Get access to our best features
Get Started
Subscribe
Israel-Hamas Conflict
US Politics
Republican Party
Tornado
US Crime
Mother's Day
Donald Trump
Joe Biden
US Social Issues
US Economy
Baseball
Golf
Senate
Get access to our best features
Get Started
Published 8 months ago

Linus Financial Agrees to Settle SEC Charges of Unregistered Offer and Sale of Securities

Summary by Ground News
The SEC determined not to impose civil penalties against Linus Financial because of the Nashville-based company's cooperation and prompt remedial actions. The SEC finds that the Linus Interest Accounts were offered and sold as securities, and that the offers and sales did not qualify for an exemption from SEC registration. The company agreed to a cease-and-desist order prohibiting it from violating the registration provisions of the Securities Act of 1933.

0 Articles

All
Left
Center
Right
News File CorpNews File Corp

Linus Financial Agrees to Settle SEC Charges of Unregistered Offer and Sale of Securities

Washington D.C.--(Newsfile Corp. - September 7, 2023) - The Securities and Exchange Commission today announced settled charges against Linus Financial, Inc. for failing to register the offers and sales of its retail crypto lending product, the Linus Interest Accounts. The SEC determined not to impose civil penalties against Linus Financial because of the Nashville-based company’s cooperation and prompt remedial actions.According to the SEC’s ord…

8 months ago
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

TechTech
SECSEC
Washington DCWashington DC
Trending Topics
Ground News logo
US
App Store IconPlay Store Icon
CompanyAboutHistoryMissionBlogTestimonialsGroup SubscriptionsSubscribeGiftFree TrialCareersAffiliates
HelpHelp CenterFAQContact UsFor Educators/LibrariesMedia Bias RatingsOwnership and Factuality RatingsReferral CodeNews SourcesTopics
ToolsAppBrowser ExtensionDaily NewsletterBlindspot Report NewsletterBurst Your Bubble NewsletterTimelines
DonatePrivacy PolicyManage CookiesTerms and Conditions
© 2024 Snapwise Inc.
News
For You
Search
BlindspotLocal