Tag: Crypto
SubscribeSEC Shows “Burying” Bad News Isn’t Just the Domain of Corporate Interests
Recently, we broke down some of the public relations games that companies have been known to play when they have bad news to report. For example, they might issue a press release on benign developments the same day they disclose damaging in...
Read MoreSEC Cracks Down on Crypto Exchanges
The big story in the investment world last week was the Securities and Exchange Commission initiating a long-anticipated showdown with the cryptocurrency sector. On June 5, the agency filed a lawsuit against the world’s largest crypto excha...
Read MoreFASB Issues Proposed Update for Crypto Accounting
When it comes to regulating cryptocurrency, the federal government for roughly a decade has taken the de facto position of kicking the can down the road. Even though the task of defining what crypto is has flummoxed regulators, that hasn’t...
Read MoreSEC Backs Big Budget for Crypto Crackdown
The Biden administration has proposed a record-smashing $2.4 billion budget for the SEC in fiscal year 2024, and it’s apparently already burning a hole in Gary Gensler’s pocket. To hear him tell it, the SEC chair is more than ready to use t...
Read MoreSEC Issues New Crypto Guidance in Wake of FTX Mess
This year, cryptocurrency exchange FTX joined companies like Enron and Lehman Brothers on the list of infamous corporate implosions. As Wall Street and legal authorities continue to sort through the rubble, the Securities and Exchange Commi...
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