SEC Financial News

Bitcoin's recent price surge of 1.5% has ignited discussions about the cryptocurrency's future trajectory. 

Warren Buffett's Berkshire Hathaway (NYSE:BRKa) made a few interesting moves in the second quarter, according to the firm's 13F with the SEC after the close of trading Monday. The most interesting trade was adding new positions in three homebuilders.

Former chairman of the US Securities and Exchange Commission (SEC) Jay Clayton just called for the approval of a spot Bitcoin Exchange Traded Fund (ETF) in an appearance on CNBC TV.

Bitcoin exchange-traded fund (ETF) hopefuls have faced a setback as the US Securities and Exchange Commission (SEC) decided to delay their ruling on Ark Invest’s spot Bitcoin ETF application.

A consortium of legal experts from top U.S. law schools are backing Coinbase in its lawsuit with the Securities and Exchange Commission (SEC), arguing that the latter has the wrong interpretation of what constitutes an “investment contract.”

Attorneys who represent investors in actions against brokerages and registered representatives are hopeful that expungement reforms Finra enacted late last week will make it harder for reps to clear their records of disputes.

bitcoin trading fees for the stablecoin. That sparked huge demand for TrueUSD as investors rushed to buy the stablecoin to enable free bitcoin trading. The exchange now controls more than 90% of all TrueUSD tokens currently in circulation, according to data from Arkham Intelligence.

A spot Bitcoin-backed exchange-traded fund (ETF) will not be approved in the US until at least 2024 when the election is over, according to a former SEC official.

Once upon a time there was a golden age. Porridge was neither too hot, nor too cold. Interest rates were low, valuations were high and there was leverage for all. Banks wined and dined private equity funds so that they might be considered as lenders, while investors queued up to shower funds with cash. Everything was awesome, as the Lego movie told us.

whistleblower award program, she is facing perhaps her biggest challenge: critics who say the program favors those with connections to the regulator. Established by the 2010 Dodd-Frank Act to encourage the reporting of financial wrongdoing and preventing the types of oversight lapses that led to Bernard Madoff’s multibillion-dollar Ponzi scheme, the SEC’s award program has given out more than $1 billion in total to whistleblowers as the number of tips it receives has steadily risen. But with that success has come greater scrutiny.

The Ethereum price has barely budged today, with its current level of $1,846 representing a 0.1% fall in the past 24 hours.

The PEPE price has surged by 5% in the past 24 hours, with the meme token's move to $0.00000142 also representing a 23% gain in a week.

US Congressional Committee took a monumental step by advancing a bipartisan bill that seeks to establish a comprehensive regulatory framework for cryptocurrencies. This marks a pivotal moment for Capitol Hill in its endeavors to formalize federal oversight for the digital asset industry. The crypto sector has faced increased scrutiny, especially after several investors were affected by the sudden collapse of prominent companies like Celsius Network, Voyager Digital, FTX, and others. Against this backdrop, the classification of cryptocurrencies as securities or commodities represents a progressive stride, addressing both the Commodity Futures Trading Commission (CFTC) oversight and concerns raised by the Securities and Exchange Commission (SEC). With Congress passing its first regulatory bill for the crypto industry, a long-awaited victory has been achieved, while a parallel discussion regarding stablecoin requirements under the Federal Reserve’s purview is ongoing, which will strike a balance between innovation and investor protection.Why is this bill Important?The recent advancement of the regulatory bill by the US congressional committee signifies a groundbreaking effort to provide much-needed clarity to the evolving crypto industry. For years, crypto companies have operated within a regulatory gray area, leaving both investors and businesses uncertain about their legal obligations and rights.

As the world of cryptocurrency continues its volatile dance, the BTC/USD pair is currently witnessing a marginal increase, showing gains of nearly 0.10% and trading at a noteworthy $29,442 as of Monday. 

Bitcoin ETF candidates got another dose of disappointment when US regulators on Friday punted on making a decision on such a product. But the next time they hear from them might be just a few weeks away. 

FSN E-Commerce Ventures, which operates online beauty and fashion retailer Nykaa, fell over 11% to the day's low of Rs 130.10 on the NSE on Monday after a clutch of brokerages spelt out growth headwinds in their post earnings review of the stock. BofA, which has taken a neutral view on the counter, sees competition as a key downside risk while ICICI Securities downgraded the stock to 'Add' and advocated tighter corporate spend to meet margin expectations. Notwithstanding an 'Overweight' stance by Morgan Stanley and a buy view by Jefferies and Nuvama, the selloff was amid high volumes as over 61.79 lakh shares changed hands on the NSE.

The United States’ securities regulator could completely u-turn its approach to crypto enforcement, depending on a key election in the United States in 2024, according to former SEC official John Reed Stark.

American customers will not be able to buy crypto via the Revolut app from 2 September.

Tamang on Sunday laid the foundation stone for the Sikkim Organic Agriculture University (SOAU) at Mondegaon in Soreng district. Stating that Sikkim has established itself as the country's first organic state, Tamang said SOAU will be a centre of excellence where subjects related to organic farming will be taught. Hundreds of students from the state go outside to study agriculture, horticulture and forestry, he said, adding that he had met over 500 students in Dehradun itself who were doing urndergraduate and post-graduate courses in these subjects. With the SOAU coming up in Sikkim, the students of the state will no longer have to travel outside for studying these subjects, Tamang said. He directed officials to identify temporary spaces for the commencement of courses at the earliest.

A group of six legal scholars specializing in securities law and related domains have submitted an amicus brief in favor of crypto exchange Coinbase in its legal battle against the U.S. Securities and Exchange Commission (SEC).

Grayscale Investments CEO, Michael Sonnenshein, highlighted a potential negative outcome for the United States economy if the Securities and Exchange Commission (SEC) continues to take a one-by-one approach to regulating the cryptocurrency industry.