Daily Archives: March 5, 2023, 10:19 am

Effort to Ban Stock Trading Among Executive Branch Officials Renewed – WSJ

WASHINGTON—Sen. Josh Hawley (R., Mo.) is expected to introduce legislation Monday that would ban senior executive branch officials from owning or trading individual stocks, a push to toughen restrictions on conflicts of interest in the federal government. Mr. Hawley’s bill is the latest fallout from a Wall Street Journal series that identified a sweeping pattern of financial conflicts across the…

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Binance.US Is Operating ‘Unregistered Securities Exchange,’ SEC Official Says

A U.S. Securities and Exchange official said agency staff believe Binance.US is operating an unregistered securities exchange in the U.S., and that staff believe the sale of VGX tokens by Voyager Digital violated federal securities laws. Speaking at a bankruptcy hearing to determine if Voyager should be sold to Binance.US, SEC Senior Trial Attorney William Uptegrove said he was responding…

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