In this episode, we talk with Sultan Meghji, the former head of innovation at the FDIC, about financial regulation and what it will take to truly modernize the banking system
Leading the news this week was the incredible demise of Fast that imploded this past week. Also making news was a big M&A deal from Fast archrival Bolt, Jamie Dimon's shareholder letter discusses tech, the UK go all-in on crypto, the SEC wants to regulate crypto exchanges and more.
Investors will be able to gain exposure to bitcoin through the fund, without direct exposure to the volatile currency that traded over $62,000 over the weekend alongside this and other pro-crypto news. On Tuesday morning, the ProShares ETF went live under the ticker BITO at around $40.
Gensler said his biggest worry about the equity market was competition and consolidation. While retail investing has taken off, the PFOF that enables it is ripe for conflict of interest.
This week's news was dominated by the crypto meltdown, or more specifically, the rapid demise of stablecoin TerraUSD and its paired token Luna, which impacted the entire market.
It is easy to forget that the Washington we read about or see on television is quite different from the...
It's not a new thing. PFOF has been a contentious issue for more than 30 years. But, with the rise of feeless retail trading options since 2018, PFOF is back in the news.
[Editor’s note: This is a guest post from Ryan Metcalf, Head of Public Policy & Social Impact at Funding Circle.] The Paycheck...