QueensBitcoin on Nostr: This article by L0la L33tz is interesting. According to L0laL33tz The SEC (U.S. ...
This article by L0la L33tz (npub1mzn…6mak) is interesting.
According to L0laL33tz The SEC (U.S. Securities and Exchange Commission) expands their definition of what an exchange is to be inclusive of:
"systems that bring together buyers and sellers of securities that offer the use of non-firm trading interest and provide another type of non-discretionary method (i.e., communication protocols). The proposed amendments would require these systems to register as national securities exchanges or as broker-dealers and comply with Regulation [Alternative Trading Systems] ATS."
L0la L33tz (npub1mzn…6mak), please site where this quote is taken from.
https://www.therage.co/gensler-to-rule-on-licensing-requirements-for-communication-protocols-2/
According to L0laL33tz The SEC (U.S. Securities and Exchange Commission) expands their definition of what an exchange is to be inclusive of:
"systems that bring together buyers and sellers of securities that offer the use of non-firm trading interest and provide another type of non-discretionary method (i.e., communication protocols). The proposed amendments would require these systems to register as national securities exchanges or as broker-dealers and comply with Regulation [Alternative Trading Systems] ATS."
L0la L33tz (npub1mzn…6mak), please site where this quote is taken from.
https://www.therage.co/gensler-to-rule-on-licensing-requirements-for-communication-protocols-2/