It's virtually impossible to visit a financial website without seeing something about crypto assets, and business in this area is booming. In fact, crypto assets now have a collective market capitalization of around $2.3 trillion, according to the Financial Industry Regulatory Authority.
However, many firms advertising crypto products may be coming up short in their communications with retail investors.
At the 2024 FINRA Advertising Regulation Conference, Ira Gluck of FINRA moderated a panel entitled "The Latest in Crypto Asset Communications" featuring Jason Foye, vice president of Illicit Finance and Fraud at FINRA, FINRA Principal Analyst Michele Viney, and...