Broker-Dealers


Finance

Wall Street's Cantor Fitzgerald to Open Bitcoin Financing, Lending Business

The financial services company will start with $2 billion in lending.

Howard Lutnick (Danny Nelson/CoinDesk)

Opinion

DeFi Shouldn't Have to Worry About the SEC’s Expanded Broker Rule

A move to expand regulatory oversight over hedge funds and market makers could also rope in AMMs, experts say. But if these protocols cannot comply, is it really a threat?

Securities and Exchange Commission Chairman SEC Gary Gensler (Jesse Hamilton/CoinDesk, modified)

Policy

Come in and Register? These Firms Say They Found an SEC-Friendly Crypto Path

As the industry fights with the U.S. regulator over “impossible” demands, Prometheum Capital and others win approvals to deal in crypto securities.

The U.S. Securities and Exchange Commission settled fraud accusations with firms associated with Archblock and the TrueUSD stablecoin. (Jesse Hamilton/CoinDesk)

Policy

SEC Directs Examiners to Focus on How US Broker-Dealers Are Pitching Crypto

The U.S. securities regulator issued its annual examination priorities on how it’ll keep track of emerging risks. The handling of crypto was one of the highlights.

Comisión de Bolsa y Valores de Estados Unidos. (Jesse Hamilton/CoinDesk)

Finance

Paxos Adds Financial Adviser Crypto Trading to Brokerage Platform

While just 15% of financial advisers are allocating crypto in customer accounts, 94% have received crypto-related questions from clients, said Paxos, citing recent survey data.

CoinDesk placeholder image

Policy

The SEC's New Proposal to Redefine 'Dealer' Could Spell Bad News for DeFi

The 200-page proposal is ostensibly about the electronic trading of U.S. Treasurys – but many industry insiders smell a sneak attack against crypto.

SEC Chair Gensler Testifies Before Senate Banking Committee (Evelyn Hockstein-Pool/Getty Images)

Finance

Winklevoss-Owned Gemini Galactic Snags FINRA Broker-Dealer Approval

The license could open up future opportunities around digital securities trading.

Gemini ad

Finance

Crypto Trading Business Apifiny Snags FINRA Broker-Dealer License

Apifiny connects professional traders with 40-odd global exchanges to search the best execution prices.

Apifiny's employees in a photo from 2020.

Finance

Anchorage to Custody Digital Securities for Prometheum’s Retail Trading Platform

The custodian’s bank charter allows it to hold digital assets for broker-dealers and their clients, said Anchorage CEO Nathan McCauley.

Anchorage CEO Nathan McCauley

Markets

Crypto Firm Uphold Gets US OK to Buy Broker-Dealer JNK Securities

Uphold is set to become one of the first cryptocurrency businesses in the U.S. to offer securities on an omnibus basis to retail investors, the company said.

Green light

Pageof 3