The Financial Industry Regulatory Authority (FINRA) has fined Oppenheimer & Co. $525,000 on allegations that it “negligently misrepresented” cost basis information for customer account statements and IRS 1099 tax forms and is requiring the firm to bring in a consultant to recommend changes to the procedures, systems, and controls used to track cost basis data…. Read More >>
Digital Asset Open Sources Its Smart Contract Language
Distributed ledger pioneer Digital Asset is open sourcing its smart contract language, the Digital Asset Modeling Language (DAML), to facilitate the rapid adoption of distributed ledger technology (DLT) applications regardless of the platform. The source code for the DAML language, runtime, and Software Development Kit (SDK) will be freely available under an Apache 2.0 open… Read More >>
