U.S. SEC set to unveil tighter rules on blank-check companies REUTERS The U.S. securities regulator on Wednesday will unveil a proposal to tighten its rules on special purpose acquisition companies (SPACs) after a frenzy of deals in 2020 and early 2021 sparked concerns some investors are getting a raw deal. read more » U.S. SEC issues new guidance for brokers, advisors on investment recommendations REUTERS
Former Michigan troop leader arraigned on sex abuse charges WASHINGTON POST A former troop leader has been arraigned on multiple charges stemming from Michigan’s review of child sexual abuse lawsuits against the Boy Scouts of America. read more » Activision Blizzard officially settles federal sexual harassment suit for $18 million WASHINGTON POST
Wall Street regulator proposes to expand the definition of broker-dealers REUTERS The U.S. Securities and Exchange Commission (SEC) on Monday proposed expanding the definition of broker-dealers and mandating that Principal Trading Firms (PTFs) must register with the agency. read more »
A Once Promising Tennis Player Speaks Out Against a Former U.S.T.A. Coach NEW YORK TIMES After being sexually assaulted by a coach at the U.S.T.A. national training center in Orlando in 2018, Kylie McKenzie is starting over on the court, and telling her story with hopes that she can help other women. read more »
U.S. snowboarding coach no longer with team amid sexual misconduct allegations WASHINGTON POST