Sam Bankman-Fried could face years in prison over FTX meltdown
FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on Friday, June 4, 2021. Matias J. Ocner | Miami Herald | Tribune News Service…
SEC chair Gary Gensler to unveil big changes amid FTX scandal
You would think that with the FTX scandal still brewing and investors missing billions of dollars from their supposedly secured crypto accounts, Securities and Exchange Commission chair Gary Gensler would…
Here’s what the Wells Fargo cross selling scandal means for the bank
Wells Fargo is one of the oldest and most powerful banks in the United States. Its reputation today is in tatters, following a notorious scandal that is still unfolding. Reports…
SEC fines Oracle $23 million for allegedly bribing foreign officials
A sign is posted in front of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Oracle has settled with the Securities and Exchange…
Three charged in $100M New Jersey deli fraud scheme
Three men linked to a company that mysteriously drew a $100 million valuation despite only operating a single New Jersey deli were charged for their roles in a securities fraud…
Robinhood jumps, then fades after report that SEC will not ban payment for order flow
A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shares of retail brokerage Robinhood were lower on…
Wall Street pushes return to office as SEC praises remote work
While Wall Street firms are increasingly pushing their workers to be in the office five days a week, the agency that regulates them has no plans to force employees to…
New ETF gears up to draw hesitant buyers
Risk-averse buyers have a brand new solution to make more secure bets on Tesla. Innovator ETFs introduced the Innovator Hedged TSLA Strategy ETF (TSLH) – amongst different outlined result merchandise…