SEC Should be Investigated Over its Approach to Crypto: Congressman Ritchie Torres

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SEC Should be Investigated Over its Approach to Crypto: Congressman Ritchie Torres
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Rep. Torres (D-N.Y.) requested investigations into the SEC granting a special purpose broker-dealer (SPBD) licence to Prometheum, “a trading digital assets platform that does not trade digital assets,” under unusual circumstances, and for its failure to create a rigorous but workable process for registering real-world digital assets platforms.

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