People a Asking: What Does the Future Hold for Elon Musk and Tesla? $TSLA On Tuesday, news broke that the Department of Justice had started a probe into Elon Musk’s 7 August ‘420’ Tweet: “Am considering taking Tesla private at $420. Funding secured.” The news of the DOJ inquiry sent Tesla stock tumbling yet again, […]
Tesla (NASDAQ:TSLA) Facing Criminal Probe Over CEO Musk’s Statements $TSLA Tesla (NASDAQ:TSLA) is under investigation by the Justice Department over public statements made by the company and Chief Executive Officer Elon Musk. The criminal probe is running alongside a previously reported civil inquiry by the SEC. Federal prosecutors opened a fraud investigation after Mr. Musk […]
Tesla (NASDAQ:TSLA) Investigation: SEC Asked About ‘420 Funding Secured’ Tweet $TSLA Tesla’s (NASDAQ:TSLA) biggest institutional investor said Wednesday it was questioned by the SEC about Elon Musk’s now-abandoned plans to take the fledgling EV maker private and that the CEO needed help running the company. “He needs help, and I mean that psychologically as much […]
Institutional Investors to Launch Services Dedicated to Cryptocurrencies $BTCUSD, $BLK, $GS, $C, $ICE, $JPM The rejections by the US Securities and Exchange Commission (SEC) for the Bitcoin-based ETFs exchange traded funds is no deterrent to aspiring firms hopeful of launching the long-awaited cryptocurrency product. Leading cryptocurrency exchange operator Coinbase has emerged as the latest contender in the race to launch a cryptocurrency […]
How Close was Saudi Arabia to Buying Tesla? $TSLA With privatization plans now off the table, we investigate how close Saudi’s electric dream was to becoming a reality In what became one of the most intriguing and beguiling business stories of recent years, Saudi Arabia emerged as a leading player in the complex and now defunct […]
Bitcoin Tracker One, Ether Tracker One Trading Suspended $CXBTF, $CETHF Bitcoin is still viewed with a jaundiced eye by Wall Street business titans. The Securities and Exchange Commission announced Sunday suspensions in trading of the securities Bitcoin Tracker One CXBTF, -2.38% and Ether Tracker One CETHF. In a statement, the SEC said trading was suspended as of 5:30p. EDT […]
China’s PBoC Intensifies Pressure on Cryptocurrency Activity $BTCUSD Chinese authorities have intensified pressure on domestic cryptocurrency activity. Beijing supports the development of the underlying blockchain technology, but it is still trying to limit speculation in digital currencies roughly 1 year since banning their sales in ICOs. Bitcoin prices surged last year as investors bet blockchain […]
The SEC Continues to Disapprove Bitcoin ETF Proposals $BTCUSD Again, the SEC has disapproved more proposals for Bitcoin ETF. The latest rejection has seen 8 bids turned down by the authorities; 2 from Proshares that would have tracked Bitcoin futures, another from GraniteShares and 5 more from Direxion. The SEC said that Bitcoin ETF markets […]
Bitcoin (BTC) Recovers, Key SKorean Exchange Back Online $BTCUSD Bitcoin is rallying this week after the 5th largest crypto exchange in the world, Bithumb, reopened. It had temporarily shut down new account registrations after a $30-M hack in June. All of this buying is coming from Asia, the biggest news in the market now is […]
Less Reporting Buy Public Companies Finally on the Table US President Donald Trump has decided to ask the Securities and Exchange Commission (SEC) to study allowing companies to file reports every 6 months instead of every 3 has delighted companies, and alarmed financial professionals who are used to getting detailed reports from companies every 90 […]
Tesla’s (NASDAQ:TSLA) Agreement with Panasonic Unchanged $TSLA Tesla (NASDAQ:TSLA) has revised an agreement that required it to buy all of the solar cells and modules Panasonic Tesla revised an agreement that required it to buy all of the solar cells and modules Panasonic produced at their jointly operated factory in Buffalo, New York Under the new terms […]
