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Financial deregulation already in progress

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Financial deregulation already in progress
stpioc Offline
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#6
09-07-2017, 12:49 PM
Quote:A growing number of tech companies are raising funds by issuing their own digital currencies for investors to buy. But the practice is completely unregulated. Is another financial scandal just around the corner? 

The US Securities and Exchange Commission recently warned investors against fake ICOs and "pump and dump" scams, whereby fraudsters spread rumours and false information about potential ICOs in the hope of boosting a company's share price. Once the share price rises, the fraudsters sell, or dump, the shares at a profit.
Is this the next financial scandal waiting to happen? - BBC News
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RE: Financial deregulation already in progress - by stpioc - 09-07-2017, 12:49 PM

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