Nexo Fined $45 Million, The Latest Target in SEC Crackdown Spree

Nexo Capital Inc. was fined by the U.S. Securities and Exchange Commission (SEC) unregistered offer and sale of its lending product. The securities regulator said in a statement that Nexo agreed to pay a cumulative fine of $45 million. It includes a $22.5 million fine for offering and selling the…#nexocapitalinc #nexo #earninterestproduct #eip #productdeemed #secchair #garygensler #usmarkets #bulgaria #estonia
Source: Reuters: Health - Category: Consumer Health News Source Type: news