SEC’s Scrutiny of Tesla (NASDAQ:TSLA) and Elon Musk Expands $TSLA The US Securities and Exchange Commission has sent subpoenas to Tesla Inc (NASDAQ:TSLA) regarding CEO Elon Musk’s ‘420’ plan to take the company private and his statement that funding was “secured.” The fledgling EV makers shares fell as much as 4% but cut their losses […]
Bitcoin (BTC) Down to 8-Week Lows $BTCUSD, $ETHUSD Bitcoin dropped to an 8-week low Tuesday, while Ethereum, the 2nd-largest cryptocurrency in terms of market value, sank to a more than 1-year lows, as they continued their Bearish trend. The Turkish crisis has dampened risk appetite in recent sessions, spurring a sell-off in emerging market currencies […]
Bitcoin (BTC): 6000 is a Key Technical Mark for the Cryptocurrency $BTCUSD Currently, Bitcoin is trading at 6,342.9951,-12.00, or -0.19%, as of 5:58a BST, the market is open Bitcoin’s 6,000 price mark Key support, as for most part of Q-2 of Y 2018, Bitcoin price has hung around this zone with multiple bounces off the support mark. […]
After Joe Walsh publicly blamed Robert Matthews of fraud and claimed himself innocent, the wheels of justice kept turning. Many familiar with the case found it astounding that the FBI had claimed a $50m fraud against Robert Matthews but filed nothing on Joe Walsh. Joe Walsh took to the media to pass all blame on […]
SEC Inquires into Tesla (NASDAQ:TSLA) about Musk’s ‘420’ Tweet on Taking Company Private $TSLA CEO Musk’s ‘420’ declaration in a nutshell The US SEC has made an inquiry into Tesla (NASDAQ:TSLA) about whether 1 of Elon Musk’s Tweets regarding the possibility of taking the company private was truthful The US SEC is also looking into why Mr. […]
Bitcoin and Ethereum Deep Dive and All of the Alt-coins Took a Deep Dive $BTCUSD, $ETHUSD Bitcoin prices collapsed Wednesday after the SEC delayed its decision on the proposed Bitcoin-related ETFs submitted by VanEck and SolidX. Bitcoin (BTC) and other cryptocurrencies deep dived Wednesday, with many digital currencies losing more than 10% of their value. Bitcoin […]
Financial Advisors Have to Take Notice of Cryprocurrency Investments $BTCUSD, $ETHUSD Perhaps the most interest among everyday investors in several years are cryptocurrencies like Bitcoin or Ethereum. But, the majority of financial planners are less excited. Wirehouses including: UBS (NYSE:UBS), Merrill Lynch Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) have forbidden their advisors from buying and selling […]
Tesla’s (NASDAQ:TSLA) M3 Production Numbers in Question $TSLA Former Tesla (NASDAQ:TSLA) employee Martin Tripp has filed a whistleblower complaint with the SEC in which he alleges the company lied about Model 3 production numbers and put unsafe batteries in its EVs. According to the report the complaint repeats claims Mr. Tripp had previously made to BI, […]
Some of the Clouds Above Cryptocurrency Have Started to Blow Over $BTCUSD, $ETHUSD A dark cloud hanging over cryptocurrency investors may have blown over Thursday after the Securities and Exchange Commission (SEC) ruled that Ethereum (ETH) is not a security. Currently, Ethereum is trading at 513.42, -6.41, or -1.2331%, as of 4:48a BST, the market is open. Thursday […]
Tesla (NASDAQ:TSLA) Sued for “Pump & Dump” Securities Fraud $TSLA Tesla (NASDAQ:TSLA) has petitioned a federal court in San Francisco to dismiss a securities fraud lawsuit filed by shareholders, which accuses the automaker of lying about its ability to mass produce the Model 3 sedan. The lawsuit, filed in October, alleges that Tesla released false […]
Dubai Getting Ahead of “the Cryptocurrency Game” $BTC, $ETH, $CME, $CBOT The Big Qs are: How seriously should we take the rise of cryptocurrency? Is it a serious rival to traditional currency? Should businesses consider using cryptocurrency? What do they need to do to implement it? Is enough being done to educate individuals and businesses […]
Bitcoin Focused on Cracking, Breaking Key Resistance at $10,000 $BTCUSD Bitcoin prices rose Wednesday as the # 1 cryptocurrency by market value is focused on $10,000. Currently, Bitcoin is trading at: 9,344.3555,+305.20, or +3.38%, as of 6:24a BST, the market is open Prices ranged within $9,200 – 9,300 for most of the trading day. Bitcoin and some […]
