Markets
Regulators Scrutinize ‘Mention Markets’ Amid White House Controversy
Federal officials are investigating "mention markets" on prediction sites, where bets are placed on spoken words, following a White House incident involving...
#financial regulation 26 articles
Markets
China Reopens Shanghai FTZ Bond Market with Tighter Rules
China's Shanghai free-trade zone bond market is showing signs of revival after a 2023 crackdown, with Shanghai Electric Group Co. launching the...
Stocks
Ex-CFPB Enforcement Leaders Launch Consumer Rights Law Firm
Three former senior enforcement officials from the Consumer Financial Protection Bureau (CFPB) have established a new public interest law firm to champion...
Investing
Farage Donor’s Crypto Giant: $500 Billion Valuation Meets UK Regulatory Scrutiny
Tether, a secretive $500bn crypto firm backed by Nigel Farage's biggest donor, Christopher Harborne, faces questions over its potential influence on UK...
Finance
Nu Mexico Secures Bank Authorization, Targets Largest Digital Bank Status
Nubank's Nu Mexico unit received authorization to operate as a bank, with 30 days to complete its transformation, aiming to become Mexico's...
Markets
Goldman Sachs Curbs Employee Prediction Market Trading
Goldman Sachs has banned employees from trading on prediction markets, citing compliance concerns. This move reflects a broader trend among financial firms...
Economy
Fed Chair Warsh Assembles Five Expert Task Forces for Comprehensive Policy Review
Federal Reserve Chairman Kevin Warsh has launched five independent task forces, co-led by external advisors, to critically examine the Fed's methods, analytical...
Finance
UK Banks Fail Vulnerable, FCA Demands Basic Account Access Fixes
The FCA found UK banks pushed homeless and financially distressed customers away from basic bank accounts, rating a third of interactions as...
Investing
JPMorgan Executives Urge Banking Rules for Digital Assets
JPMorgan Chase executives Umar Farooq and Peter Muriungi advocate for robust banking rules to apply to digital assets, citing risks of weak...