SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto
The U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin.
Wall Street regulator revokes accounting guidance on crypto assets
The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the policies of the prior administration and a win for the crypto sector.
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Wells Fargo and Merill Lynch Paying $60,000,000 Fine for Allegedly Shortchanging Customers While Making Bank on Client Cash
Two Wall Street titans are shelling out a combined $60 million to the U.S. Securities and Exchange Commission for allegedly serving their own interests at the detriment of clients.
More Wall Street firms settle US SEC charges over record-keeping
Wall Street firms including Blackstone , Apollo Capital Management and Carlyle have agreed to pay more than $63 million for violating U.S. Securities and Exchange Commission rules over record-keeping,
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$63,100,000 Penalty Hits 12 Financial Giants, Including Charles Schwab and Santander, As SEC Issues Major Enforcement Action
The U.S. Securities and Exchange Commission (SEC) is set to collect $63.1 million in fines from nine investment advisers and three broker-dealers over the use of unapproved communication methods.
Wall Street gets political: Tuttle Capital files for ETF tracking Congress stock picks
Discover the Tuttle Capital Congressional Trading ETF, an actively managed fund offering exposure to stocks influenced by U.S.
Wall Street’s regulation wish list plays with fire
Wariness is passé on Wall Street. Cautious uncertainty over lingering inflation and geopolitical turbulence have been replaced by giddiness over the deregulatory bonanza financial firms expect President Donald Trump’s administration to deliver.
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Will Donald Trump unleash Wall Street?
The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a deregulatory boom. One appointment is emblematic of the coming shift. Gary Gensler,
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Hindenburg Research: Who silenced Wall Street’s most feared short-seller?
Why has the US short-seller, Hindenburg Research, which stung such corporate empires as Gautam Adani’s, shut shop? ‘We shook some empires that we felt needed shaking’, says its founder Nathan Anderson.
Dow surges 500 points as Wall Street wagers that Trump's approach on tariffs won't be as harsh as feared: Live updates
Trump’s executive orders included overhauls to U.S. trade policy and declaring a national emergency at the southern border.
Warren Buffett's $642 Million "Secret" Portfolio Is Selling What Might Be Wall Street's Most Attractive Artificial Intelligence (AI) Stock
The Oracle of Omaha's secret portfolio contains 120 securities -- one of which is a historically cheap AI stock.
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eToro files for Wall Street IPO in Q2 - report
Israel online trading platform eToro has made a confidential filing with the US Securities and Exchange Commission (SEC) for a Wall Street IPO, "The Financial Times" reports. As reported last month by "Globes," the planned company valuation for the flotation is $5 billion.