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Investors Are Bailing on Cathie Wood's ARK Fund
Once the largest actively managed ETF, the fund has shrunk to roughly $9 billion. Source link
Binance Lays Off Over 1,000 Employees
The giant crypto exchange, is cutting a big chunk of its workforce as it grapples with federal investigations and regulatory crackdowns in the U.S. and
Robinhood’s New Retirement Accounts Put a New Spin on ‘You Only Live Once’
The phrase “you only live once” is usually taken to mean that life is short, so have fun and take big risks. But if you
FTX Sues Over European Unit Deal, Seeking to Recover $323 Million
FTX filed a lawsuit on Wednesday against former managers of a Swiss business the bankrupt cryptocurrency exchange had acquired, looking to claw back at least
The Key Number to Watch in U.S. Bank Earnings
Listen to article (2 minutes) No major bank has collapsed since First Republic Bank at the beginning of May. But that doesn’t mean fears about
Merrill Lynch to Pay $12 Million for Failing to File Hundreds of Suspicious Activity Reports
Anti-money-laundering rules require broker-dealers to report to regulators on transactions over $5,000, but Merrill’s parent used a $25,000 threshold since their tie-up. Source link
Historic Rate Increases Leave Some on Wall Street Wanting More
Are financial conditions as tight as they appear? Many investors think not. Source link
Bitcoin, Coinbase Are Soaring Despite Obstacles Facing Spot Bitcoin ETFs
Analysts warn that steps to limit market manipulation might not clear the Securities and Exchange Commission’s bar. Source link
Binance Unravels as Executives Flee and Layoffs Proliferate
The firm’s general counsel, chief strategy officer, chief business officer and a senior vice president for compliance departed in recent days amid the turmoil rattling
A Path Forward for Regulating Crypto Markets
Two former top regulators argue that litigation by the SEC is only part of the crypto-regulation solution. Source link