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The Latest Breaking News from SEC

New Jersey businessman tells jury he bribed embattled Sen. Bob Menendez with a Mercedes-Benz

José Uribe reached a plea deal with prosecutors in March. He testified in the ongoing trial

Latin Times

The Texas Stock Exchange has its work cut out for it

In the U.S., stock exchange market share has long been concentrated in the top two.

Axios

Secret Service Prepares For Pro-Palestinian Demonstrations In Washington DC

Secret Service prepares for pro-Palestinian demonstration in DC with heightened security measures to ensure safety and order.

Top News

From analysis to the latest developments in health,
read the most diverse news in one place.

Roaring Kitty was poised to become a billionaire, but GameStop threw a monkey wrench in the plan

The brick-and-mortar retailer surprised with a plan to sell up to 75 million newly issued shares for no specific reason, sending the stock tumbling back to earth.

Fortune

SEC Chief Gensler Says Approval Of Ethereum ETFs Depends On 'How Responsive' Issuers Are

Spot Ether ETFs may have a long way toward S-1 approval, at least based on SEC Chair Gensler's latest remarks that it will all fall on whether applicants are "responsive" or not.

International Business Times

A crypto wunderkind’s $200 million fund had the backing of investors like Bill Ackman and Galaxy. Then everything went south

An investigation into Shima Capital and its founder, Yida Gao.

Fortune

Crypto Community Divided After Robinhood Announces $200M Acquisition Of Bitstamp

Robinhood will acquire crypto exchange Bitstamp – the announcement has had the crypto community divided, with some unsure if the move will be beneficial for the sector or not.

International Business Times

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Franklin Templeton Reportedly Mulls New Altcoin Crypto Fund

Franklin Templeton has been in the crypto space for several years now and it appears the asset management giant isn't slowing down as a new report revealed that it is considering the launch of an altcoin-based crypto fund.

International Business Times

12 Things You Didn't Know About Jackson Koivun

Get to know amateur golfer Jackson Koivun better with these 12 facts

Golf Monthly

Robinhood defies the SEC by forking over $200 million for a crypto exchange

The company, which received a Wells Notice from the SEC in May, touted the move as “a major step in growing our crypto business.”

Fortune

How is this former college golf superstar settling in to life as a LIV Golf member?

In the world before LIV Golf, he would have just finished his sophomore season at Tennessee.

USA Today Sports Media Group

We used AI to analyze 24 years of retailers’ SEC disclosures—and found the one factor that would have doubled investor returns

How to get rich? You put money into companies that invest in their frontline workers and wait 30 years.

Fortune

He taught at MIT, worked at Morgan Stanley, and convinced Bill Ackman and Galaxy to back his $200 million crypto fund by his early 30s. His future is now in jeopardy

How Shima Capital’s fast-and-loose approach to compliance alienated its backers and could run afoul of the SEC.

Fortune

House Members Highlight Benefits Of Tokenization In Digital Assets Hearing

House lawmakers Wednesday discussed tokenized real-world assets, signaling growing interest among U.S. politicians in the vast blockchain and cryptocurrency sectors.

International Business Times

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Fortune

The SEC backs out of Salt Lake City after disastrous crypto lawsuit results in $1.8 million penalty, citing ‘significant attrition’

After a judge took the rare step of sanctioning the SEC for its actions in the DEBT Box case, the agency closed the regional office that brought the lawsuit.

Fortune

Wall Street has returned to T+1 trading for the first time in a century. How much longer until T+0?

SEC Chair Gary Gensler says a quicker settlement cycle benefits investors and reduces risk. Why not make it faster?

International Business Times

Spot Ether ETFs Could Rake In Up To $4.8B In First 5 Months: Analysts

Spot Ethereum ETFs are one step closer toward reaching the same stage Bitcoin ETFs have been taking up since January, and unlike other experts who aren't too optimistic about how the funds will perform, K33 analysts believe ETH ETFs will do great when they start trading.

Fortune

How crypto could put Donald Trump over the top in November

Donald's Trump recent embrace of crypto could prove especially costly for Democrats.

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news in one place.

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International Business Times

SEC To Shut Down Office That Worked On Its Failed Debt Box Case

The SEC has decided to shut down its Salt Lake City office – where top lawyers in the regulator's Debt Box case were based – later in the year after experiencing "significant attrition."

International Business Times

BlackRock's IBIT Retains Lead As Spot Bitcoin ETFs Log 15-Day Inflow Streak

BlackRock's IBIT remains the top choice for investors dabbling into the spot Bitcoin ETF space, as it made up for most of the inflows into the crypto subsector in May.

Reason

Did Environmental Groups Drop Challenges to SEC Climate Disclosure Rule Because They Lost the Lottery?

Green groups dropped their suits after the various challenges to the SEC's climate disclosure rule were consolidated in a fairly conservative circuit.

The Street

SEC options probe reports rock GameStop stock after Roaring Kitty returns

Roaring Kitty, the personality behind GameStop's recent surge, is facing a different set of challenges in this year's iteration of the meme stock story.

Sports Illustrated

It’s Time to Rethink College Football’s Bloated Roster Size

As settlements loom in a handful of court cases involving the NCAA, curtailing expenses is an agenda item for every athletic department.

International Business Times

Coinbase Urges Support For Pro-Crypto Candidates, Donates $25M To Fairshake

Coinbase is rallying the crypto industry to support pro-crypto candidates, as it believes electing such candidates is the best way so far to get regulatory clarity for an industry whose request for clear crypto rules has been ignored by the SEC.

TechRadar

Snowflake says it wasn't to blame for Ticketmaster breach — and its security pals agree

Snowflake says it suffered a credential stuffing attack, but nothing more, so it wasn't to blame for Ticketmaster incident.

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