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Finance & Markets

SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities

The Securities and Exchange Commission today charged private fund adviser Meyer Global Management LLC (MGM) and its CEO, Owen E.H. Meyer, with defrauding investors and MGM-managed funds in connection with investments in SpaceX and other pre-IPO…

We haven't written up this one. SEC Press Releases has the full story — the link below goes straight to it.

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FCA Begins Vetting Crypto Companies for UK Market Access

The United Kingdom’s Financial Conduct Authority has begun accepting applications from crypto firms that want to be brought into full FCA regulation when the country’s new crypto framework comes into effect next year, the regulator said in a Wednesday (Sept. 30) press release.

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