State Connecticut Financial News

29.03 / 20:25
The great resignation is winding down: ‘I just got bored out of my skull’
When the pandemic first hit, Celeste Lyons quit her job at a law firm in Connecticut and started to hunker down at home, living off retirement savings and an inheritance from her parents as she tried to avoid getting sick. She wanted to work again eventually, but nearly two years went by before Lyons, 63, started a new gig as a real estate analyst — a position that allows her to work from home when Covid cases spike.
28.03 / 15:53
The great resignation is winding down: ‘I just got bored out of my skull’
When the pandemic first hit, Celeste Lyons quit her job at a law firm in Connecticut and started to hunker down at home, living off retirement savings and an inheritance from her parents as she tried to avoid getting sick. She wanted to work again eventually, but nearly two years went by before Lyons, 63, started a new gig as a real estate analyst — a position that allows her to work from home when Covid cases spike.
25.03 / 15:15
Target PE firm founded by ex-Goldman exec banks $410m from debut fund
GHK Capital Partners has banked $410m for its first fund, surpassing its $350m goal.
24.03 / 16:51
Target PE firm founded by ex-Goldman exec banks $410m from debut fund
GHK Capital Partners has banked $410m for its first fund, surpassing its $350m goal.
17.03 / 18:17
Law coinbase Court class action Class action suit against Coinbase alleges unregulated securities sales
Three individuals who bought cryptocurrency through Coinbase filed a proposed class action March 11 in the Southern District Court of New York alleging that Coinbase is operating as an unregistered securities exchange. The lawsuit lists 79 tokens that it claims are securities Coinbase is selling in violation of state and federal law, and the buyers were not warned of the risks involved in their purchases.
02.03 / 21:17
Government Mark Warner lawmakers US lawmakers US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Federal Reserve Chair Pro Tempore Jerome Powell and some members of the U.S. House of Representatives called for congressional action on crypto in response to discussions about Russia potentially evading sanctions.
02.03 / 14:09
UPS pension Divesting From Russia Proves Complicated for Pension Funds
Pension funds around the world are reviewing their investments in Russia’s energy, banking and mining sectors in the wake of the country’s invasion of Ukraine.
05.02 / 01:33
Government Law privacy America COMPETES Act passes House without 'disastrous' provision on crypto
A piece of legislation aimed at addressing supply chain issues to keep the U.S. economy and businesses competitive has passed the House of Representatives — without a provision many in the crypto space had criticized for giving the Treasury Secretary authority to shut down exchanges.
28.01 / 23:41
Law Congress bills Disaster U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster
North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including surveillance and outright prohibitions, against “certain transmittals of funds.”
20.01 / 20:28
business Binance services Binance US officially launches trading services in Connecticut
United States cryptocurrency exchange Binance US, which operates separately from the global Binance platform, has officially opened its trading services to residents of Connecticut. 
23.12 / 08:33
Cooper Fine NatWest accepts $35m fine in guilty plea over Treasury market spoofing
NatWest pleaded guilty to wire and securities fraud, admitting that its traders in London, Singapore and Connecticut engaged in several schemes between 2008 and 2018 to manipulate US Treasury markets.
22.12 / 14:09
Cooper Fine NatWest accepts $35m fine in guilty plea over Treasury market spoofing
NatWest pleaded guilty to wire and securities fraud, admitting that its traders in London, Singapore and Connecticut engaged in several schemes between 2008 and 2018 to manipulate US Treasury markets.
05.11 / 17:01
cryptocurrency SEC Legal NOT A US Federal Jury Says Crypto 'Paycoin' is Not a Security
Adding to the ongoing debate on the legal status of cryptoassets, a federal jury in Connecticut, USA, has ruled that a cryptocurrency and related assets offered by Paycoin founders are not securities. 
05.11 / 13:50
Blockchain UPS Provident compliance Blockchain hires ex-Deutsche Bank exec as compliance chief
Blockchain.com, which provides a variety of cryptocurrency services to individual investors and institutional clients, has hired its first chief compliance officer as it looks to keep up with rapid growth while developing legal frameworks for its business.
03.11 / 19:37
Digital Ripple SEC Bitcoin NOT Connecticut jury decides mining related crypto-products do not count as securities
In a “first-of-its-kind verdict,” a Connecticut jury found that multiple digital-asset products linked to a cryptocurrency mining operation cannot be considered as “securities.” This verdict has come at a crucial juncture. The U.S. is already in the middle of a debate pertaining to the stretched out Ripple vs SEC lawsuit. 
03.11 / 12:13
Blockchain Law Fraud NOT Connecticut jury finds crypto-related products are not securities
A Connecticut Jury has found that digital assets linked to cryptocurrencies are not securities in what a defense lawyer called a world-first verdict. 

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