SEC Charges Pharma CFO and Former Partner with Insider Trading

SEC

The Securities and Exchange Commission today charged the former Chief Financial Officer of pharmaceutical company Immunomedics, Inc. and his former romantic partner with insider trading in the company’s stock. read more »

Biden and Trump SEC Chiefs Trade Tips on How to Regulate Crypto

NY TIMES

Regulators on the left and right rarely agree on policy. Yet, when it comes to cryptocurrency, two men who have led the Securities and Exchange Commission are remarkably aligned: The technology and offerings may be new, but old rules still apply. read more »

EU fines 4 banks $390M in foreign exchange trading cartel

AP

The European Union said Thursday that it has fined four major banks a combined $390 million for colluding in a foreign exchange spot trading cartel that allowed them to beat inherent risks in currency deals. read more »