Law professor Renee Jones will run the agency's division of corporation finance, making her the first Black woman to lead one of the SEC's four major divisions.
It is proposing two exchange-traded funds that will have 85% of their assets in cryptocurrency-linked equities, and the remainder in trusts and funds that hold cryptocurrencies.
Wall Street’s top regulator is calling for a broad-based review of the rules that underpin trading in the U.S. equities.
The broker-dealer's chairman, Thomas Peterffy, says it plans to offer trading services 'by the end of the summer' in response to customer demand.
The Treasury Secretary said President Joe Biden should push forward with his $4 trillion spending plans even if they trigger inflation that persists into next year and higher interest rates.
CEO Jane Fraser cites the bank's push to expand its wealth management offerings around the globe, but says Citi will structure compensation so the bank's shareholders will have more power than the wealth managers.
Public Company Accounting Oversight Board Chairman William Duhnke will be replaced on an acting basis by board member Duane DesParte, but the SEC says it is looking for candidates to fill all five PCAOB board positions.
Older Black workers without a college degree are more likely to be forced to exit the labor market prematurely, a study shows.
The rally initially collapsed Thursday after the company disclosed plans to sell more shares so it could cut its heavy debts.
Europe’s new Sustainable Finance Disclosure Regulation requires the industry to label how green an investment product is so that end investors know what they’re buying. But the requirements have yet to be finalized, leaving plenty of room for questions.
