SEC Charges Former New Jersey Corrections Officer with Crypto Fraud Scheme Targeting Law Enforcement Personnel
The Securities and Exchange Commission today charged former New Jersey State Correctional Police Officer John A. DeSalvo with fraudulently raising funds through the unregistered offering of the Blazar Token, a crypto asset security he created but that…Read More
AI Automation: Creating an Equal Playing Field in the Financial Industry
In 2023, you’ll be hard-pressed to find an organisation that hasn’t considered using artificial intelligence (AI) at some point in its life cycle. This is no surprise as automation gives firms a competitive edge – but given AI’s accessibility, if everyone has a competitive edge, does that mean we’re on an equal playing field? Large […]
Tale Of Two Healthcare Tech Firms: One Seeks Public Debut Another Looks For Buyer
NextGen Healthcare Inc (NASDAQ: NXGN), a provider of software solutions to manage patients’ records, is reportedly exploring various strategic options, including the possibility of a company sale. With a market value of $1.1 billion, NextGen Healthcare is known for its lack of a traditional headquarters due to its remote work culture. It has hired investment bank Morgan […]
SEC Enhances the Regulation of Private Fund Advisers
The Securities and Exchange Commission today adopted new rules and rule amendments to enhance the regulation of private fund advisers and update the existing compliance rule that applies to all investment advisers. The new rules and amendments are…Read More
SEC Reopens Comment Period for Enhanced Safeguarding Rule for Registered Investment Advisers Proposal
The Securities and Exchange Commission today reopened the comment period on its proposed rule that would redesignate and amend the current custody rule under the Investment Advisers Act of 1940 to enhance protections of customer assets managed by…Read More
Biden Incentives for Foreign Investment Are Benefiting Factories
Early data suggest laws to increase semiconductor production and renewable energy technology have shifted the makeup of foreign direct investment — but not increased it.Read More
DeSantis’s Debate Mission: Prove He’s the Top Trump Alternative
Allies believe the Florida governor needs to reassure skittish donors and supporters alike that he can square off with Mr. Trump.Read More
Looking Into HubSpot’s Recent Short Interest
HubSpot’s (NYSE:HUBS) short percent of float has fallen 7.55% since its last report. The company recently reported that it has 940 thousand shares sold short, which is 1.96% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.15 days to cover their short positions on average. […]
How Is The Market Feeling About Citigroup?
Citigroup’s (NYSE:C) short percent of float has fallen 33.71% since its last report. The company recently reported that it has 22.29 million shares sold short, which is 1.16% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.22 days to cover their short positions on average. […]
Peering Into SLB’s Recent Short Interest
SLB’s (NYSE:SLB) short percent of float has fallen 8.92% since its last report. The company recently reported that it has 20.25 million shares sold short, which is 1.43% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.9 days to cover their short positions on average. […]
