Securities and Exchange Commission

Cantor SPAC and Adam Back’s Bitcoin Treasury have agreed to renegotiate their merger terms, abandoning the original July 2025 agreement. The revised structure aims to align with current market conditions, with a postponed shareholder meeting and returned public shares. The original deal aimed to take Bitcoin Standard Treasury public with 30,021 bitcoin, valued over $3 billion, but faces challenges due to a slump in the bitcoin treasury model.

Kraken's parent company Payward seeks a final judgment against former auditor Mazars USA after a $22 million arbitration award. The dispute began when Mazars withdrew from Kraken's 2022 audit, leading to significant financial costs. Kraken is pursuing a European banking license amid broader regulatory challenges, including those under Operation Chokepoint 2.0.

President Trump indicated openness to including Bitcoin in Trump Accounts, a new savings program, and described himself as 'a big fan of crypto.' He emphasized the strategic importance of the U.S. leading in cryptocurrency to counter China and highlighted Bitcoin's growing influence and appeal.

An investor filed a federal class action accusing Citadel Securities and Virtu Americas of manipulating Genius stock through spoofing, a tactic involving fake orders to distort price volatility. Genius, a Singapore-based education tech company, plans to join the lawsuit, citing $250 million in alleged damages from the scheme.

Guo Wengui, also known as Miles Guo, was sentenced to 30 years in prison for fraud and conspiracy after defrauding supporters of $1 billion through his businesses, including GTV. He was convicted on nine counts and faced testimony from investors who claimed financial losses, while his legal team argued his wealth was a statement against the Chinese Communist Party.

Galaxy Research has lowered the CLARITY Act's chances of becoming law in 2026 to 50-50 due to a tight Senate schedule and lack of progress on merging bill texts or scheduling a vote. The act, which aims to establish a regulatory framework for digital assets, passed the Senate Banking Committee but remains stalled on the legislative calendar.

The Securities and Exchange Commission has warned investors against participating in a purported initial public offering by Dangote Petroleum Refinery & Petrochemicals FZE, stating no application for such an offering has been received or approved. The warning aims to prevent investors from being misled by unauthorized public offerings linked to the company.

Congress has scheduled a hearing for the Digital Asset Market Clarity Act (H.R. 3633) on July 17 in New York. The bill aims to establish a regulatory framework by assigning the CFTC authority over Bitcoin spot markets and the SEC over investment contracts. It has gained momentum in Congress with bipartisan support but faces challenges in reconciling Senate and House versions.

Franklin Templeton has filed with the SEC to launch two ETFs that reinvest corporate dividends into bitcoin, allocating 95% to U.S. large-cap equities and 5% to bitcoin. The funds, named Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF, aim to automate bitcoin accumulation through dividend-linked instruments.

OpenAI is preparing for an IPO despite CEO Sam Altman's lack of enthusiasm for leading a public company. The company filed preliminary paperwork with the SEC in December 2025, joining other AI firms like Anthropic in a competitive IPO race. OpenAI recently restructured into a for-profit entity, reducing Microsoft's stake to 27% while securing greater flexibility for partnerships.

US President Donald Trump suspended a Senate hearing on Jay Clayton’s nomination for intelligence chief to ensure Clayton’s current prosecutor role would be filled by a chosen replacement. Clayton, who led the Securities and Exchange Commission during Trump’s first term, is being nominated as director of national intelligence.

President Trump has nominated Jay Clayton, former Securities and Exchange Commission chairman, to be the next director of national intelligence. The nomination was reported by CBS News' Olivia Gazis.

President Trump has nominated Jay Clayton, the top prosecutor in the Southern District of New York, to lead the national intelligence agency. Jay Clayton has also served as chairman of the Securities and Exchange Commission.

President Trump is nominating Jay Clayton, former Securities and Exchange Commission Chairman, for the role of director of national intelligence. The nomination is reported by CBS News congressional correspondent Nikole Killion.

Jay Clayton, a Trump appointee with a legal background, questioned the integrity of California's elections, claiming its laws allowed for election fraud. He has a history of supporting Trump and holds roles including US attorney for Manhattan and former SEC chairman.

President Trump has nominated Jay Clayton, top prosecutor in the Southern District of New York, to lead the national intelligence agency. Clayton has also served as chairman of the Securities and Exchange Commission.

US President Donald Trump is nominating Jay Clayton to be the next director of national intelligence following controversy over his acting selection of Bill Pulte for the role. Clayton previously served as the top federal prosecutor in Manhattan and as chairman of the Securities and Exchange Commission during Trump’s first term.

President Donald Trump nominated Jay Clayton to serve as Director of National Intelligence. Clayton is the former Securities and Exchange Commission chairman and current U.S. attorney for the southern District of New York.

