Tagged: special purpose broker dealer

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

August 15, 2023 @ 2:50 pm By JD Alois |

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

Read more in: Blockchain & Digital Assets, Featured Headlines, Politics, Legal & Regulation | Tagged aaron kaplan, finra, gary gensler, house financial services committee, patrick mchenry, prometheum, robert cook, sec, special purpose broker dealer

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

May 23, 2023 @ 11:12 am By JD Alois |

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

Read more in: Blockchain & Digital Assets, Investment Platforms and Marketplaces | Tagged aaron kaplan, benjamin kaplan, digital securities, prometheum, special purpose broker dealer