US regulators have fined Tezos cofounder Arthur Breitman $20,000 and barred him from broker-dealer interaction until 2020, Reuters reports April 20.
According to an agreement between Breitman and Wall Street’s Financial Industry Regulatory Authority (FINRA) sealed April 18, a failure to disclose “outside business activities” related to Tezos while working for Morgan Stanley (NYSE:MS) triggered the penalties.