Promise to subpoena SVB CEO after two-week district break Senators began a two-week break to do local work in their respective states, but not before communicating their agreement…
Read MoreSecurities and Exchange Commission
Senator Questions Oversight of Twitter Purchase
Inquires about CEO possibly using Tesla money to fund social media. Senator Elizabeth Warren of Massachusetts wrote a letter to Tesla’s board chair Robyn Denholm this week expressing…
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Federal Trade Commission Investigating Crypto Firms
Officials looking into allegations of deceptive conduct. The Federal Trade Commission said they have opened investigations into unspecified cryptocurrency firms over allegations of “possible misconduct.” The commission has received…
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Inter-Agency Working Group Presents Progress Report
Rules and enhancements proposed to strengthen Treasury market. The Inter-Agency Working Group on Treasury Market Surveillance (IAWG) issued its staff progress report this month, outlining ways they have moved…
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Group of Senators Send Inquiry to SEC
Concerns expressed regarding high employee turnover. Twelve U.S. Senators recently sent a letter to the chair of the Securities and Exchange Commission (SEC) Gary Gensler, inquiring into the…
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SEC Reopens Public Comments After Technical Error
Eleven rulemaking releases were affected and public comments were not received. The U.S. Securities and Exchange Commission (SEC) announced last week that they reopened their public comment periods…
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Administration Focuses on Cryptocurrency Regulation
Federal departments implement actions to curb fraud and money laundering. Administration officials spoke last week about the publishing of reports identifying gaps in cryptocurrency regulation. The reports call…
Read MoreFederal Prosecutors Subpoena Digital World Board Members
Merger with Trump Media faces additional hurdles. Each of the board of directors of Digital World Acquisition Corp has received federal subpoenas for their S-1 filings and documents…
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Supreme Court Hears SEC Bid to Block Case
CPA objects to SEC penalty. Last week, the Supreme Court agreed to hear the Securities and Exchange Commission’s (SEC) argument to block a challenge to its penalization system.…
Read MoreSEC Extends Public Comment Period for Climate Change
Private sector gets extra input into climate oversight rules. The U.S. Securities and Exchange Commission (SEC) has extended its period for public comment on three current climate information…
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