Caroline Ellison has apologized for stealing billions in customer deposits at crypto exchange platform FTX to make bets at Alameda Research, the hedge fund she ran. “‘I am truly sorry for what I did.’...
Tag: Securities
Caroline Ellison Apologizes for Misconduct in FTX Collapse
Caroline Ellison, a close associate of FTX founder Sam Bankman-Fried, apologized in court this week as she pleaded guilty to fraud and other offenses, telling a judge that she and others conspired to ...
SEC Filing Against Thor Crypto; Citing it Unregistered Securities
Amidst the chaos of the crypto industry going through multiple reasons, another crypto project came under the financial regulator’s radar. Recently Thor Technologies reported to witness filing of comp...
The Secure Act Will Change Retirement Policy. 6 Big Changes That Will Soon Become Law.
Now that the Senate has passed a sweeping spending bill to fund the federal government into next year and avert a shutdown, advisors are cheering a major overhaul of the rules around retirement saving...
6 Big Changes to Your Retirement That Are Coming
Now that the Senate has passed a sweeping spending bill to fund the federal government into next year and avert a shutdown, advisors are cheering a major overhaul of the rules around retirement saving...
The U.S. Securities and Exchange Commission (SEC) sets its eyes on auditing firms handling cryptocurrency companies
With its intent to counteract cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is beginning to audit firms that work with crypto companies as part of their mission. In recent months, ...
Coinbase plunges 86% in 2022, amid FTX-inspired slump. But one analyst says ‘you have to have a multiyear time frame.’
Hello there and seasons greetings! This is Mark DeCambre, Editor in Chief at MarketWatch. The hottest story in crypto land remains FTX, even as we hurtle toward 2023. It is a fast-evolving situation. ...
Sam Bankman-Fried to be released on $250 million bond after first U.S. hearing
Accused crypto crook Sam Bankman-Fried was released from custody Thursday on a $250 million bond, following the FTX founder’s first appearance in a U.S, court on fraud charges. Bankman-Fried walked ou...
Opinion: If you think a Santa Claus rally is coming to the stock market, this is how to play it
The benchmark S&P 500 Index has finally fallen below the 3900- to 4100-point trading range. The move prompted an immediate reaction down to 3800, the next support level. (To see my suggestion for ...
Billionaire David Tepper Is Betting Against the Stock Market Because of the Fed
Text size David Tepper, co-founder of the hedge fund Appaloosa Management. Andrew Harrer/Bloomberg Appaloosa Management’s David Tepper says he is worried further tightening of monetary policies from g...
US SEC charges Thor founders for selling unregistered securities in 2018
Thor Technologies, Inc., its founder, David Chin, and co-founder Matthew Moravec were charged for conducting unregistered securities offering and selling “Thor Tokens” by the Securities and Exchange C...
20 big oil companies expected to be cash gushers in 2023 despite uncertainty
The energy sector of the S&P 500 has been the year’s best performer, yet oil stocks still appear to be inexpensive when compared with those in other industries. If you are interested in investing ...
Your Retirement Plans Will Change With the $1.7 Trillion Federal Spending Bill
Congress is poised to approve a $1.7 trillion spending bill this week that seeks to avert a government shutdown and boost the savings of Americans by making significant changes to their retirement pla...
Secure 2.0 Act Nears the Finish Line. What to Know About the Retirement Bill.
Legislation that would encourage saving for retirement and increase the age for taking required minimum distributions is nearing passage on Capitol Hill as part of an omnibus spending bill lawmakers a...
SEC Accuses Thor Token Developers For 2018 ICO With Unregistered Securities
The United States Securities and Exchange Commission (SEC) has filed a complaint against Thor Technologies along with its co-founder and CEO David Chin, claiming that Thor’s 2018 initial coin of...
SEC files unregistered securities charges against Thor Token creators for 2018 ICO
The United States Securities and Exchange Commission (SEC) has filed a complaint against Thor Technologies along with its co-founder and CEO David Chin, claiming that Thor’s 2018 initial coin offering...
Visa, Mastercard are ‘great defensive names’ for 2023, but PayPal and Coinbase stocks could be set for a rebound, analysts say
Whether you’re looking to scoop up some beaten-down bargains or trying to play it safe, analysts see potential in the payments sector heading into the new year. With a potential recession on many inve...
Is a 2023 stock-market rebound in store after 2022 selloff? What history says about losing years.
History shows back-to-back losing years for the stocks are rare — but the size of the market’s drop in 2022 with no sign the Federal Reserve is ready to ride to the rescue means investors should bewar...
New research claims the bear market won’t be over until the VIX says so.
According to one prominent investment firm’s analysis of the VIX, the stock market has not yet experienced the capitulation that typically signals the end of the bear market. By capitulation, I’m refe...
‘Read your old Securities Analysis 101 textbook’
Tesla shares continued their monthslong decline on Tuesday, sinking 8.1% as CEO Elon Musk battled with disgruntled shareholders and affirmed that he would remain as head of Twitter in the short term. ...
REIT Preferred is Overlooked and Offers 6% to 8% Yields
Higher rates are attracting more individual investors to the preferred stock market because yields have risen nearly two percentage points this year to a range of 6% to 8%. Most investors focus on ban...
The Crypto Ice Age Is Here. What’s Ahead for Bitcoin.
For crypto investors, the only thing to celebrate about 2022 is that it is almost over. The industry is fighting for its life amid a cascade of scandals, bankruptcies, and fury in Washington over its ...
Tesla’s Elon Musk Has a Finance Lesson For Investors. They Disagree.
There is little time off for investors following Tesla these days. The weekend before Christmas is no exception. In the past couple of days, there have been more tweets about the electric-vehicle make...
Crypto’s Onetime Fans Are Calling It Quits After FTX Collapse
Buying crypto was so much fun when it was going up. Now, many onetime fans are getting out. This year has brought crisis after crisis, raising questions about the industry’s long-term prospects. Two m...
These money and investing tips can help you plan for a new year as 2022 comes to an end
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Why the stock market’s painful...
Opinion: Five easy, but consequential, actions to take before 2023 to boost your finances
Forget about New Year’s resolutions. Keep it simple with these “one and done” steps now. Best of all, they will improve your financial situation for the whole of 2023. Here are five things to do today...
What to expect for the stock market in 2023 after the biggest drop in 14 years
Investors have had a rough 2022 — the worst year since the financial crisis in 2008. There’s been a perfect storm of falling stock and bond prices as the Federal Reserve has raised interest rates to b...