Focus
gary gensler
SEC Chief Warns AI ‘Monoculture’ Could Create ‘Pretty Fragile Financial System’
Gary Gensler believes AI could trigger the next financial crisis.
SEC Boss Says AI-Triggered Financial Crisis ‘Nearly Unavoidable’ Without Regulation
Without regulations in place, the boss of the SEC expects a financial crisis stemming from the widespread use of artificial intelligence in the next decade.
Government Shutdown Would Hurt Market Oversight Amid ‘Skeletal Staff’: SEC’s Gensler
The financial markets would be severely impacted in the event of a U.S. government shutdown, according to SEC Chair Gary Gensler.
SEC Refuses to Confirm If Meme Stock Meta Materials Under Investigation After 2022 Trading Halt
Following a controversial trading halt in December 2022, SEC confirms if Meta Materials is under investigation.
BlackRock’s Push for ESG Faltering Due to Massive Pushback
Blackrock rejects most ESG shareholder proposals for 2023.
US Regulators Slap 11 Wall Street Firms With $549 Million in Fines Over Messaging Probe
The Securities and Exchange Commission disclosed $289 million in fines following a two-year investigation that focused on Wall Street’s retention of electronic communications, saying that they violated rules that mandate companies to maintain and preserve those records.
