The secret and the Finra launched an incubination in the commercial activity of Susssaouous before the companies listed on the stock exchange anenyed plan to acquire Crypto.
The regulators believe that certain investors may have benefited from having a prior and non-public knowledge of these Crypto-Trésor announcements, potentially violating the fair disclosure rules.
BRAVO possible fair disclosure rules
The investigation focuses on the cash flow companies listed on the stock market, which are companies that declare plans to acquire capital and buy cryptocurrencies. More.
The regulators have identified “suspicious negotiation models”, including high trading volume peaks and sudden price increases in the days or hours before companies canceled them by crypto purchasing plans. Actions suggest that at least some investors could have benefited by negotiating on internal information.
The latter have already committed several companies on the violations of fair disclosure of potential regulations (RG FD), a provision requiring that compactive and non -plica information be blurred rather than selectively. The Browing Financial Watch is a concert that some have been included on the purchases of impregnated crypto and took advantage of the sale of companies’ actions before the new version.
Experts agree that these violations endanger the market value and expose companies to legal republics and the consequences of reputation. Even on the largest non -crypto financial market, the agency has such reserves on diet vioots. Consequently, this level of control raises the probability that cryptocurrency companies will face more strict restrictions in the near future.
Corporaate Crypto Boom under the microscope
The investival occurs in a context of more companies that move to adopt cryptocurrency. The first movers have already helped the treasures of digital assets to attract more than $ 20 billion in venture capital this year, with more than $ 100 billion engaged in the crypto purchasing plans.
Public companies now hold more than a million BTC, $ 113 billion and $ 5.26 million, $ 20.6 billion. The monthly DAT increases were made to $ 6.2 billion in July, representing the total of Chainger in Monh Chainger ever recorded.
The regulators are now faced with the challenge of the key. This growing trend does not open new avenues for the initiate offense and selective disclosure.
Lawyers argue that the investment of business treasury bills signals the Confederation to the long-term value of cryptocurrencies. How, there are concerns about the pace of your companies that disclose market information and collect funds, which is a selective disclosure of cutting, leaks and manipulative exchanges.
SEC and FINRA said that the cryptographic treasury boom should operate with existing and proactile securities laws against susceptible patterns. If misconduct is discovered, the law on the application of the law follows, establishing a precedent for future regulations for the adoption of digital assets.
