Justice department’s prosecution of Indian billionaire has wide economic and diplomatic implications
Regulator had pushed through a blizzard of new rules during his tenure
US corruption charges against one of India’s richest men sent shares in his businesses reeling
Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme
Conservative groups and lawmakers eye restrictions on proxy firms as new era in Washington emboldens their critics
Ken Griffin’s Citadel Securities is among those challenging the US market surveillance system
SEC has only allowed spot bitcoin and ether ETFs, while Europe has ETPs invested in about 30 cryptocurrencies
Swedish buy now, pay later pioneer submits documents for widely anticipated flotation
Bankers are cheering the prospects for a lighter regulatory touch, but guardrails do benefit their industry
Bankers, private equity executives and money managers anticipate change in personnel and tone
FinReg FUBAR
Crypto exchange accuses securities watchdog of ‘over-reach’ and argues it ‘cannot lawfully regulate’ token sales
The number of low-price, highly speculative stocks on exchanges has exploded, harming investors
No trading suspensions, no drama
Regulator softens complex initial proposal after industry pushback
Regulator’s case against Prager Metis details alleged failures in examining the exchange before its collapse
Research tracking mobile data shows how some corporate insiders avoided losses by selling around the time regulatory staff visited
Thai subsidiary accused of winning government contracts with inducements
Larger firms will have to set up an oversight board with at least one independent outsider
We hardly knew ye
Market maker attacks ‘brazen’ efforts by exchanges to recoup costs of ‘Consolidated Audit Trail’ that tracks securities trading
Decision against Dozy Mmobuosi by US court comes after civil complaint by SEC against his Nasdaq-listed companies
Could do better. C–
Plus, updates on Mango Markets and FTX’s Ryan Salame
Plus, the great lengths of H2O Asset Management and a long-shot bid emerges for 7-Eleven