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SEC Takes Aim At Retail Investors, Meme Stocks In New Video

By Aaron Bry
Today, 4:51 PM
The U.S. Securities and Exchange Commission (SEC) is used to going after insider traders, pump and dumpers and fraudulent advisors. But yesterday, the federal regulatory agency went after a new group: retail investors. 

AMC

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2 minute read
  • General
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Elizabeth Warren Proposes Legislation Against SPACs: What Investors Should Know

By Chris Katje
Today, 4:51 PM
A U.S. Senator is stepping up the pressure on SPACs as an investment vehicle to take companies public. Here’s what the SPAC Accountability Act of 2022 is all about. What Happened: A new bill called SPAC Accountability Act of 2022 is being proposed by Democratic Senator Elizabeth Warren.

BTC

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1 minute read
  • SEC

SEC, In A Letter Dated April 4, Questions Elon R. Musk On 13G Twitter Filing, Questions Why Schedule 13G Does Not Appear To Have Been Made Within Required 10 Days From Date Of Acquisition

By Bill Haddad
Today, 4:51 PM
https://www.sec.gov/Archives/edgar/data/1418091/000000000022003713/filename1.pdf

TWTR

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As Coinbase Dips 80% Since Going Public, Co-Founder Laps Up $75M Shares

By Samyuktha Sriram
Today, 4:51 PM
Coinbase Global Inc (NASDAQ: COIN) co-founder Fred Erhsam has been buying the dip in shares of the cryptocurrency exchange, as per a 

BTC

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SEC Is Already Investigating Terra’s Stablecoin UST: Report

By Samyuktha Sriram
Today, 4:51 PM
The Securities and Exchange Commission (SEC) is already investigating this week’s events concerning Terra (CRYPTO: LUNA) and TerraUSD (CRYPTO: UST), according to a report from

$UST

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Elon Musk Said To Face Federal Probe Over Violating Rules In Disclosure Of Twitter Stake

By Rachit Vats
Today, 4:51 PM
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is facing a federal probe over missing a key deadline last month to disclose a sizable stake in Twitter Inc (NYSE: TWTR), the microblogging site tha

ORCL

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1 minute read
  • Legal
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‘Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes’ -Wall Street Journal Report

By Benzinga Newsdesk
Today, 4:51 PM
https://www.wsj.com/articles/elon-musks-belated-disclosure-of-twitter-stake-triggers-regulators-probes-11652303894?mod=latest_headlines

TWTR

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SEC Approves Valkyrie’s Bitcoin Futures ETF: Is There Hope For a Bitcoin Spot ETF?

By Adrian Zmudzinski
Today, 4:51 PM
The United States Securities and Exchanges Commission (SEC) approved Valkyrie’s Bitcoin (CRYPTO: BTC) Futures exchange-traded fund (ETF) for trading.

BTC

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All The Stocks Bill Hwang’s Archegos Capital Is Accused Of Manipulating

By AJ Fabino
Today, 4:51 PM
From March 2020 through its collapse in March 2021, Archegos Capital Management, headed by Sung Kook (Bill) Hwang and partners, entered into a manipulative scheme that increased Archego’s bottom line from around $4 billion to $36 billion, according to a SEC lawsui

BIDU

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World’s Top Asset Manager BlackRock Launches Crypto ETF; Coinbase Included

By Adrian Zmudzinski
Today, 4:51 PM
The world's largest asset manager BlackRock, Inc. (NYSE: BLK) launched an exchange-traded fund (ETF) that gives exposure to the blockchain and cryptocurrency markets. 

BLK

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