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...“I’m really a fan of the FTC on this because [hedge funds] abuse these provisions,” said a quant trader, who asked not to be identified....
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...European equity indices were pulled lower by steep declines for technology stocks and luxury groups as traders reacted to a flurry of first-quarter earnings reports....
...United and American also wrote letters in January 2023 to oppose the rule, saying they already furnished consumers with information on fees....
...“Many Americans, particularly young Americans, are rightfully sceptical,” Warner said. “At the end of the day, they’ve not seen what Congress has seen....
...Handler started his career at Jefferies 34 years ago as a trader, and became chief executive in 2001....
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...The standalone unit, which voluntarily walls off American data, is up and running but has failed to persuade US lawmakers that the app is safe....
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...In written arguments the SFO said “the fact that an American court came to a different determination as to the proper construction of the Libor question as a matter of American law and in a different context...
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