The employee, Kyung Soo Kim, was said to have not complied with rules governing mining the digital currency. Kim failed to notify FINRA of the mining operation and has also been barred from associating with FINRA-associated firms for a month.
Read the full article from Cointelegraph.
Ex-Merrill Lynch Employee Fined for Not Reporting Crypto Activity
The Financial Industry Regulatory Authority, a U.S. regulatory body, fined a former Merrill Lynch employee $5,000 for not reporting the mining of cryptocurrency. So reports Cointelegraph.