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more now from new york with samira hussain. in these latest charges, the sec said coinbase acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded companyit disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time, we have had over 30 engagements with the sec to try to work towards a sensible framework for regulation that would allow, for example, the registration of platforms as either broker dealers or atss, or a national ....
more from new york now. in more from new york now. in these latest charges, the sec said coin base acted as a broker, exchange and clearing agency for investments that are subject to sec rules but they did so without properly registering, and that, the regulator said, allowed the firm to escape oversight, including guards against conflicts of interest. the charges against coinbase were not a surprise. as a publicly traded company are disclosed in march of this year that the sec had notified it that these charges may be coming. in response, coinbase said the rules were not clear. testifying on capitol hill tuesday the chief legal officer for coinbase said it try to get new rules in place for crypto platforms like theirs, but got no response from the sec. since that time. no response from the sec. since that time. we no response from the sec. since that time, we have no response from the sec. since that time, we have had - no response from the sec. since that time, ....
Decline as strength and the Services Industry adds to the higher for longer rates narrative. Bets on a november fed hike rising to 60 . Apple citing the most and a month saying some Chinese Government agencies are banning the use of iphones. Japans trouble outlook from the ana ceo who says demand from china is soaring. A quick check on wall street, not the best of openings to a month ever. Three down sessions, it looks like as futures open we might be pointed to a fourthdown session. The s p 500 down. 7 , big tech leading the time for the most part. Apple with their drop after we had sourced the idea that china would be banning iphones from the workplace. We had treasuries falling as well. That was to do with the Services Data which was really strong, except for prices paid being strong. That adds to inflation. Per ....
Behind one of britians first healthy supermarkets. And with Brexit Theresa may heading to brussels next week to try and break the brexit deadlock well have a special report from the irish border on one of the key sticking points. Wed love to hear your views on the stories we cover today. Get in touch by twitter just use the hashtag bbcbizlive. The price of oil matters. Thats because it drives so much of the World Economy whether its used for transport people and goods or heating our homes and workplaces. And its why the focus is on vienna today because thats where the oil wm that deal is due to expire at the end of march. But there are signs of a split. Russia is happy with oil at 40 a barrel some of its oil bosses have been questioning why cuts should continue now prices have recovered. But the saudis need much higher prices to balance their economy they want oil at 60. Meanw ....
Percent. A lot of opposite coming through from the tech players today. We saw a verye, strong rally coming through, that earnings from samsung. Lookingas asics 200 good. Space. In the copper the commendary from the fed did weigh on the dollar, still low. Ng a 14month youre seeing a pretty good upside. The yen weakening a little bit session, butian having an impact in terms of what were seeing in japanese equities. Another record high in hong rising by 18 . Doing well. Nintendo, of course, on the back of those strong numbers that we thecoming through after bell yesterday. That First Quarter operating profit was certainly a base. Having a look at the downside, though, toshiba off by 5. 4 , headlinesfrom the there. Weakness coming through from a number of the Smaller Banks in australia as well. Wakeup. A quick look at this chart. Michael g. Wilson, one of the analysts who writes f ....