The SEC is conducting an investigation into brokers who are offering crypto investments to their clients.
The investigation is focused on whether the brokers are providing adequate disclosure about the risks associated with investing in cryptocurrency. The SEC is also looking into whether the brokers are properly registered to offer such investments. The investigation is part of the SEC‘s ongoing efforts to protect investors from fraud and other improper practices related to the sale of digital assets. If any wrongdoing is found, the SEC could take enforcement action against the brokers. The investigation is still in its early stages and no specific companies have been named.