FINRA Fines Former Merrill Lynch Employee $5,000 for Not Reporting Crypto Mining Activity
Cointelegraph
Published Jun 13, 2019 07:21AM ET
Updated Jun 13, 2019 07:42AM ET
FINRA Fines Former Merrill Lynch Employee $5,000 for Not Reporting Crypto Mining Activity
The United States regulatory body, the Financial Industry Regulatory Authority (FINRA), has charged one of Merrill Lynch’s staff $5,000 for mining cryptocurrency. Documents dated June 10 confirm the fine.
According to the “letter of acceptance, waiver and consent” signed by the employee, Kyung Soo Kim, FINRA took action when it appeared the activities did not comply with its rules associated staff.
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Written By: Cointelegraph
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