OCIE Prioritises Cryptocurrency as a High Risk Market for Investors in 20194.4

In a report by the Office of Compliance Inspections and Examinations (OCIE) of the US Securities and Exchange Commission (SEC), the cryptocurrency space has been named as a priority. The body states that the industry may pose high levels of risk to retail investors.

The OCIE oversees thousands of investment advisers, mutual funds and ETFs, and broker-dealers, along with many agents, advisers, and various exchanges. The body’s stated mission is aid the SEC in protecting investors, maintaining the fairness and efficiency of markets, and the easing of capital formation by way of inspections and examinations of various market participants.

Original source
https://www.newsbtc.com/2019/01/11/ocie-cryptocurrency-high-risk/

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