SEC Official says, “ICOs Need Regulation” $BTCUSD The Regulators Want In! Securities and Exchange Commission (SEC) Commissioner Robert Jackson said in a TV interview that the ICO (initial coin offering) system is representative of what the broader market might look like without any of the regulation that keeps it in check. Mr. Jackson said, “If […]
Wall Street ‘White Paper’: Reduce Regulations, Encourage Capital Formation $NDAQ Cutting the Red Tape Wall Street lobby groups urged US policy makers and regulators to revamp rules to encourage more initial public offerings and to reduce the regulatory cost of staying public, in a white paper issued Thursday. Groups including the Securities Industry and Financial […]
Regulatory Rule Change Seen Coming to Allow Bitcoin ETFs $BTCUSD, $CBOE, $CME The US Securities and Exchange Commission (SEC) is considering a rule change that may allow bitcoin ETFs to be listed on exchanges. According to a document posted on the SEC website, the agency has begun the process to approve or disapprove a change in its rules that allows 2 […]
Japan Proposes Legalization of ICO Fundraising $BTCUSD, $ETHUSD Japan has unveiled proposed guidelines for the legalization of raising money in the cryptocurrency space. A government-backed research group has put forward rules that would see ICOs (initial coin offerings) given regulatory definition and approval. An ICO is a means of raising capital by issuing and selling new […]
CryptoCoins: Telegram Raises $1.7-B Ahead of Largest ICO Ever $BTCUSD Bitcoin has chilled in here but, investors buying onto what is expected to be the largest ICO (initial coin offering) ever, the messaging app Telegram. Telegram, a 5-year-old company, which has attracted users by extolling its encrypted-messaging service, raised $850-M from 94 accredited investors in […]
Coins, Tokens are Changing the Nature of Early Stage and Goal Fundraising ICOs (Initial coin offerings) are also called TGEs (token generation events), and they are changing the nature of early stage fundraising, and they have the potential to alter the mainstream investment ecosystem itself. Through ICOs, start-ups can raise capital by issuing crypto tokens […]
The Role of the US SEC in ICO Offerings As stated in the SEC mission statement, “The mission of the US Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” The SEC was created by Congress in 1934 as the first federal regulator of securities markets following […]
On The Crypto Age $BTCUSD At 1st when you heard of cryptocurrency and did an ICO (initial coin offering) then it was not a security and did not need to be registered with the US Securities and Exchange Commission (SEC). That did not last long Regulators and securities lawyers started looking at the ICOs getting […]
Canadian Marijuana Company 1st Ever to Be Listed on NASDAQ $CRON A Canadian cannabis producer will begin trading on the NASDAQ Tuesday, thus becoming the 1st marijuana company to be listed on a US stock exchange. Toronto-based Cronos Group won approval for the listing from the Securities and Exchange Commission (SEC). “It’s very significant for […]
Arcane Financial Products That Track VIX Questioned $CBOE, $VXX, $CS, $NMR Wall Street’s most widely followed ‘fear gauge’ of future stock market volatility is being manipulated, causing billions of dollars in losses a year to unwary investors, a law firm representing an “anonymous whistleblower” alleged in a letter to US financial regulators and released Monday. […]
Technically Bitcoin Could Test to Recent Lows $BTCUSD Bitcoin faded from highs, but is still supported, as total cryptocurrency market remained steady. The total cryptocurrency market cap rose to $391-B, up a bit from Wednesday’s close, after snapping 3 straight days of decliners Tuesday. The total cryptomarket market cap is still well below its early […]
US Lawmakers See Value in Blockchain Tech and Cryptocurrencies $BTCUSD Tuesday, US lawmakers pressed the 2 Top US securities regulators on cryptocurrency, and now the approach is ‘do no harm’ to the digital currency market, and monitor the ICO market. With that, a new Rally lit up Currently, Bitcoin is trading at: 7,549.9951, +1,578.52, or +26.43%, […]
