The SEC and the NY AG are suing CoinSeed for lack of registrations and multiple other counts. That’s a cold shower for the crypto industry. Spoiler alert: adult supervision is needed.
There are complex indices behind trillions of dollars in ETFs and passive funds. Their providers do investment research. They have discretion in inclusions. They suggest indices and strategies to asset managers. Their decisions move markets. When they fail to calculate correctly, investors lose millions.
Should those ‘data providers’ become ‘investment advisors’? The SEC is considering it. Two academics explain why and how this should be implemented.
The first Interpol warrant has been issued in the Cum/Ex tax trading case.
Paul Mora, looked for by Germany, Denmark, and Belgium, is currently in New Zealand. Mr. Mora said that “he would skip his tax fraud trial because of New Zealand’s low Covid-19 infection rate and argued that he wouldn’t get a fair hearing in Germany.”
Credit Suisse was warned that one of its top private bankers was up to no good and did nothing, says a recent regulatory report.
This new scandal is unfortunately far from being the first for the Swiss bank. Regulatory investigations (and provisions!) are actually pilling up.
This article explains the last scandal, in the context of the firm’s recent compliance woes.
The managers of GPB Capital have been using the life savings of many retirees to fund their lifestyle. They just got charged by the SEC.
From promises to arrests, GPB’s downfall is a textbook case of what can go wrong when investing. This article lists the initial red flags, which any investors should be wary about, as well as the many steps of their downfall.
Robin Hood is alive and well. He has left the dark forest of Sherwood for the spotlights of social media and financial markets.
This short article introduces the actors of the play and shares the most recent acts/scenes.
Is the main theme of the play still relevant today?