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The SEC’s new climate disclosure rule is facing legal challenges
US Securities and Exchange Commission head Gary Gensler said that the rule requiring firms to disclose carbon emissions “will allow investors to make decisions about which risks they want to take.” Gensler, who was appointed by President Donald Trump, said that investors will get to decide which risks they would like to take so long…
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The SEC’s official account was compromised and used to post fake news
The official X account of the US Securities and Exchange Commission (SEC) has been “compromised”, resulting in the publication of an “unauthorized” post, SEC Chair Gary Gensler said. The post was regarding regulatory status of Bitcoin ETFs, a financial product that could allow people to invest in Bitcoin like standard stocks. The post has since…
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The collapse of the FTX is believed to be the last one.
US Securities and Exchange Commission head Gary Gensler said on CNBC on Thursday that while the crypto space is regulated, investors “need better protection”. Gensler said this while speaking about FTX CEO Sam Bankman-Fried. The SEC and Justice Department are looking into FTX. Bankman-Fried put up $1 billion to bail out companies and shore up…