US Securities Regulators Looking for Guidance on Cryptocurrencies $BTCUSD, $CME, $CBOE Cryptocurrency exchanges upset by the dive in Bitcoin prices may face more turbulence as the 2 Top US market regulators ask the Congress to consider federal oversight for the trading platforms. Currently, Bitcoin is trading at: 6,067.395, -1,876.61, or -23.62%, as of 5:05a GMT, the market is […]
President Trump’s SEC to Ban Frivolous Shareholder Litigation In its determination to reverse a 20 year decline in US stock listings, the SEC may soon offer companies an extreme incentive to go public, and that is the ability to bar “aggrieved” shareholders from suing. The Securities and Exchange Commission (SEC) in its long history has […]
SEC Taking a Hard Look at ‘Overnight’ Digital Currency Companies $BTCUSD Monday, the US Securities and Exchange Commission (SEC) made it known that it is taking a hard look at public companies that change their name and/or business model in a bid to capitalize upon the investor frenzy, and hyperbole surrounding blockchain technology, SEC Chairman […]
Bitcoin, How to Get to Yes Safely… $BTCUSD This week a Top division chief at the SEC outlined the commission’s concerns about the volatile-trading for cryptocurrency investments in a letter to 2 trade groups representing fund managers who have proffered a wide range of proposals for funds holding Bitcoin or related assets. The SEC’s division […]
Bitcoin Bears Have Sharp Teeth, Big Appetites and Deep Pockets The Data Show That Nearly 50% of ICO Investors are Europeans $BTCUSD $CME, $CBOE Nearly 50% of the cash that has poured into newly issued ICOs (cryptocurrencies) in recent years has been raised in Europe, research published Thursday showed. The report by Atomico, one of Europe’s […]
Global Cryptocurrency Crackdown Driving Search for Safe Havens $BTCUSD FLASH: Bitcoin’s price tapping at $10,000 each, currently trading at $9,914.4346, +182.86 or +1.88%. Confronted with national regulators’ scrutiny of digital currency fund-raising, known as ICOs (initial coin offerings), many entrepreneurs are moving businesses to locations neutral or more welcoming to cryptocurrencies and known for low […]
Bitcoin Futures Could Open the Way Into Crypto Markets $BTCUSD Bitcoin is spiking to a record after CME Group Inc.(NASDAQ:CME) said it’s planning to launch Bitcoin futures as the move could open the way for investors who have been standing on the sidelines as Bitcoin soared over 500% YTD. The cryptocurrency marked a high at […]
Bitcoin Marks Another Record High, Topping $6000 Each $BTCUSD The most widely used digital currency will now cost you about $6,092.71 apiece after blowing past the $5,000 and $6,000 for the 1st time earlier this month. Bitcoin’s total value is just over $100-B, meaning it makes up more than 50% of the overall cryptocurrency market. […]
Bitcoin Tapping at 6,000, Traders Ignore Pitfalls $BTCUSD Bitcoin closed in on another milestone Friday, as the digital currency approached $6,000 for the first time to put its gain in 2017 to more than 500%, and is currently trading at 5,974.01, +342.94, or 6.09% on the day. As Bitcoin continues rise, people are speculating that […]
Bitcoin Traders ‘Edgy’ Over Coming Regulations $BTCUSD Bitcoin fell as much as 5.9%, its biggest loss in almost a month, to as low as 5,247, it bounced and is now trading at 5,414.23, +42.00 or +0.78% on the day. Looks like the ‘edginess’ wore off quickly. Bitcoin traders waiting for a pullback in the cryptocurrency price […]
ICOs ALERT: SEC CYBER UNIT and TASK FORCE ICO With increased attention to how securities laws may apply to digital token sales and the disruptive nature of increased cyber threats to the investor community, the Securities Exchange Commission (“SEC”) last week announced two new initiatives. The SEC’s press release, found here, outlined the creation of the […]
President Trump’s Market ‘Rules’ Revamp Coming Real Soon The Trump Administration is set to release its road map for overhauling regulation of US markets It will be an expansive list of priorities that touches on the stock, bond and derivatives trading. The Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act of 2010 are the focus The […]
