“Certain products are more complex or have additional risk features, which may make it more difficult for firms and their financial professionals to develop an understanding,” according to the SEC guidance, and “crypto asset securities” are among the examples provided. So when brokers or advisers talk to customers about crypto, the advisers must ensure those they’re advising understand the products and whether crypto offerings make sense for clients’ specific financial situations, according to the bulletin, which represents the staff’s view on existing regulations and isn’t a new rule.
Ferrari Races Into Web3 With Elite ‘Token Ferrari 499P’ Launch
Ferrari simply took its checkered flag swagger to the blockchain grid, rolling out “Token Ferrari 499P,” a digital token constructed...
