SEC Charges Cumberland DRW for Operating as Unregistered Dealer in Crypto Asset Markets
October 12, 2024
October 12, 2024
WASHINGTON, Oct. 12 -- The Securities and Exchange Commission issued the following news release on Oct. 11, 2024:
The Securities and Exchange Commission today charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in more than $2 billion of crypto assets offered and sold as securities, in violation of the registration requirements of the federal securities laws that are designed to protect investors.
According to the SEC's complaint, since at . . .
The Securities and Exchange Commission today charged Chicago-based Cumberland DRW LLC with operating as an unregistered dealer in more than $2 billion of crypto assets offered and sold as securities, in violation of the registration requirements of the federal securities laws that are designed to protect investors.
According to the SEC's complaint, since at . . .