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Whistleblower Alert! SEC Awards Whistleblower More Than $18 Million. With the award 10%-30% of the fine levied, the fine for this infraction ranged between $60 million and $180 million.

Whistleblower Alert! SEC Awards Whistleblower More Than $18 Million. With the award 10%-30% of the fine levied, the fine for this infraction ranged between $60 million and $180 million.

It sure would be great to know more about leads to such a big fine! https://www.sec.gov/files/rules/other/2023/34-98219.pdf TLDRS: * SEC Awards Whistleblower More Than $18 Million. * With the award 10%-30% of the fine levied, the fine for this infraction ranged between $60
dismal-jellyfish ๐Ÿ“ฐ News
U.S. Department of the Treasury, IRS Release Proposed Regulations on Sales and Exchanges of Digital Assets by Brokers. OPEN for comment!

U.S. Department of the Treasury, IRS Release Proposed Regulations on Sales and Exchanges of Digital Assets by Brokers. OPEN for comment!

Source: https://public-inspection.federalregister.gov/2023-17565.pdf How to comment: * www.regulations.gov (use IRS and REG-122793-19 to identify your submission) * 60 days is October 28th, 2023 60 days is October 28th, 2023 Press Release: The U.S. Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS)
dismal-jellyfish ๐Ÿ“ฐ News
Wells Fargo Settles with SEC for overcharging more than 10,900 investment advisory accounts more than $26.8 million in advisory fees from 2014 thru December 2022.

Wells Fargo Settles with SEC for overcharging more than 10,900 investment advisory accounts more than $26.8 million in advisory fees from 2014 thru December 2022.

Wells Fargo agreed to pay a $35 million civil penalty without admitting or denying the SEC charges. https://www.sec.gov/files/litigation/admin/2023/34-98221.pdf Penalty? Admission of nothing, a censure, and $35 million fine Press Release: The Securities and Exchange Commission today charged Wells Fargo Clearing Services
dismal-jellyfish ๐Ÿ“ฐ News
Yale University: 66.1% of retail investors and 56.03% of institutional investors believe the probability of a catastrophic stock market crash in the U. S., like that of October 28, 1929 or October 19, 1987, in the next six months is above 10%.

Yale University: 66.1% of retail investors and 56.03% of institutional investors believe the probability of a catastrophic stock market crash in the U. S., like that of October 28, 1929 or October 19, 1987, in the next six months is above 10%.

https://som.yale.edu/centers/international-center-for-finance/data/stock-market-confidence-indices/united-states Wut mean?: I wonder why folks may be feeling this way? Oh yeah... * Liquidity Fairy Alert! It just keeps going up... Bank Term Funding Program usage above $100B for the 12th consecutive week ($107.386B vs $107.242B 8/17). An
dismal-jellyfish ๐Ÿ“š Due Diligence
Hester Peirce on the SEC's new rules for Private funds activity that is contrary to the public interest: "The rulemaking is ahistorical, unjustified, unlawful, impractical, confusing, and harmful. Accordingly, I cannot support it."

Hester Peirce on the SEC's new rules for Private funds activity that is contrary to the public interest: "The rulemaking is ahistorical, unjustified, unlawful, impractical, confusing, and harmful. Accordingly, I cannot support it."

Thank you, Chair Gensler. The rulemaking is ahistorical, unjustified, unlawful, impractical, confusing, and harmful. Accordingly, I cannot support it. I. Ahistorical Until last month, a giant white oak tree stood near where I live in suburban Maryland. Known as the Linden Oak, this 300-year-old tree had witnessed a lot of
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