Sentences with phrase «of a national securities exchange»

Many platforms refer to themselves as «exchanges,» which can give the misimpression to investors that they are regulated or meet the regulatory standards of a national securities exchange.»

«Platforms that engage in the activity of a national securities exchange, regardless of whether that activity involves digital assets, tokens, or coins, must register with the SEC or operate pursuant to an exemption,» Marc Berger, director of the SEC's New York Regional Office, said in a statement.

«As discussed further below, the Commission is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6 (b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest.»

Participants in STAMP2000 may include financial institutions such as banks, savings and loan associations, trust companies, credit unions, broker - dealers, and member firms of a national securities exchange.

Harry also regularly advises public companies on compliance with ongoing SEC reporting obligations and other securities laws, including Section 16 (b) compliance, Rule 10b5 - 1 plans, the Sarbanes - Oxley Act, Form S - 8 and proxy disclosure, as well as the corporate governance listing requirements of the national securities exchanges.

«Many platforms refer to themselves as «exchanges,» which can give the misimpression to investors that they are regulated or meet the regulatory standards of a national securities exchange.»

«Many platforms refer to themselves as «exchanges,» which can give the misimpression to investors that they are regulated or meet the regulatory standards of a national securities exchange,» said the SEC in a statement on its website.

All of the national securities exchanges, like the New York Stock Exchange, Chicago Stock Exchange, or Cboe Exchange, are registered with the SEC.

But this is not the case, as they are not registered with SEC and thus not obliged to meet the regulatory standards of a national securities exchange.

Currently, though some platforms may say they have «strict standards to pick only high - quality digital assets to trade» these standards are not reviewed by the SEC, and they «should not be equated to the listing standards of national securities exchanges».