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Finance & Markets

New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky

Alex Mashinsky, already serving 12 years for fraud, settled New York’s civil case over claims he misled Celsius customers about the failed crypto lender’s safety.

New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky

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SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds

The Securities and Exchange Commission today proposed amendments to the Investment Company Act “cross-trading rule,” which permits transactions in securities between a registered fund and its…

  • SEC proposes expanding cross-trading rule for registered funds.
  • Allows trades benefiting funds and shareholders, reducing costs.
  • Restores ability to cross-trade most fixed-income securities.

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