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...speaking to the Serious Fraud Office about the issue in the coming weeks, after the new SFO director Nick Ephgrave said this month he would like to pay whistleblowers for information, a common practice in the US...
...The migration to Europe comes as Ark has lost market share in the $8.9tn US ETF market over the past 12 months....
...a $1bn investment by Hellman & Friedman in Baker Tilly US, another top 10 firm....
...Rathi cited the FCA’s 2022 decision to issue a warning about the crypto firm FTX, whose founder was sentenced to 25 years in a US prison in March, before any enforcement action had been considered....
...The FCA said the move would give fund managers “greater freedom in how they pay for research, supporting their investment decisions”, and bring the UK more in line with EU and US rules on paying for investment...
...The US group has moved information that its quantitative researchers use for all markets, including stocks, derivatives, bonds and currencies....
...The FT reported in July that the FCA had shelved investigations into NMC’s former chief executive Prasanth Manghat and company founder BR Shetty. Neither name appears in the FCA’s 21-page report....
...Stock exchanges have become something of a laggard in a world where other big markets, including US Treasuries, major currencies and leading stock index futures, can be traded around the clock from Monday...
...“It will help us turbocharge the Android and Chrome ecosystems, bring the best innovations to partners faster . . . and internally, it will also speed up decision making.”...
Decision hurts David Handler’s chances of securing potentially millions of dollars in equity he sought from the elite M&A boutique
...If not for the US intervention, he added, there was no guarantee Nvayo would have registered on the FCA’s radar. The FCA imposed severe restrictions on Nvayo in August after Scanlon’s arrest....
...“The prolific growth of the data that’s becoming available to us is literally making us better-informed investors.”...
...Founded in 2000, Jane Street has grown into an increasingly powerful trading firm and market maker for the $8.9tn US exchange traded fund industry....
...The US bank ultimately decided to stay in its current premises in Canary Wharf. Morgan Stanley declined to comment....
...Britain in the slow lane The FCA’s latest move has caused some in the industry to hope the barriers to crypto investing will be lowered in the UK; though the US and other jurisdictions are moving at a much...
...Naked short sales have been banned in the US since 2005. G1 declined to comment. Virtu and Jane Street did not immediately respond to requests for comment....
...Nonetheless, the end of the FCA’s blanket ban on crypto ETPs brings it a fraction more in line with continental Europe, Australia, Brazil, Canada and the US, which already boast crypto ETPs....
Ordinary shareholders could feel like faceless extras in the entertainment group’s go-private sale
...A new front has opened up in US trustbusters’ fight against mergers: workers’ rights....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...The trades were placed via accounts held with Halifax Share Dealing, Hargreaves Lansdown and IG, and included shares in the US-listed consumer goods group Snyder’s-Lance and broadcaster HSN....
...Neil Swift, partner at law firm Peters & Peters, said the FCA would be “delighted” to have secured a conviction “after a period of relative inactivity in terms of criminal enforcement”....
...In his ruling, Castel said that Apollo’s accounting department “deserve[d] significant blame” for the harm done to fund investors but still ruled that Rashid had violated US securities law on investment...
...In 2021 the FCA banned crypto-related derivatives, which included exchange traded products, owing to concerns over the amount of leverage, or borrowing, available to consumers....
...But earlier this month, the US Second Circuit Court of Appeals bought Rashid’s theory and reversed the lower court judgment....
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