Crypto May No Longer Be Treated Like Penny Stocks Under SEC Plan

The US Securities and Exchange Commission has proposed narrowing Exchange Act Rule 15c2-11 so that it applies only to equity securities, a technical change that could carry outsized significance fo...

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Crypto May No Longer Be Treated Like Penny Stocks Under SEC Plan

Source: Bitcoinist.com

The US Securities and Exchange Commission has proposed narrowing Exchange Act Rule 15c2-11 so that it applies only to equity securities, a technical change that could carry outsized significance for crypto market structure. For digital assets, the proposal signals a more tailored regulatory approach after years of trying to force crypto into frameworks built for […]