SEC Unveils New Rules as Fed Liquidity Facility Usage Declines
2 months ago
In a recent development, the U.S. Securities and Exchange Commission (SEC) has introduced new regulations aimed at providing a safety net for financial markets amidst a noticeable decrease in the utilization of the Federal Reserve's liquidity facilities. This strategic move by the SEC underscores a proactive approach to ensure market stability as economic conditions evolve.
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Bill Hwang’s Sentencing in Archegos Capital Case Delayed Until November
2 months ago
In a significant legal development, Bill Hwang, the founder of Archegos Capital Management, has had his sentencing postponed to November 2024. This alteration follows his conviction for fraud, which stemmed from the infamous collapse of his family office in March 2021, an event that sent shockwaves through the financial markets.
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