Bitcoin Trading Applications Snagged at SEC $BTCSD, $ICE An effort to allow investors to trade digital currencies as easily as stocks stumbled when backers withdrew 2 proposals to list Bitcoin funds. Intercontinental Exchange Inc.’s (ICE) NYSE Arca exchange Wednesday withdrew an application with the US Securities and Exchange Commission (SEC) to list Grayscale Investments LLC’s […]
DHS Found SEC had ‘Critical’ Cyber Weaknesses in January $EFX The US Department of Homeland Security detected 5 “critical” cyber security weaknesses on the Securities and Exchange Commission’s (SEC) computers as of 23 January 2017, according to a confidential weekly report reviewed by Reuters. The report’s findings raise fresh questions about a Y 2016 cyber […]
Warning, SEC Breach May Impact Trillions of Dollars $DIA, $SPY, $QQQ, $VXX, $EFX A breach discovered in a Key US Securities and Exchange Commission filings systems in Y 2016 can impact “trillions of dollars,” cybersecurity. It is the same issue as Equifax (NYSE:EFX), as they are supposed to be the guardians of trusted information. Equifax is […]
US Securities Regulator Admits Filings System ‘Hacked’ The US Securities and Exchange Commission (SEC) says a cyber breach, aka Hack, of a filing system it uses may have provided the basis for some illegal trading in Y 2016. In a statement posted Wednesday evening on the SEC’s website, the new SEC Chairman Jay Clayton says […]
TechCo’s Ignore SEC Warnings on ICOs Some technology companies looking to raise money by issuing digital coins are moving ahead with plans despite an SEC decision that their offerings may well be subject to toughen US securities laws. Such ICos (initial coin offerings) have helped startups to raise $1-B YTD, but until last week it […]
Crypto Coin Market is a ‘Time-Bomb’ that is Ticking Entrepreneurs issuing dispensable digital coins to cash in on the hype of Crypto currency are fanning a blockchain assets bubble. Firms have raised $1.3-B this year in digital coin sales, surpassing venture capital funding of blockchain companies and up more than 6X from the total raised […]
Changes From the SEC: Confidentiality is Key In a recent effort to foster increased public offering activity, the U.S. Securities and Exchange Commission (SEC) announced on 29 June 2017 that it will permit all companies to submit voluntary draft registration statements relating to initial public offerings (IPOs), certain follow-on offerings and national securities exchange listings […]
Sleepless Nights, a Cybersecurity Hack has Wide Business Implications Just about every survey of corporate General Counsels reveals the same #1 culprit of sleepless nights, a cybersecurity hack. If you run a business in today’s global environment, it is hard to escape the fundamental reality that it is more than likely a matter of when, […]
George Soros Betting Against President Trump and America $DIA, $SPY, $QQQ, $VXX Billionaire left-wing investor George Soros has increased what so far has been a losing bet against the US stock market and by extension President Trump and the American economy, he will get hammered. Notably, the CBOE Volatility Index (VIX) 12.18, -2.48, -16.9% better […]
New SEC Chairman Expected to take a “Loose” Approach to Dodd-Frank Last Thursday, Jay Clayton, 50 anni, US President Donald Trump’s nominee to lead the Securities and Exchange Commission (SEC), sought to assure lawmakers that he will show no favoritism and act only in the public interest. Mr. Clayton, a partner in the law firm […]
SEC says No to Bitcoin, Price Dives Deep Last week the SEC denied a Bitcoin’s ETF proposal filed by the Winklevoss Brothers. FLASH: On March 10 after the closing of the NYSE, the Securities and Exchange Commission (SEC) rejected the rule change for the Bitcoin ETF due to regulatory concerns. Following the announcement, the price per […]
SEC Approved Crowdfunding for Equity Investors As crowdfunding took off, many serious investors noted that something was missing from the process. Savvy investors want to put money into a promising crowdfunded product, but they also want more than an early edition of the product or a branded T-shirt for their money. This difference has made crowdfunding […]
