Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Deutsche Bank encouraged its equity research analysts to communicate frequently with customers as well as its own sales and trading personnel, but lacked the proper oversight and compliance to prevent its analysts from disclosing yet-to-be-published views and analyses.
"Information generated by research analysts such as ratings, views, estimates, and trading recommendations can move markets," said Antonia Chion, associate director of the SEC Division of Enforcement. "Broker-dealers must maintain and enforce policies and procedures that are reasonably designed in light of the nature of their business to prevent the misuse of such information."
The SEC also found that Deutsche Bank issued a Buy rating on a research report done on Big Lots, Inc. (NYSE: BIG), but the analyst told people privately that it should have actually been downgraded.
That analyst was charged by the SEC earlier this year.
At last check, Deutsche Bank was down 1.36 percent at $13.41.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.