HEDGE

US Supreme Court signals it could limit SEC in-house enforcement

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US Supreme Court signals it could limit SEC in-house enforcement

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights WASHINGTON, Nov 29 (Reuters) – Conservative U.S. Supreme Court justices on Wednesday signaled skepticism toward the legality of certain proceedings that the Securities and Exchange Commission conducts … Read more

Big investors say US markets rally could prove short-lived

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Big investors say US markets rally could prove short-lived

NEW YORK, Nov 22 (Reuters) – The recent rally that has lifted U.S. stocks and bonds is more of a year-end rebound than a turning point, according to big money managers, who see fiscal and monetary policies, next year’s presidential election and recession fears as likely to start weighing on markets. Since late October, the … Read more

US Treasuries basis trades seen as less profitable as funding costs rise

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US Treasuries basis trades seen as less profitable as funding costs rise

The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights NEW YORK, Nov 3 (Reuters) – A hedge fund arbitrage trading strategy that likely exacerbated a crash in the world’s biggest bond … Read more

Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

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Sam Bankman-Fried convicted of multi-billion dollar FTX fraud

NEW YORK, Nov 2 (Reuters) – FTX founder Sam Bankman-Fried was found guilty on Thursday of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31-year-old former billionaire’s fall from grace. A 12-member jury in Manhattan federal court convicted Bankman-Fried on all … Read more

ECB seals euro’s fate; parity back in play?

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ECB seals euro’s fate; parity back in play?

Packs of 20-euro notes are seen at the Bank of Portugal fortified complex in Carregado, Alenquer, Portugal, May 17, 2022. Picture taken May 17, 2022. REUTERS/Pedro Nunes/File Photo Acquire Licensing Rights ORLANDO, Florida, Sept 14 (Reuters) – The euro was already poised to weaken further before the European Central Bank’s latest rate decision, but in … Read more