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US SEC charges Future FinTech CEO with fraud, disclosure failures

WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission on Thursday charged the CEO of Future FinTech Group with fraud and disclosure failures for allegedly manipulatively trading in the financial services firm's stock prior to becoming its chief. The regulator said in a statement that Future FinTech's Shanchun Huang used an offshore account to trade shares shortly before he becoming CEO in 2020. The SEC also said it charged Huang with failing to disclose his beneficial own...
New York United States Kanishka Singh Fintech Shanchun Huang Chris Prentice Deepa Babington
Source: yahoo.com

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Rakuten Card surpasses 30 million cards issued

Rakuten Card Co Ltd on Monday announced that the total number of cards issued to Rakuten cardholders has surpassed 30 million as of December. This watershed moment marks the achievement of the first of the company’s three “Triple Three” mid-term targets, Rakuten said&#...
Rakuten Card Co Ltd On Rakuten Group Fintech Group Rakuten Card Co Ltd Rakuten Card Rakuten Ecosystem

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