Daily Archives: December 23, 2021, 8:59 pm

SEC Says Bah Humbug to Spot-Bitcoin ETFs With Latest Rejections – Bloomberg

The U.S. Securities and Exchange Commission said on Wednesday that the proposals from Valkyrie Investments and Kryptoin failed to meet requirements to prevent fraudulent and manipulative practices that are needed to protect investors. It allowed futures-backed Bitcoin ETFs to be offered in October. The earlier-than-expected decision from the SEC could suggest a 2022 approval for a pure Bitcoin fund may…

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To Pay for Longer, Later Retirements, Consult a ‘Financial Gerontologist’ – The New York Times

Ms. Hutchins was named to the newly created role in 2014, shortly after obtaining her master’s degree from the University of Southern California’s Leonard Davis School of Gerontology. At the time, Merrill Lynch (which had not yet merged with Bank of America) was the first major bank to employ a financial gerontologist, and is still the only major one to…

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Mum’s (Still) the Word With SEC Losses | LinkedIn

In this June 2013 Wall Street Journal op-ed titled “Mum’s the Word About SEC Defeats,” I called out the SEC for its troubling refusal to update its website when it loses or dismisses an enforcement case that it previously touted. After all, I argued, the agency routinely splashes its incendiary allegations of wrongdoing across its website and social media platforms upon…

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