FINRA may hire employees terminated from crypto firms: Report
2022.06.15 22:01
FINRA may hire employees terminated from crypto firms: Report
The United States Financial Industry Regulatory Authority, or FINRA, reportedly plans to “bulk up” its capability to monitor crypto — a move that could include scooping up employees recently terminated from crypto companies.
According to a Tuesday Reuters report, FINRA president and CEO Robert Cook encouraged crypto workers who expect to be on the chopping block to reach out to the financial regulator as part of its efforts to increase resources related to the space. Major crypto exchanges in the United States including Coinbase (NASDAQ:COIN) and Gemini have announced plans to cut staff amid extreme market volatility, likely resulting in the loss of thousands of jobs.
