regulation
- Stocks
Grayscale’s LaValle expects the SEC to approve its spot bitcoin ETF by July 2022
David LaValle, global head of ETFs at Grayscale Investments, said on Wednesday that he expected the U.S. Securities and Exchange…
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Elon Musk slams billionaire tax: ‘Eventually, they run out of other people’s money and then they come for you’
Elon Musk is among those finding fault with a proposed new annual tax on billionaires’ unrealized capital gains, with the…
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Banks will not challenge UK bonus cap, bosses say
The City’s top banks have no interest in lobbying to change the controversial limit placed on UK banker bonuses, a raft…
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FCA frustrates staff attempt to drum up union support
Bosses at the Financial Conduct Authority have thwarted the efforts of a group of disgruntled employees to encourage colleagues to unionise…
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U.S. moves closer to vaccinating young children, and WHO warns pandemic is ‘far from finished’
In positive news for parents, a U.S. Food and Drug Administration advisory committee voted 17-0 in favor of vaccinating children…
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Former HSBC operations chief Andy Maguire named board chair at Napier
HSBC’s former chief operations officer Andy Maguire has been appointed as board chair at anti-financial compliance firm Napier. Maguire has…
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Ex-tribal police chief guilty of selling badges for $300K to wealthy LA residents — so they could carry concealed weapons
The former chief of a tribal police department in southern California has pleaded guilty to selling $300,000 worth of badges…
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‘This is screwed up’: The proposed IRS bank-account reporting rule is revised, but Manchin still doesn’t like it
The Biden administration has already scaled back its controversial idea to have banks tell the Internal Revenue Service about the…
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Booming home prices are boosting state and local governments
Property tax collections hit the highest since at least 2009 as the housing market stayed hot through the COVID-19 downturn,…
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Fed governor flags threat from the demise of community banks and ‘unhealthy level of similarity’ in banking system
Fed governor Michelle W. Bowman has called for continued study of a sharp drop in community bank startups as a…
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