Page 5 - Dan Berkovitz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p><span>Today, the Commission is considering whether to re-propose rules to prohibit a range of market participants that sell or sponsor asset-backed securities (ABS) from taking positions against those very products. I am pleased to support this re-proposed rule as it fulfills Congress&rsquo;s mandate to address conflicts of interests in the securitization market, which contributed to the 2008 financial crisis.</span></p>

<p><span>Thank you, Chair Gensler. Before I discuss today&rsquo;s proposal, I want to recognize Renee Jones for her leadership of the Division of Corporation Finance since June 2021 and wish her the best in her return to academia. Congratulations to Erik Gerding as he prepares to step into his new role as Renee&rsquo;s successor. I also want to recognize Dan Berkovitz for serving as general counsel to the Commission, as well as a lifetime of public service, including as a Congressional staffer and at the Commodity Futures Trading Commission, both as general counsel and a co...

Several emails have been leaked that show SBF's tie-ups with CFTC and SEC officials which could have helped him fly under the radar.

The Department of Justice is said to be looking into the alleged hack of FTX last month, when a hacker supposedly made off with more than $370million.

The weekly recap of new hires, promotions and job changes in capital markets trading and technology.