SEC accuses fintech investment adviser of violating regulations

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The Securities and Exchange Commission has accused Titan Global Capital Management USA, a fintech investment advisor, of deceiving investors through performance metric advertisements.

Tian has agreed to pay over USD 1 million to settle the charges in the first case involving the SEC’s revised marketing rule, without admitting or disputing the conclusions.

According to the SEC, Titan advertised “annualized” performance results for its cryptocurrency strategy as high as 2,700% between August 2021 and October 2022 on its website. Titan offers a variety of complex strategies to retail investors through its mobile trading app.

Read More: SEC charges fintech investment adviser with violating marketing rule

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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