On Monday, New York FinTech investment adviser firm Titan Global Capital Management came to a settlement with the U.S. Securities & Exchange Commission after being charged with some misleading representations around its digital asset product. In particular, the financial markets regulator said it the firm advertised hypothetical performance results with figure as high as 2,700% in return for customers. In a cease-and-desist order, the SEC observed that Titan had failed to properly include otherwise important information to its online disclosures, as well as conflicting its clients about certain matter and not having in place any policies about its employees’ individual trading activities. As a consequence, the firm was directed to pay over $1 million in fines chiefly to be distributed to parties affected by the misleading adds. In the meanwhile, the SEC warned all firms “with highly complex strategies” to take a view on complying with strict requirements that helps to inform investors truly and honestly. As far as Titan Global Capital Management is concerned, without committing to conclusions about its liability, it has nonetheless shown a spirit of adherence cooperating in this prosecution.