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Showing 11 - 20 of 247 results for "Exchange Commission"

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... than 2000 investors' retirement savings spent on luxury yachts, private jets and more. The Securities and Exchange Commission (SEC) obtained a preliminary injunction, asset freeze, and other emergency relief against Atlanta-based Drive Planning LLC ...

Institutional investors embracing crypto: GDF

MATTHEW WAI  |  FRIDAY, 2 AUG 2024
... cryptocurrencies will continue to infiltrate financial institutions' investment approach, pointing to Securities and Exchange Commission's recent approval of spot Bitcoin ETPs as the floodgate. "This is the year of crypto going institutional with our ...

SEC gives final approval for Ethereum ETFs

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
The Securities and Exchange Commission (SEC) has given final and official approval Ethereum ETFs, making it the second digital asset ETF to hit US markets after Bitcoin ETFs were launched in March this year. Back in May, the SEC approved eight Ethereum ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
The Securities and Exchange Commission (SEC) has approved eight Ethereum ETFs for BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. This comes after the commission approved Bitcoin ETFs back in March this year. ...

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
... Authority (FCA) approving crypto ETNs this week and spot Bitcoin ETFs being approved by the Securities and Exchange Commission (SEC) in the US in January. Financial behemoths BlackRock, Invesco and Fidelity were among 11 spot Bitcoin ETF issuers that ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... service. It projects that nearly one-third of task hours could be automated by 2030. But, as US Securities and Exchange Commission chair Gary Gensler recently highlighted, while new technologies often generate buzz, they may also give rise to false claims ...

Advisers show growing interest in ASX-listed Bitcoin ETF

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... in interest from financial advisers and brokers for a Bitcoin ETF on the ASX. Since the US Securities and Exchange Commission (SEC) approved 11 Bitcoin ETF applications in January, Neiron said that demand for access to Bitcoin via a listed vehicle traded ...

VanEck failed to disclose influencer's role in ETF launch: SEC

JAMIE WILLIAMSON  |  MONDAY, 19 FEB 2024
VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... could threaten financial stability, forcing novel macro-prudential strategies, according to US Securities and Exchange Commission (SEC) chair Gary Gensler. In a speech at Yale Law School, Gensler described AI as having "tremendous opportunities for humanity," ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
A US court and the Securities and Exchange Commission (SEC) have slapped charges on three individuals that include an Australian citizen for allegedly perpetrating a fraudulent cryptocurrency scheme known as HyperFund, raising $2.6 billion (US$1.7bn). ...