Cryptocurrency exchange-traded-funds are being actively considered by US regulators, the Financial Times reported chairman Jay Clayton saying at a conference. The US Securities and Exchange Commission is working with other financial agencies to establish whose jurisdiction various crypto-products would fall under, he said. “Our door is wide open — if […]
Morgan Stanley’s chief executive James Gorman has had more conversations with the Securities and Exchange Commission’s chairman than any other Wall Street bank, according to the Financial Times. The two have had at least ten formal conversations in the last three years, including nine calls and one meeting. Most of […]
Hertz shares were halted Wednesday morning after the Securities and Exchange Commission revealed issues it had with the company’s planned stock offering. The car-rental chain aims to sell as much as $US500 million worth of stock in a desperate fundraising effort, though it has warned the shares could become worthless […]
Sen. Tom Cotton of Arkansas derided the WeWork cofounder Adam Neumann’s leadership at a Tuesday hearing. He also blasted law firms and Wall Street, saying they contributed to WeWork’s fall. Cotton asked the Securities and Exchange Commission’s chairman, Jay Clayton, whether the agency would investigate WeWork and Neumann and said […]
The US Securities and Exchange Commission is mulling options to let retail investors in on private-company fundraising, the agency’s chief told the Wall Street Journal. Main Street investors are largely excluded from private fundraising for companies like SpaceX, Uber, and Airbnb because of regulations. Facing a dwindling number of publicly […]
Richard Cordray announced he will step...
The Securities and Exchange Commission is...
Jay Clayton took over the Securities and...
