A broker-dealer settled FINRA charges for failing to disclose material information to investors when selling certain limited partnership interests in a private placement.
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A broker-dealer settled charges with FINRA for omitting required information on disciplinary history and conflicts of interest in its Client Relationship Summary (Form CRS).
In a report titled "Issuer Considerations for Distributing Bonds: Establishing Priority of Orders," the MSRB offered an overview of how the prioritization of orders is determined and documented, and emphasized that "[i]ssuers are free to structure the priority of orders in any manner they see fit in light of their goals and objectives for the offering."
House Committee on Small Business Chairman Roger Williams (R-TX) questioned whether the SEC considered the effects on small investment advisory practices, capital access and innovation when the agency proposed new Exchange and Private Fund Adviser rules.
The SEC charged Binance Holdings Limited –- the largest international crypto asset trading platform -- along with its beneficial owner and affiliated entities, with numerous violations of the securities laws.