Daily Archives: December 17, 2020, 9:05 pm

Coinbase, a top cryptocurrency company, files for initial public offering – The New York Times

The cryptocurrency company Coinbase has joined the rush of start-ups looking to go public. The company said on Thursday that it had filed confidentially for an initial public offering with the Securities and Exchange Commission. It gave few other details. Source: Coinbase, a top cryptocurrency company, files for initial public offering. – The New York Times

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SEC Charges Robinhood Financial With Misleading Customers About Revenue Sources and Failing to Satisfy Duty of Best Execution

The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms for routing customer orders to them, and with failing to satisfy its duty to seek the best reasonably available terms to execute customer orders.  Robinhood agreed to pay $65 million to settle the charges. Source:…

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Perkins Coie Bolsters National Practice With 17 White Collar and Financial Services Litigation Lawyers From Richards Kibbe & Orbe | Perkins Coie

Perkins Coie announced today the addition of 17 white collar and financial services litigation attorneys from the prominent firm of Richards Kibbe & Orbe (RKO), marking the largest such practice expansion in the country in recent years. The addition of the Chambers-ranked group, which serves a range of financial institutions, significantly expands Perkins Coie’s New York office and its national…

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