New York Attorney General Letitia James is no stranger to controversy and to major legal forays such as her recently proposed legislation, described as “the strongest and most comprehensive set of regulations” in the U.S. to govern cryptocurrency markets. The proposed legislation, the Crypto Regulation, Protection, Transparency & Oversight (CRPTO) Act, would give James more… Read More >>
NY AG, Regulators Charge Safeguard Metals with Fraud
New York Attorney General Letitia James has filed suit against Safeguard Metals LLC, a precious metals company, and its owner and manager, Jeffrey S. Santulan, alleging that they defrauded investors, including many seniors, across New York and the United States. The lawsuit, originally filed by the U.S. Commodity Futures Trading Commission and a bipartisan coalition… Read More >>
TFS-ICAP Faces CFTC’s Charges after NYAG Convictions
The CFTC has charged an English interdealer broker TFS-ICAP Ltd. and its American branch TFS-ICAP LLC with fraud and supervisory failures, and is alleging that a board chairman, CEO and senior manager affiliated with the company were responsible for fraudulent conduct. The regulator’s case follows guilty pleas entered by the U.K. firm and its U.S…. Read More >>
