Reporter at Bloomberg @Business covering SEC, CFTC & Wall Street’s regulators | DM for Signal or LBeyoud2@bloomberg.net | RT≠👍 I'm @ElleBeyoud on BlueSky
CFTC analysts flagged unusually well-timed trading ahead of a March 23 Truth Social post in which President Donald Trump postponed planned US strikes on Iranian energy facilities. Charles Gorrivan reports bloom.bg/4jRyAfd
SCOOP: The CFTC is under a federal probe for its low staffing & fraud enforcement, per a letter obtained by @NPR. In 2025, the prediction market / crypto regulator saw a 20% drop in staffing and 80% fall in enforcement action.
@ewarren requested the GAO investigation. ⬇️
The CFTC's proposed rule for regulated crypto exchanges that offer leveraged transactions *and* spot transactions could allow them to get out of state-by-state licensing rules, so long as they offer the leveraged trades & register as a CAM.
More: bloomberg.com/news/articles/…
ICYMI: OKX & NYSE jointly filed (on Sunday, no less) to be one of the first platforms to launch tokenized stock trading after the SEC's recent innovation exemption framework, @pattersonscott reports.
Tokens planned for Nvidia, Coca-Cola, Apple & McD's
bloomberg.com/news/articles/…
Two days later, James McRitchie, a prominent shareholder activist, asked the SEC to do a full rulemaking (w/ public comment) on its quorum requirement change.
sec.gov/files/rules/petition…
With Hester Peirce leaving the SEC, the agency just issued a new *final* rule saying that a quorum there can be just one or two commissioners. --exactly how many they'll have after Friday, particularly if this WH never nominates anyone else.
sec.gov/files/rules/final/20…
Winklevii-backed super PAC spent $2.9 million in a single day on election ads against fmr Dem Senate Banking chair Sherrod Brown, @birnbaum_e reports. The anti-crypto Brown holds a slight lead in his effort to regain his Ohio senate seat.
bloomberg.com/news/articles/…
back to @business ⭐️ i'll be in NYC all next week for the Predict conference. if you're in prediction markets/crypto & wanna meet in the city, my DMs are open!
With Hester Peirce leaving the SEC, the agency just issued a new *final* rule saying that a quorum there can be just one or two commissioners. --exactly how many they'll have after Friday, particularly if this WH never nominates anyone else.
sec.gov/files/rules/final/20…
BOLO forthcoming CFTC prediction market rules.
One that excludes casino-style games from swap definitions would go into effect immediately, even while they take comment on it. The other would specify that event contracts fall under swap definition.
bloomberg.com/news/articles/…
BOLO forthcoming CFTC prediction market rules.
One that excludes casino-style games from swap definitions would go into effect immediately, even while they take comment on it. The other would specify that event contracts fall under swap definition.
bloomberg.com/news/articles/…
Another would overhaul interval fund liquidity and redemption structure, a type of mutual fund structure proponents love but never got a lot of uptake.
A third would let more people gain accredited investor status through CFA, CPA etc certifications.
The SEC just put out a series of measures to break down the barriers between private markets and retail investors.
One item would let investment managers charge up to 20% performance fees on funds that could include alt assets... bloomberg.com/news/articles/…
The SEC just put out a series of measures to break down the barriers between private markets and retail investors.
One item would let investment managers charge up to 20% performance fees on funds that could include alt assets... bloomberg.com/news/articles/…
Scoop from @amacker & @kjspeaks truth:
The FDIC just learned about Polymarket's contracts on potential bank failures and...isn't best pleased. On @theterminal now.
Scoop from @amacker & @kjspeaks truth:
The FDIC just learned about Polymarket's contracts on potential bank failures and...isn't best pleased. On @theterminal now.
The Trump administration is considering an initiative to promote the use of dollar-denominated stablecoins overseas, according to sources, in a bid to reinforce the greenback’s status as the world’s reserve asset
w/ @ElleBeyoud and @SalehaMohsinbloomberg.com/news/articles/…