Securities regulation
Jane Street to challenge India ban, says it engaged in basic arbitrage
Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation. Nurphoto | Nurphoto | Getty Images Jane Street has told staff it will contest a ban by India’s financial regulator which has accused the U.S. high-frequency trading giant of market manipulation, adding that its practices […]
Read More
Online retailer Shein to hold roadshows soon ahead of London IPO, Reuters reports
The logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering, three sources with knowledge of the matter said, pushing ahead with preparations […]
Read More
CNBC Daily Open: Wall Street looks past political uncertainty
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on July 22, 2024. Timothy A. Clary | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
Read More
CNBC Daily Open: Biden drops out, endorses Harris
Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
Read More
CNBC Daily Open: Biden drops out
Traders on the floor of the New York Stock Exchange, Aug. 8, 2023. Source: NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you […]
Read More
Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’
ETF Edge Ethereum ETF countdown: Bitwise CIO sees ‘birth of a new asset class’ Published Wed, Jul 10 20247:00 PM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
Read More
China Evergrande's flagship device, founder punished for securities fraud
The Evergrande Team headquarters creating in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. China Evergrande Group founder Hui Ka Yan will be barred from the securities market place for everyday living and fined 47 million yuan ($6.53 million) immediately after the regulator accused the group’s flagship device of inflating […]
Read More
Bowlero, the public company that reimagined bowling, faces dozens of discrimination claims that the feds want to settle for $60 million
Bowlero, the buzzy bowling company that was one of the few successful stocks to emerge from the SPAC boom, is the subject of a sprawling federal investigation into age discrimination and retaliation that authorities now want to settle for $60 million, CNBC has learned. Negotiations over the settlement, proposed by the U.S. Equal Employment Opportunity […]
Read More
Bahamas regulators verify they’re keeping some of FTX’s property
FTX emblem with crypto cash with 100 Greenback bill are displayed for illustration. FTX has submitted for individual bankruptcy in the US, trying to find court security as it seems to be for a way to return dollars to consumers. Jonathan Raa | Nurphoto | Getty Photographs Securities regulators in the Bahamas conceded that they […]
Read More
This is what the Wells Fargo cross-advertising scandal implies for the bank’s advancement
Key Details The U.S. governing administration has established that Wells Fargo executives produced situations that developed mass-scale fraudulent action in the 2010s. The bank’s growth is capped just under $2 trillion on orders from the Federal Reserve. The cross-promoting scandal at Wells Fargo is a notorious example of the electric power of American banking institutions, […]
Read More