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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto June 4, 2024 13:31:00

A million dollars, almost $1.3 million in the end. she s going to cooperate with this ongoing investigation and gary gensler saying she was helpful and she has agreed not to promote crypto assets for the next three years. some have said crypto is the wild west and isn t regulated and we don t know how celebrities and influencers should behave in regards to crypto and gary gensler of the s.e.c. chief said, no, this is good old fashioned securities law. listen. we ve brought these types of cases over the decades but even in the last five years with regard to crypto it s really important that the public understand if somebody is touting a crypto security token that are they getting paid and how much are they getting paid. so he went on to even publish a video for the s.e.c. really ....

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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto June 4, 2024 13:30:00

Asset. so she s agreed to pay $1.3 million as a fine to the sec. this is failure to disclose she was paid to promote that company on instagram. she also agreed to cooperate with the ongoing investigation. christine romans is here with more. i thought the statement after this was announced this morning from commissioner gensler was interesting. the bigger picture is protecting invest he wishes. a cryptocurrency or token is like a financial investment in terms of if you are promote tg you can t just say #ad at the end which is what kim kardashian did on her instagram posting but you have to disclose you are being paid, she was paid $250,000 to promote this particular crypto spoken. this was last summer, she used instagram to do that and she did not disclose to her many followers that she actually was being paid to do that. she will pay that money back to the government, dis gorgement they call it and another fine of ....

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Few investors made it through 2021 and 2022 without learning of, discussing, or perhaps purchasing, cryptocurrency or other blockchain assets, and the federal agency responsible for. ....

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Financial Services Industry Year In Review: Regulatory Enforcement And Litigation Trends In 2021 And Beyond - Finance and Banking

Just like the rest of us, the financial services industry wasn't immune from the numerous and unprecedented pandemic-related challenges over the past year. ....

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SEC Commissioner Gensler Eyes Rule 10b5-1 Plans

SEC Commissioner Gensler Eyes Rule 10b5-1 Plans
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