securities
Wall Street bonuses expected to jump in 2024 after staying flat last year 𒈔
The Comptroller's report said it expects bonuses to bounce b꧋ack after they stayed relatively flat 🔯last year.
SEC unveils plan to prevent hacking, syst🍎ems failure
The proposals are likely fuel criticism that undeꦍr Chair Gary Gensler the SEC has embarked on an excessively ambitious rulemaking agenda testing the limits of its capacity.
Plunging Wall🐟 Street profits should sound alarm bells for city, state — and offer fresh grounds to back Lee Zeldin 🔜
Wall Str🍸eet saw profits nosedive over the first half of the year. That spells not only huge economic trouble but also coming budget crises.
𓄧 Russia blocks NY pension systems from dumping nearly $300M in stoc𓃲ks
New York’s pension systems want to ꦍdump nearly $300 million invested in the Moscow stock marke꧑t, but can’t.
Actor sentenced in $650 million P🦩onzi scheme involving fake Netflix, HBO deals
꧋ An LA actor who conned investors out of $230 million by telling them he had connections to major film and streaming distributors was sentenced to federal prison.
Massachusetts fines MassMutual $4.75 million over 'Roaring Kitty' case
A MassMutual investment subsidiary has agreed to pay $4.75 million to resolve allegations by Massachusetts securities regulators including that it failed to supervise its agents, among them the social media...🍌
൲ Massachusetts regulators subpoena GameStop bull ‘Roaring Kitty’
😼 Massachusetts securities regulators have issued a subpoena seeking the testimony of a YouTube streamer who helped drive a surge of interest in GameStop as part of a review of his...
Feds charge tech mogul Robert Brockman w൩ith hiding $2 billion from IRS
Federal prosecuto𒈔rs said Thursday they had charged Houston-based technology executive Robert Brockman with hiding $2 billion in income from the IRS over 20 years, in the biggest tax fraud case...
Martin Shkreli's lawyers want conviction tossed because jury was 'confused'
“Pharma bro” Martin Shkreli remains in a Pennsylvania prisoꦯn, but his prosecutor and his lawyer were in a Manhattan appellate courtroom Friday clashing over his claim that his securities-fraud conviction...
China selling US treasuries is not hurti🌺ng US bond market
China’s holdings of US government securities are now the lowest they’ve been in two years at just $1.13 trillion. The Chinese have been selling🎃 treasuries that they own and not...
🐎 Wall Street bonuses fall despite sky-hig📖h profits
Wall 🎉Street slashed bonuses by a whopping 17 percent last year, even as profits across the 🗹securities industry reached an all-time high, according to a new report. The average securities...
Nomura to pay US $480M over 'fraudulent' securities
Nomura Holdings has agreed to pay $480 million to resolve civil claims by the government that it misled investors in marke🍬ting residential mortgage-backed securities, US authorities said on Tuesday. Nomura...
China has the ultimate weapon in tra🔴de war🌳 with US
✅ Commerce Secretary Wilbur Ross said something the other day that was either right on the mark or profoundly stupid. Only🏅 time will tell which it is. Ross said that China...
W🌳ells Fargo diving back into securities that fueled 2008 crisis
Wells Fargo just can’t help itself. The nation’s third-biggest bank is planning to ramp up trading in controversial securities tied to the mortgage market — just weeks after it pa🎶id... 𝔉
Why the♋ surging economy could soon stumble
One thing missed in the report onౠ second-quarter gross domestic product is that the first period’s numbers were revised slightly upward. Instead of just 2 percent annualized growth, the Bureau...
Russia sold most of its US government sec🌠uritie༒s around Helsinki summit
Russia sold most of its holding of US government securities right arou♍nd of time of the Helsinki summit. How rude of the Russians! Russia sold about 80 percent of its...
🌟 ཧ Kirsten Gillibrand backs security transaction tax
Sen. Kirsten Gillibrand now favors a new charge on Wall Street and investors that could cost billions. New York’s Democratic junior senator is supporting a securities transaction tax (STT) prop﷽osal...
SEC still won't treat Bitcoin as a security
Securities and Exchange Commission Chairman Jay Clayton said Wednesday that the agency would continue its regulator🌱y stance of not treating bitcoin as a security. “We’ve been doing this a long...
🥂 Declarations of independents
Vaya con Dios, Merri⭕ll Lynch, Morgan Stanley, Wells Fargo Advisors and other major brokerages. Many trading pros are looking to leave the big firms and become independent securities advisers —...
Regulators may start cracking down on 'Flash Boy' traders
𓆏 Federal regulators could gain more power to crack do🐼wn on highly-secretive “Flash Boy” traders that use complex — and secretive — algorithms to buy and sell securities, according to a...