SEC Fines BlackRock $2.5 Million as Bitcoin ETF Review Awaits


The U.S. Securities and Exchange Commission today settled charges against BlackRock for "failing to accurately describe investments in the entertainment industry"—with the Wall Street giant agreeing to pay a $2.5 million fine.
The charges come as the financial world awaits the results of the SEC's review of BlackRock's application for a Bitcoin exchange-traded fund (ETF),…

This story from was posted on 2023-10-25 by @birdsky.


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