Mercurity Fintech Subsidiary Chaince Securities, Receives FINRA Approval for Broker-Dealer Ownership Transfer
Mercurity Fintech Holding Inc. - American Ordinary Shares (MFH)
Company Research
Source: GlobeNewswire
New York, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (“Mercurity Fintech,” “the Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group, today announced that its wholly owned subsidiary, Chaince Securities Inc. (“Chaince Securities”), has received approval from the Financial Industry Regulatory Authority (“FINRA”) for the change in ownership of J.V. Delaney & Associates ("JVDA"), a fully licensed broker-dealer established in 1982.This approval was granted pursuant to a continuing membership application under FINRA Rule 1017. This decision authorizes the next steps in finalizing Chaince Securities’ acquisition of 100% ownership of J.V. Delaney & Associates. The acquisition reflects Mercurity Fintech’s strategic vision to bridge innovative digital finance and traditional financial services. It is important to note that the approval pertains exclusively to the change in ownership and remains contingent upon meeting specific operati
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