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Fintech trade group taps chief executive


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Financial Technology Association has tapped
Penny Lee to become the newly formed lobbying group’s first chief executive. Lee most recently led the public affairs practice group at
Invariant, and before that worked for the tech incubator ....

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Yellen to Meet Financial Regulators Thursday on Market Tumult


Yellen to Meet Financial Regulators Thursday on Market Tumult
Bloomberg
2/4/2021
Saleha Mohsin and Christopher Condon
(Bloomberg) Treasury Secretary Janet Yellen will meet with U.S. financial regulators on Thursday to discuss recent volatility in financial markets, making her first public effort to address the tumult involving GameStop Corp. shares and broker-dealer Robinhood Markets Inc.
Yellen will convene with the heads of the Securities and Exchange Commission, the Federal Reserve Board, the Federal Reserve Bank of New York and the Commodity Futures Trading Commission, the Treasury Department said in a statement late Wednesday.
The Biden administration and regulators have faced pressure in recent days to respond to the market frenzy. SEC investigators are combing social media and message board posts for signs that fraud played a role in dizzying stock swings, according to people familiar with the matter. ....

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Yellen to meet financial regulators on market tumult


MONEYWEB
app instead?
Making her first public effort to address the tumult involving GameStop shares and broker-dealer Robinhood.
By Saleha Mohsin and Christopher Condon, Bloomberg
4 Feb 2021 
08:52 
Image: Shawn Thew/EPA/Bloomberg
Treasury Secretary Janet Yellen will meet with US financial regulators on Thursday to discuss recent volatility in financial markets, making her first public effort to address the tumult involving GameStop Corp. shares and broker-dealer Robinhood Markets Inc.
Yellen will convene with the heads of the Securities and Exchange Commission, the Federal Reserve Board, the Federal Reserve Bank of New York and the Commodity Futures Trading Commission, the Treasury Department said in a statement late Wednesday. ....

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