Bitcoin Nears Record Highs Bitcoin Hits 3-year Peak, Nears Record High on US ETF Approval Talk Bitcoin hit its highest levels in more than 3 years Thursday and came within $3 of an all-time high, on speculation that the 1st Bitcoin ETF (exchange-traded fund) is set to receive approval from the US financial regulator. Traditional […]
Crowdfunding the Future, this is Just the Beginning Blockchain-based crowdfunding is becoming a huge phenomenon, with tens of millions of dollars pouring into different ICOs (Initial Coin Offerings) over the course of Y’ 2016, and Y 2017 is set to be an even bigger year as the technology matures. Like all new technologies and movements, […]
US Government Considering Scaling Back Dodd-Frank Conflict Minerals’Rule The US Securities and Exchange Commission (SEC) may soon change its Conflict Minerals Rule, which requires companies to trace and report whether their products contain minerals from a war-torn part of Africa. The regulation, issued in Y 2012 under the Dodd-Frank financial overhaul law, has targeted the […]
US Congress Setting Up to Ease Several Wall Street “Rules” The Republican leader of the House Financial Services Committee plans to scale back banking reforms, curb the consumer finance agency and ease regulations on financial institutions and companies looking to raise capital, according to a proposal seen Thursday. In a memo on the legislation he […]
Donald Trump Fills White House Team with America’s Top Bankers $GS US President Elect Donald Trump filled 5 Key posts in his admin with current former Goldman Sachs (NYSE:GS) executives. It’s a fact, billionaires know more about government…and they make up what is perhaps the most talented team in the history of the Presidency. As […]
Congress Giving President Donald Trump Tools “to wipe out abusive regulation” Wednesday, Republicans passed a bill in the House of Representatives that touched on nearly every step US agencies take in creating and applying new rules, continuing their blitz to radically reform “abusive” federal regulation of areas from the environment to the workplace. In a […]
Donald Trump Slates Wall Street Lawyer to Chair SEC $GS, $BABA US President Elect Donald Trump said Wednesday he intends to nominate Walter “Jay” Clayton, an experienced Wall Street lawyer, to lead the U.S. Securities and Exchange Commission. “Jay Clayton is a highly talented expert on many aspects of financial and regulatory law, and he […]
OCC Clamps Down Further on Well Fargo & Company (NYSE:WFC) $WFC Friday, the Key US bank regulator reversed course and revoked Wells Fargo & Co.’s (NYSE:WFC) right to shield the pay of former executives after a phony-accounts scandal. The lender also must now seek prior approval before naming new bank leadership, said the Office of […]
Many Wall Street Regulations to Fall, as SEC Chairwoman Steps Down Barack Hussein Obama once said, “You don’t want to ‘mess’ with Mary Jo.” American voters said, “You do not want to ‘mess’ with Donald Trump.” Mary Jo White, the Head of the Securities and Exchange Commission, announced Monday that she will step down 2 […]
GAWK, Inc. to Hold Investor Conference Call for Q-2 2016 Financial Results $GAWK Los Angeles, CA…September 27, 2016… GAWK Inc. (OTC PINK: GAWK) announced today that it will discuss its second quarter 2016 financial results with shareholders and other interested parties, at 4:00 PM EDT, September 28, 2016. The Company filed its quarterly report with […]
Apples’ (NASDAQ:APPL) CEO, Tim Cook, Dumped 38% of His Stock $AAPL Apple Inc. (NASDAQ:AAPL) CEO Tim Cook, 55 anni, recently marked his 5 year anniversary at the helm of the world’s most valuable company by market cap, and he received a boat load of shares, that he was quick to cash out for $64.55% from selling a […]
Goldman Sachs Bans Partners From Making Campaign Contributions GS Goldman Sachs (NYSE:GS) banned all of its partners from making campaign contributions to state and local candidates running for office, as well as state or local officials running for federal office. As of 1 September every partner is considered a “restricted person” prohibited from engaging in […]
