SEC Chairman Gary Gensler warns that the products “can pose risks even to sophisticated investors, and can potentially create systemwide risks by operating in unanticipated ways."
CFTC Chairman Rostin Behnam says his agency would be a tough regulator for crypto market.
The collapse of Archegos Capital Management shows a need to rethink some of the agency’s rules, Rostin Behnam says.
The firm, which was the second-biggest underwriter of special purpose acquisition companies last year, has been telling sponsors of the vehicles it will end its involvement, sources said.
Tightening monetary policy to combat runaway inflation and ebbing liquidity are turning investors away from speculative assets across global markets.
Glass Lewis & Co. cited a 'disconnect' between the CEO's pay and the bank's performance; it's particularly concerned about the $52.6 billion in options awarded to Dimon in 2022.
“Paralysis rather than panic best describes investor positioning,” BofA's Michael Hartnett says.
As more crypto holders need help structuring their wealth, the staid world of estate planning is still playing catch up.
In the wake of the Federal Reserve's rate hike Wednesday, traders worry that Fed officials could struggle to contain inflation amid the lingering threat of a recession.
Conversation on Twitter criticized passive investing and weighed in on a long-running Wall Street debate about the growing power of index funds.
