Monthly Archives: March 2021

Coinbase Hires Ex-SEC Director to Run Capital Markets Division – WSJ

Coinbase named Brett Redfearn, most recently the director of the SEC’s division of trading and markets, to run its capital-markets group, which includes its exchange operations and a brokerage and custody business. Mr. Redfearn, who left the SEC in December, is the second high-ranking former SEC official this week to take a role with a bitcoin-focused business. On Monday, former…

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Brooklyn Man Charged in Long-Running International Insider Trading Scheme | USAO-EDNY | Department of Justice

According to the indictment, between November 2015 and October 2020, Peltz and his co-conspirators engaged in a fraudulent scheme by which they obtained MNPI about publicly traded companies from a variety of sources, including a corporate insider and a reporter at a financial news organization (the “Reporter”).  Peltz and his co-conspirators allegedly used the MNPI to profitably trade in securities…

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SEC Responds to Investor Demand by Bringing Together Agency Information About Climate and ESG Issues

The SEC today launched a new page on its website to bring together agency actions and the latest information about climate and environmental, social and governance (ESG) investing. In response to increased investor demand for this information, the page will appear on the front page of SEC.gov and will be updated as the agency continues to respond to investors. Source: SEC.gov…

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Leon Black quits leadership positions at Apollo | Financial Times

Leon Black has quit his leadership positions at Apollo Global Management, ceding power after the investment firm he co-founded 30 years ago became overshadowed by an outcry over his ties to the late paedophile Jeffrey Epstein. Former Securities and Exchange Commission chairman Jay Clayton will become non-executive chairman, a role that Apollo had previously indicated that Black intended to keep.…

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