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Former SEC Chief Predicts Inevitable Trading Of Ethereum Spot ETFs In US; Market-Data Provider Draws Parallels With Bitcoin's Post-ETF Success
Tuesday, May 28, 2024 - 3:07am | 518Former SEC Chair Jay Clayton, noted that trading of Ethereum (CRYPTO: ETH) spot ETFs in the U.S. was a foregone conclusion. What Happened: In an interview with CNBC, Clayon dissected the approval process for the investment avenues. “There's the listing approval, which is what...
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Meme Stock Surge 'Bothers' Former SEC Chair As GameStop, AMC Shares Rise Nearly 80% On Tuesday: 'A Lot Closer To Gambling…Certainly Not Investing'
Tuesday, May 14, 2024 - 10:20am | 640Jay Clayton, the former chair of the Securities and Exchange Commission (SEC), has voiced his apprehension regarding the recent surge in GameStop Corp. (NYSE:GME) and AMC Entertainment Holdings Inc. (NYSE:AMC) stock prices. What Happened: Clayton, in an interview with CNBC on Friday, expressed his...
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Tesla CEO Elon Musk Renews Call For Companies To Exit Delaware Before 'They Lock The Doors, As They Just Did With TripAdvisor'
Tuesday, February 13, 2024 - 4:16am | 695Tesla CEO Elon Musk is still smarting from the legal fallout that overturned his massive 2018 compensation plan, and on Monday, he expressed his frustration by urging companies to relocate out of Delaware. What Happened: Reacting to CNBC’s interview with former SEC Chair Jay...
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Former SEC Chair Jay Clayton Says Bitcoin ETF 'Approval Is Inevitable. There's Nothing Left To Decide'
Monday, January 8, 2024 - 11:25pm | 457The former chairman of the Securities and Exchange Commission (SEC), Jay Clayton, has stated that the regulator’s approval of a spot Bitcoin (CRYPTO: BTC) Exchange-Traded Fund (ETF) is essentially guaranteed. What Happened: Clayton said in a CNBC interview that the approval of a spot Bitcoin...
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SEC To Approve Bitcoin ETF Soon, Says Former Chairman
Friday, September 1, 2023 - 2:10pm | 524Former SEC Chairman Jay Clayton believes the U.S. will eventually greenlight a spot Bitcoin ETF. What Happened: In an interview with CNBC on Friday, Clayton stated, “Approval is inevitable.” He highlighted the existing scenario where retail investors can trade a Bitcoin futures...
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Ex-SEC Boss Clayton Says A Bitcoin ETF Could Be Hard To Resist For US Agency
Monday, July 10, 2023 - 5:22pm | 546The previous head of the U.S Securities and Exchange Commission Jay Clayton on Monday stated that approval of a Bitcoin (CRYPTO: BTC) ETF could be a "hard to resist" prospect, acknowledging the significant strides made in the digital asset space. He said that a well-defined...
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Chamber Of Commerce Backs Coinbase — Crypto Revolution Or Regulatory Disaster?
Friday, May 12, 2023 - 12:38pm | 700Raising concerns over the Securities and Exchange Commission's (SEC) handling of the digital asset landscape, the U.S. Chamber of Commerce, a major business interest group, is voicing criticism on behalf of digital asset detractors. The regulatory approach towards entities like Coinbase...
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CBOE Files To List Fidelity's Bitcoin ETF
Tuesday, May 11, 2021 - 1:03pm | 380The Chicago Board Options Exchange (CBOE), traded as Cboe Global Markets Inc (NYSE: CBOE), filed with the United States Securities and Exchange Commission (SEC) to list Fidelity’s Wise Origin Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). What Happened: CBOE filed a form 19b...
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Bitcoin ETF Proposals: The SEC's Long History Of Rejections
Tuesday, March 30, 2021 - 6:21pm | 837The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Last week, Fidelity Investments made headlines by announcing plans to provide financial backing for a new Bitcoin (CRYPTO: BTC) ETF, the...
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New SEC Chair Gary Gensler Could Push For SPAC Regulation
Wednesday, January 20, 2021 - 4:26pm | 383The new SEC Chairman has already mentioned SPACs as part of his approach to regulating investments. What Happened: New SEC Chairman Gary Gensler said his enforcement agenda will include heightened scrutiny of SPACs, fintech and cryptocurrency, according to Fox Business. Experts say Gensler is...
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Gary Gensler Could Be The Next SEC Chair: What Investors Need To Know
Wednesday, January 13, 2021 - 4:36pm | 359A new U.S. presidential administration means a new head of the major financial market regulatory body. What Happened: On Tuesday, Reuters reported that President-elect Joe Biden plans to appoint former Commodity Futures Trading Commission (CFTC) Chair Gary Gensler to replace Jay Clayton as...
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SPAC Stocks Fall After SEC Chairman Pushes For Additional Disclosures
Thursday, September 24, 2020 - 12:18pm | 622Special purpose acquisition companies, or SPACs, have been one of the hottest ways for companies to go public and raise money in 2020. This year has seen $42 billion raised from SPACs, more than the last five years combined. What Happened: SEC Chairman Jay Clayton was interviewed on CNBC...
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SEC Considers Letting Startups Raise More Money Before Registering
Thursday, March 5, 2020 - 3:08am | 342The United States Securities and Exchange Commission on Wednesday proposed to change the regulatory framework to let startups raise more capital without needing to register with the federal agency. Increase Crowdfunding Limited The SEC voted 3-1 to pass the proposal that would increase the limit...
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SEC Chairman Tells Congress He's 'Optimistic' About Blockchain Opportunity
Wednesday, December 11, 2019 - 2:10pm | 499Securities and Exchange Commission Chairman Jay Clayton testified Tuesday before the U.S. Senate Committee on Banking, Housing, and Urban Affairs. SEC Optimistic On Blockchain A lot of the concerns raised by Congress members during the hearing related to the agency’s regulation of...
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SEC Chairman Jay Clayton: Cryptocurrencies Are Not Securities
Wednesday, June 6, 2018 - 2:49pm | 511It’s been a tough year so far for cryptocurrency investors, and much of the pressure on the markets has come from fears of increasing government regulation. U.S. Securities and Exchange Commission Chairman Jay Clayton spoke to CNBC on Wednesday about cryptocurrencies as investments and...