sec
SEC Hits TradeStation Crypto with $1.5 Million Penalty over Unregistered Services
- TradeStation intends to terminate its services in the US on February 22, 2024.
- The company will pay an additional $1.5 million to settle similar charges by state regulatory authorities.
Wednesday, 07/02/2024 | 20:17 GMT by
Jared Kirui
Zipmex under Scrutiny: Thailand Orders Suspension over Financial Irregularities
- The concerns highlighted by Thailand's regulator include issues related to capital maintenance and business structure.
- Zipmex is required to adhere to specific corrective actions, including rectifying its financial position.
Friday, 02/02/2024 | 13:18 GMT by
Jared Kirui
SEC's Grewal to Pursue a Culture of Proactive Compliance
- Grewal: “Public trust in our institutions is faltering."
- He provided clear rules for companies to follow in terms of compliance.
- Grewal also outlined how companies could enhance their compliance initiatives.
Thursday, 25/01/2024 | 11:47 GMT by
Harriet Christie
SEC Bolsters Investor Safeguards in Latest SPAC Regulations
- The new regulations focus on adequate disclosures and heightened issuer obligations.
- The SEC aims to enhance investor protection with new requirements for adequate information about target companies.
Wednesday, 24/01/2024 | 17:10 GMT by
Jared Kirui
SEC's Twitter Account "Compromised" in False Bitcoin ETF Announcement
- Gary Gensler clarified the stance of the SEC after a tweet falsely claimed approval for spot Bitcoin ETF.
- This development led to volatility in the price of Bitcoin, which surged to over $47,000.
Tuesday, 09/01/2024 | 22:10 GMT by
Jared Kirui
"BlackRock Definitely Has the Right Advisors for Bitcoin ETF": Legal Expert Dr Zvi Gabbay
- In the second part of the interview, Dr Gabbay admires the EU's crypto approach and noted that the US is pushing away the crypto business.
- "This is also the opportunity for politicians to step in and start offering their solutions."
Friday, 22/12/2023 | 16:25 GMT by
Sam White
DTCC Pledges Compliance with SEC’s New Treasury Regulations
- The SEC plans to mandate central clearing for US Treasury cash and repo markets by a specific deadline.
- DTCC has issued a statement highlighting its plans to comply with the amended regulations.
Thursday, 14/12/2023 | 17:14 GMT by
Jared Kirui
"The SEC Is Wrong and They're Already Paying for it": Regulatory Expert Zvi Gabbay
- In the two-part interview, Dr. Gabbay discusses the approach of the SEC towards crypto regulation from a legal point of view.
- "What's amazing is that they go ahead and file a complaint against Kraken, which shows that they're not hearing the message”.
Wednesday, 13/12/2023 | 16:27 GMT by
Sam White
News Nuggets | 16 November: Fortex Integrates with StoneX; XS.com Appoints Country Manager
- Wedbush Securities was fined $350,000; the SEC charged traders following a fraud valued at $1.5 million.
- Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Thursday, 16/11/2023 | 11:17 GMT by
Damian Chmiel
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