Tagged: aaron kaplan

Prometheum Comments on CCP Affiliation Question from House Financial Services Committee Republicans

Yesterday, Republicans on the House Financial Services Committee revealed a letter sent to both the Chair of the SEC, Gary Gensler, and the President of FINRA, Robert Cook. The letter was addressing the relationship with Prometheum, a broker-dealer that aims to provide digital asset services…. Read More

Digital Assets: Chair of House Financial Services Sends Letter to SEC, FINRA Questioning Prometheum Relationship, Says Investor Has Ties to CCP

The Chair of the House Financial Services Committee, Representative Patrick McHenry, along with other Committee Republicans, have sent a letter to the Chair of the SEC, Gary Gensler, as well as the FINRA President Robert Cook, questioning the relationship with Prometheum and the approval for… Read More

Broker Prometheum Says It Has Blueprint for Bringing Crypto Trading into Regulated Market

The US Securities and Exchange Commission (SEC) has announced separate lawsuits against crypto giants, Binance and Coinbase. A brokerage company now claims that it has a blueprint in order to bring crypto trading into the larger regulated market. As first reported by the WSJ, Prometheum’s… Read More

Prometheum Approved as Special Purpose Broker for Digital Asset Securities Following ATS Approval

Prometheum Ember Capital LLC, a subsidiary of Prometheum Inc., has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a special-purpose broker-dealer for digital asset securities. Prometheum states that they are the first broker-dealer to receive this type of approval from FINRA…. Read More

Prometheum ATS to Trade Digital Asset Securities

Prometheum Ember ATS has announced a FINRA and SEC-regulated trading platform that will aim to provide liquidity for “digital asset securities.” Prometheum has received approval to operate an ATS or Alternative Trading System. Before operating an ATS, a platform must be an approved as a… Read More

Prometheum Digital Asset Network Still Waiting on Reg A+ Qualification by SEC

Prometheum, a platform for creating and trading “cryptosecurities” is still waiting on the SEC to qualify its Reg A+ offering seeking up to $50 million. The company first filed their Form 1-A back in 2017 – claiming to be the first digital asset focused issuer… Read More

Prometheum Files Reg A+ for ICO, Claims they have “Cracked the Code” as to How to Accomplish

Most securities initial coin offerings (ICOs) are being filed under Reg D 506c in the US. This enables an issuer to sell securities to accredited investors. Reg A+, an updated securities exemption, enables issuers to offer securities to both accredited and non-accredited investors. Reg A+… Read More

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