The U.S. Securities and Exchange Commission (SEC) announced on Feb. 19 that they have ordered a cryptocurrency company Enigma MPC to return initial coin offering (ICO) funds to its investors. The federal agency is also ordering the blockchain startup to pay fines. The...
Month: February 2020
What risk aversion questions should your investment advisor ask?
Your investment advisor has many different responsibilities. These are commonly referred to as their fiduciary duties. Your portfolio manager must carefully research potential trades before making them and disclose any associated risks with you before doing so. If...
‘Crypto Mom’ has new proposal
The so-called "Crypto Mom", who earned her nickname because of her ardent support of cryptocurrencies, has a new plan to let firms move these digital assets. It appears to be a long shot, but it will be worth keeping an eye on it.The woman has been called the "U.S....
Kentucky governor warns for investment scams
The governor and other elected officials in Kentucky recently warned residents about a number of different scams that they need to watch out for in 2020. It sometimes feels like there are more ways to lose your money than you can count. Officials want residents to be...