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SEC delays decision on ARK bitcoin ETF filing
INVESTING ALTERNATIVES AUG 11, 2023
SEC delays decision on ARK bitcoin ETF filing

As the SEC puts off deciding on spot bitcoin ETF, 21Shares and ARK file for a fund that would invest in bitcoin futures.

In CEO race, Morgan Stanley hopes for drama-free handoff
YOUR PRACTICE PRACTICE MANAGEMENT AUG 10, 2023
In CEO race, Morgan Stanley hopes for drama-free handoff

Outgoing CEO Gorman wants an outcome in which the rejected finalists stay with the firm.

Eyes on US inflation data, commodity prices rise
NEWS INDUSTRY NEWS AUG 10, 2023
Eyes on US inflation data, commodity prices rise

Treasuries flat while global stocks gain in early trading Thursday.

Pimco parent profit gains but not from asset management
RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 10, 2023
Pimco parent profit gains but not from asset management

Allianz SE's insurance business earnings offset weakness for asset management which includes Allianz Global Investors.

US venture capitalists gain greater access to China
NEWS INDUSTRY NEWS AUG 10, 2023
US venture capitalists gain greater access to China

Biden administration imposes only light curbs on money flow.

Wall Street girds for what's next in WhatsApp probe
YOUR PRACTICE FINTECH AUG 09, 2023
Wall Street girds for what's next in WhatsApp probe

Regulators have quizzed more than a dozen other firms about the use of unofficial channels like WhatsApp.

S&P drops ESG scores from debt ratings
INVESTING ESG AUG 09, 2023
S&P drops ESG scores from debt ratings

The company made the change in response to confusion among investors who use its corporate credit ratings.

Recovery for US stocks expected amid global rally
NEWS INDUSTRY NEWS AUG 09, 2023
Recovery for US stocks expected amid global rally

US government bond auction ahead with $38M sale expected.

Fines for Wall Street communications violations reach $2.5B
NEWS INDUSTRY NEWS AUG 09, 2023
Fines for Wall Street communications violations reach $2.5B

WhatsApp and texting has resulted in one of the past decade’s largest enforcement efforts.

Is bitcoin set to surge after period of low volatility?
INVESTING ALTERNATIVES AUG 09, 2023
Is bitcoin set to surge after period of low volatility?

Analysts believe the cryptocurrency is about to break free from mediocrity.