The FTX collapse triggered an investigation into cryptocurrency communications by the U.S. financial self-regulatory organization FINRA

ChainCatcher news, according to Cointelegraph, after the FTX collapse, the Financial Industry Regulatory Authority (FINRA) has launched an investigation into the retail communications related to the cryptocurrency products and services offered by the company. According to an announcement on FINRA's official website, it is conducting targeted examinations of retail communications involving cryptocurrency asset products and services from major companies, covering the period from July 1, 2022, to September 30, 2022.

FINRA requires companies to provide additional information for each communication, such as the date of the initial public offering, whether it was filed with FINRA's advertising regulatory department, whether the company's responsible person approved the communication, and identification of the cryptocurrency assets or services mentioned in the communication. In addition to any relevant compliance rules or materials, FINRA also requires companies to submit written supervisory procedures to "review, approve, record, and disseminate" communications. (Cointelegraph)