Commentary by Steven Lofchie
Senators Elizabeth Warren (D-MA) and Tina Smith (D-MN) challenged Fidelity Investments to defend its recent decision to allow investments in Bitcoin in its 401(k) investment plan menu.
The North American Securities Administrators Association identified the top four investor threats for 2022, based on a survey of North American securities regulators.
NFA set an effective date of May 31, 2023 for recently adopted rules which establish requirements applicable to firms engaging in "digital asset commodity" activities.
Senator Tim Scott (R-SC), Ranking Member of the Senate Banking Committee, outlined the Committee's Republican agenda for the 118th Congress.
The North American Securities Administrators Association warned investors of potential financial scams that take place in the Metaverse and recommended that investors do their due diligence.