On the recordNovember 18, 2014
I think the FSOC is very well aware of some other steps that need to be taken.
Source
congress.govI think the FSOC is very well aware of some other steps that need to be taken.
Toomey emphasizes the FSOC's awareness of necessary actions beyond just increasing fees.
Share
More from Pat Toomey
There was unauthorized lending of customer assets to an affiliated entity, and there were apparently fraudulent promises to investors and customers about FTX's operations.
Cryptocurrencies can protect against inflation when Governments irresponsibly manage their own currencies.
I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.