SEC Declines Comment on Tesla (NASDAQ:TSLA) Securities Investigation EV maker, Tesla Motors (NASDAQ:TSLA) said it has not been informed of a SEC investigation into its disclosure of a fatal crash. The WS-J reported Monday that the US Securities and Exchange Commission (SEC) is investigating whether Tesla should have informed investors after a fatal crash on […]
SEC Proposes Expansion of the Smaller Reporting Company Many professionals have been lobbying the Securities and Exchange Commission (SEC) over recent years to increase the pool of public companies that can qualify for the scaled disclosure requirements available to smaller registrants, the SEC is seeking comments for proposed amendments that will expand the definition of […]
Central Banks, “Spend money, or Buy stocks” $DIA, $SPY, $QQQ, $VXX Last week, Former President of the Federal Reserve Bank of Dallas, Richard Fisher, offered this alert advice, to investors and consumers, “I would be prepared when they move — and I hope they move sometime in June — there’ll be a settling in of […]
SEC Approves New Stock Exchange after Long Debates and Delays The US is getting a new stock exchange. After months of delays and a lobbying battle that divided Wall Street, the IEX Group won approval Friday from the Securities and Exchange Commission (SEC) to become the nation’s 13th official stock exchange. IEX is run by the […]
Silicon Valley Aims to “Break” Wall Street Control of Stock Markets Eric Ries, 37 anni, the author of the best-selling entrepreneurship manifesto “The Lean Startup,” floated a very provocative idea in the Epilogue: Someone should build a new, “long-term” stock exchange. He wrote, Its reforms would amend the Quarterly cycle to encourage investors and companies […]
Thursday’s Technical Outlook for DJIA (.DJI) $DIA, $DJI Wednesday, US stocks rallied on the back of Crude Oil’s strength, with the DJIA adding 145 pts to close at 17,851.51. The NAS Comp advanced 33 pts to end at 4,894.89, and the S&P added 0.70% to 2,090.54. Risk appetite on dominated markets from the start of […]
GAWK, Inc. Files Form 10K, Reports Company Revenue Up 984% Los Angeles, CA…May 25, 2016 – GAWK Inc. (OTC PINK: GAWK) today announced that on May 24, 2016, the Company filed its Annual Report on Form 10-K for the year ended January 31, 2016 with the U.S. Securities and Exchange Commission. In the filing, the […]
SEC Cracking Down on Misleading “Shocking” Corporate Accounting $DIA, $SPY, $QQQ, $VXX SEC’s chief accountant for corporate sending message to companies that aggressively engage in misleading adjusted earnings measures. Mark Kronforst, chief accountant of the SEC’s corporation finance division, warned that the SEC is sending a message to companies that excessively engage in misleading accounting. […]
Bear Market “Radar” on High Alert $DIA, $SPY, $QQQ, $VXX The US Securities and Exchange Commission is set on putting a stop to the accounting methods that artificially inflate company profits. According to an industry notice he SEC is getting ready to step up its scrutiny of companies’ “homegrown earnings measures,” signaling it plans to […]
American’s are Outraged at Obama’s Transgender Directive Donald Trump vowed Monday that if elected US President he will rescind the Obama administration’s new directives aimed at protecting transgender people against discrimination in schools and healthcare coverage. America’s conservative leaders are outraged over US President Barack Hussein Obama’s directive to all public schools to allow transgender students to use […]
New Crowdfunding Rules Effective Now New rules crowdfunding rules effective Monday, 16 May allow Americans earning less than $100-K a year to invest in small businesses and startups. Investors can now risk $2,000 a year or more investing in small companies in exchange for a stake in the business. Companies can raise up to $1-M […]
Wall Street is on “Parade” 4 Time a Year, Is It Time to Change? $DIA, $SPY, $QQQ, $VXX As it is now 4X a year there is a “parade” on Wall Street, wherein companies announce their Quarterly earnings, all in a row. The banks lead, then the tech companies, the retailers bringing up the rear. […]