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US judge says Musk can seek review of order in SEC subpoena matter

NEW YORK (Reuters) -Elon Musk can ask a U.S. District Court to review a magistrate judge's order that he must testify in the Securities and Exchange Commission's investigation of his $44 billion takeover of Twitter, according to a court notice filed on Friday. Lawyers for Musk on Thursday had said in a court filing they planned to seek review of U.S. Magistrate Judge Laurel Beeler's order to compel Musk's testimony. The order formalized her tentative ruling from December in...
Kanishka Singh Laurel Beeler Leslie Adler Chris Prentice Rosalba Obrien Elon Musk
Source: yahoo.com

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US judge says Musk can seek review of order in SEC subpoena matter

NEW YORK (Reuters) -Elon Musk can ask a U.S. District Court to review a magistrate judge's order that he must testify in the Securities and Exchange Commission's investigation of his $44 billion takeover of Twitter, according to a court notice filed on Friday. Lawyers for Musk on Thursday had said in a court filing they planned to seek review of U.S. Magistrate Judge Laurel Beeler's order to compel Musk's testimony. The order formalized her tentative ruling from December in...
Chris Prentice Elon Musk Leslie Adler Rosalba Obrien Laurel Beeler Exchange Commission
Source: yahoo.com

Regulatory nod for US spot bitcoin ETF options may take months- sources

Options on new U.S. spot bitcoin exchange-traded funds (ETFs) could take months to gain regulatory approval, potentially dampening the appeal of the underlying products, multiple industry sources said. The Securities and Exchange Commission (SEC) last month approved spot bitcoin ETFs, in a watershed for the crypto industry. The SEC oversees technical rule changes that exchanges must make to list options, and typically approves them days after an ETF starts trading.
United States New York Chris Prentice Suzanne Mcgee John Roglieri Yesha Yadav
Source: yahoo.com

Analysis-US bitcoin ETFs raise questions over broader financial system risks

The launch of U.S. exchange-traded funds (ETFs) tracking bitcoin deepens ties between the volatile world of cryptocurrencies and the traditional financial system, potentially creating unforeseen new risks, some experts say. The Securities and Exchange Commission (SEC) this month approved 11 spot bitcoin ETFs from issuers including BlackRock and Invesco/Galaxy Digital, in a watershed moment for a crypto industry dogged by bankruptcies and crime. The SEC had long rejected the products citing inv...
United States Caroline Crenshaw Lapo Guadagnuolo Chris Prentice Saqib Ahmed Gary Gensler
Source: yahoo.com

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