The bitcoin cryptocurrency rollercoaster is roaring ahead as regulators come to grips with instruments based upon it, some trading venues advance instruments as other venues move into limbo, and the price of the virtual currency is under constant scrutiny. The only thing more erratic than bitcoin’s rise and fall and rise was the brinksmanship around… Read More >>
SEC’s Clayton Clarifies Leadership for Enforcement
The SEC reports that Stephanie Avakian, acting director of the division of enforcement, and Steven Peikin, managing partner of Sullivan & Cromwell’s criminal defense and investigations group, have been named co-directors of the division of enforcement, the commission’s largest unit with more than 1,200 employees. Avakian will continue to work out of the SEC’s Washington,… Read More >>
