Hedge Fund Lobby Readying Law To Ban Sell-Side Research
Not really, or at least not yet, but man would it be a windfall.
Regulation
After WeWork's Epic Buttfumble, SEC No Longer Curious How Snap IPO Happened
Jay Clayton's people come to the conclusion that this IPO market might not be technically criminal, but it is certainly very extremely dumb.
Congressman Pleading Guilty To Insider Trading Somehow Avoids Getting Two-Year SEC Ban From Doing Congress
Rep. Chris Collins should have just started a hedge fund.
SEC Sues Over ICO That Messaging App CEO Described As "Hail Mary" Cash Grab
A Canadian messaging app notorious for letting minors sext each other selling $100 million in digital currency isn't a securities violation, it's Darwinism.
Elon Musk Is Clearly Still Struggling With His Addiction To Doing Bad Tweets
The Tesla board can only help someone if he wants to help himself.
Goldman Sachs Hoping To Sate The Bloodlust of Malaysians By Making Lloyd Blankfein's Retirement A Little Less Comfortable
Guess who's walking away clean on the whole 1MDB thing though...
Former Barclays Exec In Hot Water For Being Confused About Words Like "Bribe" And "Butthole"
Richard Boath reportedly calls bribes "bungs," and also doesn't know how bribes work.
Elizabeth Warren Makes Official Inquiry Into Whether Steve Mnuchin Is Dangerously Incompetent Or Just Incredibly Stupid
If Stevie Mnooks isn't going to Davos, can he answer some questions about what the hell is going on behind those blank, gormless eyes?
The French Are Giving Themselves A Second Chance On This Danske Bank Thing
In light of all the other international investigations, maybe Danske was a wee bit more than an “assisted witness.”
Wells Fargo Admits That It Will Remain In A Bad Bank Time Out For 2019
America’s naughtiest lender will stay under Fed punishment for the whole year.
Deutsche Bank Blaming Latest Legal Trouble On John Cryan Because Old Habits Die Hard
Meet the new boss, blaming the old boss!
SEC Apparently Investigating How Anyone Thought The Snap IPO Was A Good Idea
Investors are asking regulators to look into why no one told them about Facebook being a thing.
Elon Musk Refuses To Let Brett Kavanaugh Have All The Fun Today
No one comes between Elon and a hot news cycle.
The Justice Department Is Beginning To Think That Wells Fargo Might Have Made Some Mistakes
There have been some whispers.
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IRS Fines Swiss Bank For Being A Bank In Switzerland
The US Government contemplating cracking down on leopards for having spots.
Senate Banking Committee Moves Kathy Kraninger One Step Closer To Being Elizabeth Warren's Human Punching Bag
Congrats, Kathy, buy a helmet.
The Coming Age Of Trust-Busting Remains Techs Biggest Risk
The Valley better watch its back.
Washington Is Finally Standing Up For The Nation's Beleaguered Banks
Finally, someone is helping the banks.
Today Is Apparently The Day To Do That Massive Financial Crime You've Been Planning
Michael Piwowar tweets goodbye to the SEC in bizarrely lame picture form.
Mick Mulvaney To Banking Industry: I Don't Dance Now, I Make Money Moves
Only Mick Mulvaney would have the balls to explain lobbying to lobbyists.
Facebook Stock Surges On Strong Signals That Old People Can't Stop/Understand Facebook
Nothing helps Facebook stock like 40-odd luddite septuagenarians.
Silicon Valley Is Begging For Wall Street-Style Regulation
ie Cosmetic and lame rules loosely enforced that provide a placebo effect for an industry that Washington doesn't full grasp.