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SEC's Gensler May Face an Unbeatable Foe in Crypto

The Motley Fool

Securities and Exchange Commission, gave a stinging indictment of crypto in congressional testimony this week, proclaiming, "I've been around in finance for 44 years now, I guess, and I've never seen a field that's so rife with misconduct – it's just daunting." Gary Gensler, chairman of the U.S.

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SEC Puts Private Equity and Hedge Funds in its Crosshairs

The Motley Fool

The Securities and Exchange Commission is gearing up to pass sweeping regulations for private equity groups, hedge funds, and real estate investment firms that aim to bring oversight and transparency in line with US stock exchanges. Private funds, not so much.

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SEC's Push to Scrutinize Fund Names Brings Out Industry Dissenters

The Motley Fool

And if Securities and Exchange Commission Chair Gary Gensler had been around to answer, he would've replied, poetically: "80% of a fund's portfolio." The SEC plans a Wednesday vote on whether to strengthen its names rule, which seeks to limit deception among mutual funds and ETFs to protect investors.

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SEC tightens regulation of hedge fund and private equity firms

Private Equity Wire

In a statement the SEC said that the new rules and amendments are "designed to protect private fund investors by increasing transparency, competition, and efficiency in the private funds market". The SEC has given advisers one year to adapt to the new requirements, while those managing less than $1.5bn have been given 18 months.

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Judge Says XRP Is Not Always a Security -- the Price Is Rocketing Higher

The Motley Fool

ET after Ripple scored a big victory in court when a federal judge ruled that XRP is not "necessarily" a security. Securities and Exchange Commission (SEC) sued Ripple several years ago, claiming the company sold XRP tokens without registering them with the SEC, which violated securities laws because XRP is in fact a security.

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Why Coinbase, Cardano, and Solana Are Rising Today

The Motley Fool

Securities and Exchange Commission (SEC) and Ripple Labs, the creator of XRP (CRYPTO: XRP). based crypto exchange Coinbase (NASDAQ: COIN) traded nearly 18% higher as of 2:52 p.m. In late 2020, the SEC sued Ripple for raising $1.3 billion through "an unregistered, ongoing digital asset securities offering."

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AIC Joins Lawsuit Against SEC for Unlawful Private Fund Advisers Rule that Harms Small Businesses, Investors, and the Economy

American Investment Council

Maloney: “The SEC has exceeded its own authority, defied Congressional design for private funds and advisers to those funds, and imposed significant new and unneeded burdens on private capital that fuels thousands of small businesses.” ” WASHINGTON, D.C.