Plus, Robinhood receives a Wells notice and better news for FTX customers
Government agency has a mandate to regulate securities, not technology
Retail brokerage says ‘Wells notice’ comes after years of attempts to seek regulatory clarity
BF Borgers ran ‘sham audit mill’ whose work affects more than 1,500 corporate filings, US financial regulator says
The bell tolls for Big Ben
Justices’ denial means billionaire must have comments about electric-car maker reviewed in advance
Admonitions about staff trading in their employer’s shares may now need to be broadened
Collapsed crypto firm and co-founder were found liable for fraud
Lack of clarity in the industry is causing confusion among entrepreneurs
SEC rules on departure fees for institutional prime money market funds will drive up costs, say firms
US regulator notches a victory in its crackdown on the crypto sector
Several large US mutual fund managers have filed to add Vanguard-style exchange traded fund sleeves
Regulator’s request to judge reflects argument that many digital assets qualify as securities
US-style ‘spot’ funds are not available to retail customers on the continent — but similar products are
Now that ‘spot’ funds have regulatory approval, due diligence experts will help decide if they can be offered to clients
Domino’s fall
Lawsuit against regulator is latest against chair Gary Gensler’s reform agenda
Pressure remains on international groups from EU and California rules despite lighter-touch SEC regulations
Also in today’s newsletter, the green implications of the UK Budget
Nepotism: harder than you think
Six managers have applied to use ETFs as share class of mutual funds but regulatory approval seems a long way off
US regulator’s mandate for companies to report emissions encounters immediate challenge from 10 states
Long-awaited US regulation drops proposed ‘scope 3’ emissions reporting in face of legal threats
Dates without destiny
Online fast-fashion group weighs UK as back-up option following scrutiny by American regulators and politicians
International Edition