Wall St. watchdog FINRA to bulk up crypto capabilities, CEO says

NEW YORK, June 14 (Reuters) – The Financial Industry Regulatory Authority plans to increase its resources to understand and monitor cryptocurrencies as more of the Wall Street watchdog’s members trade digital assets, Chief Executive Officer Robert Cook said on Tuesday.”We are already having to be engaged in the space and we think that as a result it’s appropriate for us to bulk up our capabilities there,” Cook said at a trading industry conference.FINRA has several dozen members that have been approved to trade digital asset securities, as well as members who allow customers to access crypto products, and members …
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