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