FINRA says rules still apply in the metaverse

The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.

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The Financial Industry Regulatory Authority (FINRA), a non-governmental, self-regulatory organization, recently published a report outlining the potential regulatory implications for securities and finance firms operating in the metaverse. 

Along with a breakdown of the current state of metaverse activity in the finance industry and projections for the technology’s future, FINRA also dedicated several paragraphs of the report to reminding businesses that both its rules and relevant government regulations apply to their activities in the metaverse just as they would otherwise. 

FINRA announces the publication of its comprehensive metaverse report on X.com. Source: FINRA

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