The Financial Industry Regulatory Authority Inc. has approved the broker-dealer status of Gemini Galactic Markets, an affiliate of Gemini Trust Co., which is controlled by twins Cameron and Tyler Winklevoss.
As a result of the approval, Gemini Galactic can operate an alternative trading system, which will facilitate the trading of digital asset securities, it said in a blog post on its website.
The initial securities to be traded on the platform include private placements, and may eventually include public offerings, John Reinhardt, Gemini’s director of custody operations, told the website CoinDesk.
Wealth managers highlight strategies for clients trying to retire before 65 without running out of money.
Shares of the online brokerage jumped as it reported a surge in trading, counting crypto transactions, though analysts remained largely unmoved.
President meets with ‘highly overrated globalist’ at the White House.
A new proposal could end the ban on promoting client reviews in states like California and Connecticut, giving state-registered advisors a level playing field with their SEC-registered peers.
Morningstar research data show improved retirement trajectories for self-directors and allocators placed in managed accounts.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
