Regulators probe block trading at Wall Street banks, hedge funds

REUTERS

Federal investigators have launched a probe into block trading at Wall Street hedge funds and banks including Morgan Stanley (MS.N) and Goldman Sachs Group Inc (GS.N), the Wall Street Journal reported, citing people familiar with the matter. read more »

SEC Charges 12 Additional Financial Firms for Failure to Meet Form CRS Obligations

SEC

The Securities and Exchange Commission today announced that six investment advisers and six broker-dealers have agreed to settle charges that they failed to file and deliver client or customer relationship summaries – known as Form CRS – to their retail investors by the required deadline and, in some cases, failed to include all information necessary to satisfy Form CRS requirements. read more »

‘Heist of the century’: US bitcoin case tests ability to crack down on cybercrime

THE GUARDIAN

The prosecution of a New York husband and wife arrested last week on suspicion of stealing $3.6bn in bitcoin in what has been described as “the heist of the century” may test US authorities’ ability to crack down on cybercrime. read more »