Don’t trust before you verify. While advisors feel good any time a prospective client walks through the door, a small fraction of potential customers may have earned their money illegitimately. Some may be trying to launder proceeds from criminal enterprises such as drug-trafficking and racketeering, and the Bank Secrecy Act requires many wealth managers to set up procedures to detect such transactions and, potentially, to alert law enforcement. Bad actors “are definitely finding better ways to navigate ...

Regulatory Landscape - Deutsche Bank warns that a broad rollback of financial regulations in the US will give overseas competitors an edge [1]

Dodd-Frank Act Overview - The Dodd-Frank Act, enacted in 2010, represented the most significant overhaul of US financial regulations since the Great Depression [1] - The Act aimed to prevent a recurrence of the 2008 financial crisis by creating mechanisms for liquidating failing firms, policing economic threats, and monitoring mortgage lending abuses [1] - President Obama signed the bill into law on July 21st, hailing it as providing the strongest consumer financial protections in history [2] Legislative and Regulatory Challenges - Some analysts considered Dodd-Frank too lenient, while financial companies deemed it too strict, leading to partisan disputes and lobbying efforts [3] - In 2018, Congress rolled back key provisions of Dodd-Frank, including raising the bank asset threshold, exempting companies like American Express and Suntrust from higher compliance costs [3] - As of the 15th anniversary of Senate passage, major provisions of Dodd-Frank are still being contested, and some have yet to be rolled out [4] Current Status and Future Outlook - Congress is holding a hearing to discuss the lessons learned and the road ahead for Dodd-Frank [4]

Regulatory Concerns - TON 项目正试图推行“质押 10 万美元以获得阿联酋黄金签证”的计划，但缺乏监管部门的批准 [1] - 币安创始人 CZ 已经公开质疑该计划的真实性，阿联酋政府网站上没有相关更新 [1] - 阿联酋的 VARA、ADGM、SCA 等机构均要求质押许可，但 TON 基金会并未获得 [1] - 行业呼吁在冻结六位数资金之前，要求项目方提供实际的许可证编号和政府链接，以避免潜在的金融风险 [1] - 行业强调，项目方不应试图在没有必要文件的情况下出售受监管的金融产品 [1] - 监管漏洞可能比任何市场抛售更快地摧毁投资组合 [1] Financial Implications - 用户需要锁定价值 10 万美元的 TON 代币 3 年 [2] - 用户需要支付 35,000 美元的不可退还的“手续费” [2]