Executive Director and President of cryptocurrency exchanges Coinbase Asif Hirji (Asiff Hirji) reported that the company hired for the position of head of compliance unit Jeff Horowitz (Jeff Horowitz), who moved at her with the same positions at Pershing LLC, a subsidiary of The Bank of New York Mellon.
In addition, he previously led the implementation of the AML programme at Citigroup, Goldman Sachs and Salomon Brothers, responsible for banking regulation in the Federal Corporation on insurance of deposits (FDIC), was part of the Advisory group on legislation of banking secrecy in FinCEN and the Advisory Committee on compliance to FINRA.
The appointment of Horowitz must provide the head of the crypto currency exchange on legal issues and risks Lampers Mike (Mike Lempres) ability to focus on working with the public authorities.
Recall that less than two weeks ago, Coinbase was formed a political action Committee (PAC). Previously, Coinbase representative said that the company has received approval from the SEC and FINRA for the purchase of three brokerage firms: Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC. These acquisitions are part of a plan of exchange by the license of broker-dealer and permit the listing of security tokens. However, already next day a press-the Secretary Coinbase Rachel Horwitz (Rachael Horwitz) said that the company had not received the approval of regulators.