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Keeping US CPI Inflation Data Secret Involves NDAs and Plain Facial Expressions – Bloomberg

The data are so important, staff were once instructed to have no facial expressions when walking the reports into the West Wing of the White House. And yet, a surge in trading last week in the minutes before the release of the consumer price index — a closely watched US inflation measure — spurred concerns […]

SEC’s Crypto Crackdown Is Just Getting Started After FTX Blowup

Gensler chided platforms for not walling off the different parts of their business, such as custody and market-making functions. He also said client funds often aren’t being properly segregated — a problem that’s gained a lot of attention following the failure of FTX. *** On Thursday, Gensler also took issue with so-called proof-of-reserves reports, which […]