United States of America: Montana Commissioner of Securities investigation into YieldTrust AI over alleged offering of unregistered securities
Progress
Current status
under investigation
04 Apr 2023 under investigation
Scope
Implementers
United States of America
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
ML and AI development
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Announced Montana Commissioner of Securities order in the investigation into YieldTrust AI over alleged offering of unregistered securities
On 4 April 2023, the State Auditor and Commissioner of Securities and Insurance issued a cease and desist order in the investigation into YieldTrust AI over the alleged offering of unregistered securities in the State. The Commissioner of Securities…
Event type
investigation
Action type
interim ruling
Government branch
executive
Government body
other regulatory body