No. 1 Georgia ekes out narrow comeback victory over SEC rival Kentucky
LEXINGTON, Ky. — Branson Robinson scored a 3-yard game-winning touchdown early in the fourth quarter and top-ranked Georgia overcame a lackluster performance to beat Kentucky 13-12 on Saturday night before holding off the rest of the way. The Bulldogs (3-0, 1-0 SEC) couldn't find consistency on both offense and defense, letting the Wildcats trail 9-3 […]
SEC backtracks on ‘crypto asset securities’ claim in Binance suit – crypto.news
In an amended complaint against cryptocurrency exchange Binance and its former CEO Changpeng Zhao, the U.S. Securities and Exchange Commission said it never intended to classify cryptocurrencies as securities. While expanding Binance Litigation In response to the request to include the three additional tokens, the Securities and Exchange Commission withdrew the “cryptocurrency securities” assertion it […]
Can true freshman QB D.J. Lagway lead Florida to success in the SEC?
When it comes to a true freshman quarterback's collegiate debut, there won't be many performances that top five-star recruit DJ Lagway's 45-7 win over Samford in Week 2 against the Florida Gators. Lagway, who started in place of the injured Graham Mertz, didn't disappoint on Saturday, completing 72 percent of his passes for 456 yards […]
Ex-Labor Sec Nominee Says Those Who Follow Dems’ Economic ‘Talking Points’ Don’t ‘Deserve’ Credibility
Former Labor Secretary nominee Andy Puzder said on Fox Business on Friday after President Joe Biden announced billions of dollars in spending through the Inflation Control Act (IRA) that anyone who “listens” to Democrats' economic policy talking points “can't be trusted.” in Thursday's speech In Wisconsin, Biden announced that his administration would allocate $7.3 billion […]
6 credit rating agencies to pay over $49M over recordkeeping failures: SEC
Six credit rating agencies have agreed to pay a combined total of more than $49 million in civil penalties for allegedly violating record-keeping rules, the Securities and Exchange Commission said Tuesday. According to the SEC, Moody's Investors Service, S&P Global Ratings, Fitch Ratings, HR Ratings de Mexico, AM Best Rating Services and Demotec admitted to […]
Citadel’s Ken Griffin attacks SEC cash grab for surveillance
Hedge fund mogul Ken Griffin is reportedly leading a campaign to block U.S. regulators' efforts to force traders to fund a new market-surveillance system. Griffin's Citadel Securities wants to block new rules that would require investors to put money aside for a so-called integrated audit trail system that has already cost an estimated $1 billion. […]
Franklin Resources Stock Sinks as SEC Investigates Co-CIO of $2B Unit – Yahoo Finance
SEC probe of B. Riley widens as struggling firm’s stock drops more than 50% on profit warning
The federal government has expanded its investigation into financial misconduct at B. Riley & Co., sources told The Washington Post, even as the struggling Wall Street company suspended its dividend and issued a profit warning on Monday and its stock price fell more than 50%. Short sellers continued to provide information about B. Riley to […]
Morgan Stanley’s Bitcoin ETF push is a 'death wish,' says former SEC official – Cointelegraph
Morgan Stanley, the largest asset manager in the United States, could face a tough compliance scrutiny for allowing its entire team of financial advisors to pitch a Bitcoin exchange-traded fund (ETF), former Securities and Exchange Commission (SEC) official and cryptocurrency skeptic John Reed Stark has warned. “Morgan Stanley has subjecting itself to the largest examination […]
Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit – PYMNTS.com
One of the longest-running lawsuits impacting the future of cryptocurrency regulation may be nearing resolution. Lawsuit between cryptocurrency companies Ripple Labs And the United States Securities and Exchange Commission The SEC’s debate revolves around whether Ripple’s XRP token is a security, and has gone through several iterations since the start of 2020. On Wednesday (August […]