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Venture Capital Expected To See More Regulatory Scrutiny After FTX

The Commodity Futures Trading Commission's Christy Goldsmith Romero spoke about a "trust deficit" among venture capital firms in a speech delivered last month. Romero added there should have been red flags regarding FTX, giving voice to growing rumbling from Washington about the industry. 

Experts say the Securities and Exchange Commission is homing in on venture capital funds investing in digital assets following market fallout that's turned a crypto fundraising boom to a bust. 

The SEC’s Division of Examinations named “crypto-assets” and other emerging tech as a top priority for 2023 on Tuesday. The agency said it would examine broker dealers and registered investment advisers following “disruptions caused by recent financial distress.” 

(By Sarah Wynn)

FTX SEC
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