The New York Attorney General proposed revisions to registration requirements in order to "streamline and enhance" supervision of the securities industry in New York.
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The New York State Investor Protection Bureau finalized two rules that will modernize registration and filing requirements by transitioning filings and payments to standardized national systems.
The New York State Office of the Attorney General issued guidance on state registration and filing requirements for brokers, dealers and investment advisers. The new guidance "elaborates" on 2020 rule changes that transitioned filings and payments to standardized national systems.
A broker-dealer entered into settlements with the State of Massachusetts for state registration and supervisory violations. The enforcement action garnered public attention because the firm had employed Keith Gill, better known as "Roaring Kitty," the primary proponent of buying GameStop.
The New York Attorney General filed a Complaint against a cryptocurrency company for unlawfully operating as a virtual currency broker and misleading investors regarding its registration status.