Page 18 - Chris Prentice News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 which she sided with the SEC.

Elon Musk plans to ask a district court to review a U.S. magistrate judge's order siding with the U.S. Securities and Exchange Commission as it seeks to compel him to testify for its investigation... -February 15, 2024 at 06:21 pm EST - MarketScreener

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.

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 investor protection concerns, but was forced to rethink its position after losing a court challenge bro...

The world's largest crypto exchange Binance and the U.S. Securities and Exchange Commission kicked off their oral arguments before a federal judge in Washington, D.C., on Monday, in a... -January 22, 2024 at 10:18 am EST - MarketScreener