U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance June 7, 2023 By Jonathan Stempel, Hannah Lang and John McCrank The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major...
SEC Assessed Record Penalties in Fiscal 2022 November 15, 2022 By John McCrank The U.S. Securities and Exchange Commission assessed a record $6.4 billion in fines and ill-gotten gains as it picked up...
U.S. SEC Chair Says Much to Be Done to Protect Crypto Investors May 17, 2022 By John McCrank Cryptocurrency assets are highly speculative and investors in them need more protections or they could lose trust in the markets,...
Buffett Extols U.S. Economic Recovery, Laments SPACs, Shrugs Off Tax Hike May 3, 2021 By Jonathan Stempel and John McCrank Warren Buffett said on Saturday that Berkshire Hathaway Inc. is being lifted by a U.S. economy faring far better than...
Sign Here First: Reopening Businesses Turn to Liability Waivers, Disclaimers June 1, 2020 By Suzanne Barlyn and John McCrank As U.S. businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons...
NY Stock Exchange Partially Reopens Trading Floor; Traders, Staff Sign Liability Waivers May 28, 2020 By John McCrank New York Governor Andrew Cuomo donned a face mask and rang the opening bell at the New York Stock Exchange...
Financial Trade Group, Stock Exchanges Resolve Broker Liability Database Dispute May 14, 2020 By John McCrank A financial industry trade group said on Wednesday it resolved a dispute with U.S. stock exchanges that had threatened to...
Financial World’s Blockchain Euphoria Gives Way to Pragmatism as Projects Stall July 17, 2019 By Anna Irrera and John McCrank Two years ago Nasdaq Inc. and Citigroup Inc. announced a new blockchain system they said would make payments of private...
Equifax Breach Could be Costliest Yet at $439M; Insurance to Cover $125M March 4, 2018 By Jim Finkle and John McCrank Equifax Inc. said it expects costs related to its massive 2017 data breach to surge by $275 million this year,...
Equifax Promises Improved Consumer Access to Credit Records September 29, 2017 By John McCrank Equifax Inc. promised to make it easier for consumers to control access to their credit records in the wake of...