Gary Gensler

Report: First Citizens Bank Could Buy SVB
Report: First Citizens Bank Could Buy SVB
March 19, 2023  |  Banking

First Citizens Bank is reportedly offering to purchase failed lender Silicon Valley Bank. According to a Sunday (March 19) Bloomberg News report, the North Carolina-based...

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SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
March 15, 2023  |  Banking

New laws, and new investigations, often follow bank crises.  And after the collapse of two banks and one self-liquidation in just five days, calls are growing both for a...

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SEC Considering Rules Around Asset Custody and Predictive Data Analytics
SEC Considering Rules Around Asset Custody and Predictive Data Analytics
March 02, 2023  |  Regulation

Investment advisers should be wary of cryptocurrency trading and lending platforms and predictive data analytics. So said Securities and Exchange Commission (SEC) Chair Gary Gensler...

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Bankman-Fried Allies Plead Guilty in FTX Fraud
Bankman-Fried Allies Plead Guilty in FTX Fraud
December 22, 2022  |  Legal

Two allies of FTX founder Sam Bankman-Fried have pleaded guilty to fraud and are cooperating with prosecutors. Caroline Ellison, former CEO of FTX sister firm...

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Crypto’s Offshore And Off-Book Habits Raise Challenges for US Regulators
Crypto’s Offshore And Off-Book Habits Raise Challenges for US Regulators
December 08, 2022  |  Cryptocurrency

FTX’s implosion has shown how much the crypto industry thrived between regulatory and jurisdictional gaps. It has also revealed the dangers inherent to consumers that...

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Today in Crypto: Gensler Steps Up; Coinbase Beat Down
Today in Crypto: Gensler Steps Up; Coinbase Beat Down
December 07, 2022  |  Cryptocurrency

Here’s a look a some of the events shaping the cryptocurrency landscape Wednesday (Dec. 7). Governments step up to the plate, while market makers slim...

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SEC Hits Kim Kardashian With $1.26M Fine for Crypto IG Posts
SEC Hits Kim Kardashian With $1.26M Fine for Crypto IG Posts
October 03, 2022  |  Cybersecurity

Reality star and social media influencer Kim Kardashian was fined $1.26 million by the Securities and Exchange Commission (SEC) for failing to mention that she...

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SEC’s Gensler Says Staking May Turn Crypto Into Securities
SEC’s Gensler Says Staking May Turn Crypto Into Securities
September 15, 2022  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has said Ethereum’s long awaited “Merge” could turn the cryptocurrency into a security, the Wall Street Journal (WSJ) wrote....

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SEC Chair Gensler Backs Granting CFTC More Crypto Oversight
SEC Chair Gensler Backs Granting CFTC More Crypto Oversight
September 09, 2022  |  Cryptocurrency

In order to best protect investors, regulating bodies must collaborate to establish clear policies, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler said in...

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