulator’s complaint accuses a broker of securities fraud connected to his cryptocurrency “HempCoin.”
The top 20 Chinese equity ETFs ranked by one-year returns.