The practice has been allowed as congressional salaries have been frozen for more than a decade. Speaker of the House Mike Johnson voiced his support for bipartisan legislation…
Read MoreStock Market
Treasury Secretary Responds to Recession Concerns
He says that corrections are normal and recession cannot be ruled out. U.S. Treasury Secretary Scott Bessent recently said that there are “no guarantees“ when it comes to…
Read More
SEC to Hold Roundtable on Artificial Intelligence
The agency will host discussions on the impact of AI on the financial industry. The Securities and Exchange Commission (SEC) announced a roundtable discussion will be held on…
Read More
SEC Opens Applications for Investor Advisory Committee
Available positions include at-large members and senior citizen representatives. The Securities and Exchange Commission (SEC) is accepting applications for its Investor Advisory Committee, which was created under the…
Read MoreSEC Fines Broker-Dealer for Market Access and Confidentiality Violations
Liquidnet agrees to a settlement over charges of inadequate controls, safeguards, and misleading disclosures. The Securities and Exchange Commission (SEC) announced that Liquidnet Inc., a broker-dealer operating multiple…
Read More
SEC Charges Crypto Market Manipulators in Fraudulent Trading Scheme
Investors were deceived by artificial trading volume and price manipulation. The Securities and Exchange Commission (SEC) filed fraud charges against three companies and nine individuals for engaging in…
Read MoreSEC Charges Hacker for Insider Trading on Stolen Earnings Data
A U.K. citizen used sophisticated technology to hide his identity. The U.S. Securities and Exchange Commission (SEC) has charged a U.K. citizen for hacking into the computer systems…
Read More
SEC Fines Keurig $1.5 Million For False Recyclability Claims
The company violated the Securities Exchange Act of 1934 regarding the provision of information to investors. Securities and Exchange Commission (SEC) announced that a settlement had been reached…
Read More
Stock Markets Correct After Global Plunge
U.S. employment and manufacturing numbers contributed to global market instability on Monday. The U.S. stock market experienced a sharp decline on Monday amid a global market selloff. The…
Read More
Senate Committee Finds SEC and CFTC Oversight of AI Lacking
Their report calls for new standards to mitigate potential harms from machine learning in trading. The Senate Homeland Security and Governmental Affairs Committee (HSGAC) recently released a report…
Read More