The U.S. Securities and Exchange Commission (SEC) has made moves to impose stricter controls on retail brokerages such as Robinhood Markets Inc., in an effort to safeguard customers from the dangers posed by the application of advanced analytics. The regulators are concerned these firms could exploit ...Read More

Senators Kirsten Gillibrand [D-NY] and Josh Hawley [R-MO] are endorsing the “Ban Stock Trading for Government Officials Act,” a recently proposed bill aimed at prohibiting stock trading by members of Congress, the president, vice president, senior executive branch officials, and their relatives. The proposed legislation ...Read More

Robinhood, a crypto and stocks trading platform, has not escaped the biting crypto winter that has been ravaging the space. In a new announcement, the company has revealed a significant decline in its trading volumes as regulatory pressure mounts on crypto firms. Robinhood Crypto ...Read More

A British foreign exchange company boss who used investors’ cash to fund his luxury lifestyle was sentenced in his absence to 14 years in jail on Friday over a 70 million pound ($88 million) Ponzi scheme. Anthony Constantinou was found guilty last month of one count ...Read More

On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000. Two days later, with the government working to ...Read More

Shares of Credit Suisse fell early in Tuesday trade to hit a new all-time low, after the bank announced it had found “material weaknesses” in its financial reporting processes for 2022 and 2021. The embattled Swiss lender disclosed the observation in its annual report, which was ...Read More

The Securities and Exchange Commission today announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks. According to the SEC, since at least January 2020, seven of ...Read More