US Regulator Fines and Suspends Former Banker for Mining Bitcoin

2019-6-15 16:11

By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business activity in December 2017 without giving his former employer a written notice.

Kim is an ex-employee of Bank of America-owned broker-dealer Merrill Lynch, Pierce, Fenner & Smith Inc. FINRA claims Kim’s bitcoin mining venture was a violation of its rules. The rules prohibit members from serving as an ‘employee, independent contractor, sole proprietor, officer, director or partner of another person’ outside of their

The post US Regulator Fines and Suspends Former Banker for Mining Bitcoin appeared first on CCN Markets

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Источник: ccn.com

former mining → Результатов: 58


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