NYDFS Ups The Heat On Market Manipulation And Insider Trading
Published in
Feb 22, 2023
- The NYDFS had enhanced its ability to detect illegal activities like fraud and insider trading.
- Superintendent Adrienne Harris recently unveiled new market manipulation risk monitoring tools.
- These measures are meant to keep New York State-regulated entities in check.
The New York Department of Financial Services (NYDFS) has doubled down on illegal activities in the virtual currency industry in the State of New York. The department recently announced that it had enhanced its ability to detect illegal activities like fraud and front running through new insider trading and market manipulation risk monitoring tools.
