📊 FINRA, the self-regulatory agency for securities broker-dealers in the U.S., includes cryptocurrencies in its 2024 annual report for the first time, following SEC guidelines, requiring member firms to report various cryptocurrency-related activities. The report highlights a higher non-compliance rate in the cryptocurrency sector but doesn't specify whether certain cryptocurrencies are deemed securities while emphasizing compliance with SEC regulations. 📈💼📑 #Cryptoregulations #FINRA #SEC

**🚨 Just In: Cautionary Statement on Cryptocurrency Investment 🚨**
Six prominent institutions and organizations, including the U.S. Securities and Exchange Commission (SEC), have issued a cautionary message as part of the World Investor Week campaign regarding cryptocurrency investments. They emphasized the high volatility and speculative nature of cryptocurrencies and the potential lack of investor safeguards on trading platforms. Additionally, these platforms may not always comply with current laws, including federal securities laws. The statement also highlighted the increasing frequency of fraudulent activities targeting individual cryptocurrency investors, urging caution when investing in cryptocurrencies. The participating agencies and organizations in this campaign include the SEC, FINRA, CFTC, NFA, SIPC, and NASAA.
#CryptocurrencyInvestment #InvestorAlert #SEC #FINRA #CFTC #SIPC #NASAA #InvestorProtection