MarketIntegrity

Jump Trading’s Tai Mo Shan Agrees to Pay $123 Million in SEC Settlement

12 hours ago

In a significant development in the financial markets, Tai Mo Shan, a partner at Jump Trading, has reached a settlement agreement with the U.S. Securities and Exchange Commission (SEC) amounting to $123 million. This decision follows allegations that Shan violated securities laws through manipulative trading practices.

SEC Chairman Gary Gensler Pushes for Comprehensive Crypto Regulations Amidst Trump's New Strategy

1 month ago

In an impassioned address, SEC Chairman Gary Gensler has made his final plea to establish stringent regulations surrounding the cryptocurrency sector, emphasizing the necessity for a cohesive framework to protect investors and ensure market integrity. Gensler's comments come at a pivotal moment when the future of digital currencies hangs in the balance, with ongoing volatility and regulatory uncertainty shrouding the industry.

UK Man Hacked Executives' Emails for Illegal Trades, US Alleges

3 months ago

In a surprising twist, law enforcement accused a UK-based resident of hacking into email accounts of various company executives to get inside information and execute illegal trades. By this daring scheme, he is said to have amassed a pretty fortune from these illicit dealings. Charges were brought in by the US Department of Justice against the accused, showing that the threat of cybercrime against the financial world keeps on growing.