The Securities and Exchange Commission's 2016 Annual Report on Nationally Recognized Statistical Rating Organizations (NRSROs) notes increased rating activity for marketplace lending; says smaller NRSROs have increased market share by rating marketplace lending securitizations; rating agencies issuing ratings for marketplace lending transactions included KBRA, Fitch, S&P, Moody's and DBRS; of the 28 rated marketplace lending transactions in 2016, DBRS rated 28.6%, KBRA rated 25.0%, Moody's rated 25.0%, Fitch rated 7.1% and S&P rated 3.6%. Source
The current definition for accredited investors was established back in 1982; since then little has changed and to be an...
Avanti now needs FDIC insurance and acceptance into the Federal Reserve payments system to function as a bank and offer stable coin services.
In the SEC's suit against Binance, the regulator goes far beyond the "unregistered securities" take - but still lack the community's trust.
In this conversation, we chat with Tim Frost, CEO and Co-Founder of Yield App, a fintech app making DeFi accessible to everyone. Prior to founding Yield, Tim helped build 2 previous digital banks, Wirex and EQIBank. Tim has also helped accelerate early-stage blockchain startups QTUM, NEO, Paxful, Polymath, and many others.
More specifically, we touch on all things crypto banking and debit cards, crypto onramps, juristictions and regulation, defi banking, yield generation mechanisms, and so much more!
photo credit: Katie Tegtmeyer This is a question I get regularly: what does this “Quiet Period” thing mean? When discussing...
Visa’s Margaret Reid on the future of passwords and financial products The SEC must solve its cryptocurrency custody conundrum After...
Token for your thoughts? A flurry of activity indicates the technology may have hit an inflection point in the financial...
Bloomberg is reporting that beleaguered fund manager, Brendan Ross, has resigned as CEO of Direct Lending Investments; citing a letter...
Mr. Clayton is chairman of the Securities and Exchange Commission and Mr. Giancarlo is chairman of the Commodity Futures Trading Commission; in a Wall Street Journal article they share their perspective on regulation as it relates to cryptocurrencies; they discuss trading, listed bitcoin futures products, ICOs and more. Source