President Donald Trump announced plans to nominate Jay Clayton, the U.S. attorney for the Southern District of New York, as director of national intelligence. The move follows congressional pressure to replace Tulsi Gabbard, who resigned, and comes amid a standoff over Trump’s previous appointment of Bill Pulte as acting director, which Democrats oppose.

President Trump announced the nomination of Jay Clayton, U.S. Attorney for the Southern District of New York, as Director of National Intelligence. The move follows criticism of Bill Pulte's interim appointment, with bipartisan reactions and implications for the Foreign Intelligence Surveillance Act renewal.

President Trump announced he has called off new military strikes on Iran after threatening escalation, following a day of reciprocal attacks between the U.S. and Iran. Trump also nominated Jay Clayton for director of national intelligence, and Secretary of State Marco Rubio signed a sports diplomacy agreement with the UFC for a White House event.

President Donald Trump plans to nominate Jay Clayton, U.S. attorney for the Southern District of New York and former SEC chairman, as director of national intelligence. The nomination follows pressure from Congress to replace Tulsi Gabbard, who resigned, and comes amid a standoff over Trump's earlier choice of Bill Pulte as acting director.

President Donald Trump nominated Jay Clayton, former SEC Chairman and current U.S. Attorney for the Southern District of New York, as the next Director of National Intelligence. The nomination follows acting Director William Pulte taking over after Tulsi Gabbard stepped down.

President Trump announced his nomination of former Securities and Exchange Commission Chair Jay Clayton as director of national intelligence. The decision follows pressure on Trump to reverse course after naming Bill Pulte as acting head of the intelligence community.

OpenAI has confidentially filed paperwork to go public, joining SpaceX and Anthropic in preparing for an initial public offering (IPO). All three companies have submitted filings with the Securities and Exchange Commission (SEC) in recent months.

Elon Musk's SpaceX is set to go public with a $1.77 trillion valuation, potentially making Musk the world's first trillionaire. This move, along with planned IPOs by Anthropic and OpenAI, could reshape the global financial order by introducing three of the largest IPOs in history, driven by AI infrastructure ambitions.

The Supreme Court unanimously ruled that the Securities and Exchange Commission (S.E.C.) can confiscate illegal financial gains from wrongdoers without requiring proof of victim losses. Justice Neil M. Gorsuch authored the decision, which supported the S.E.C.'s authority.

The Supreme Court upheld the Securities and Exchange Commission's broad authority to recoup ill-gotten gains from individuals involved in securities fraud. The decision supports the SEC's power to enforce financial regulations in fraud cases.

The Supreme Court unanimously upheld the SEC's authority to recoup ill-gotten gains from securities fraud cases without requiring proof of individual investor losses. The ruling involved Ongkaruck Sripetch, who engaged in fraudulent penny stock schemes and was ordered to repay over $3 million.

The Supreme Court upheld a broad interpretation of the Securities and Exchange Commission's authority to recover ill-gotten gains from individuals involved in securities fraud. This decision reinforces the SEC's ability to address financial misconduct in fraud cases.

The Trump administration's financial regulators withdrew a Biden-era rule requiring public companies to disclose climate-related risks. The decision, pending litigation, leaves companies facing a fragmented regulatory landscape as California, New York, and the EU advance similar requirements. Experts note the rule was criticized for being overly prescriptive and redundant, though future reinstatement under a Democratic administration remains possible.

The SEC defended its settlement with Elon Musk over delayed disclosure of his stake in Twitter, now known as X, after a judge raised questions about the agreement. The settlement requires Musk to pay $1.5 million.

The White House is reviewing a proposal by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to revisit swaps reporting requirements. The SEC also announced new insider trading rules targeting executives of non-US companies who trade stock in their firms.

Anthropic has filed confidentially with the SEC to go public, indicating plans for a major IPO. The move positions the AI company to compete with other firms entering the stock market.

Anthropic has submitted a confidential filing with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The move indicates the company is preparing for a potential Wall Street debut.

The SEC is proposing to repeal a 2024 rule requiring public companies to report greenhouse gas emissions and climate risks, claiming it exceeds the agency's authority and imposes unjustified costs. Environmental groups argue the move deprives investors of critical climate risk data, while the repeal aligns with broader environmental rollbacks under President Donald Trump's administration. The rule was initially approved on a party-line vote with three Democratic commissioners supporting it and two Republicans opposing.

The Securities and Exchange Commission proposed repealing a rule requiring public companies to report greenhouse gas emissions and climate risk, part of efforts to undo Biden-era climate regulations.

Paul Atkins, the chairman of the Securities and Exchange Commission, moved to eliminate a Biden-era climate rule requiring US firms to report on global warming risks and greenhouse gas emissions. The rule was criticized as growth-strangling red tape.

A retired Idaho couple lost $76,000 to a Bitcoin ATM scam and sued Bitcoin Depot Inc., alleging its ATMs facilitated fraud by processing large cash deposits without intervention. The lawsuit claims Bitcoin Depot charged high fees and provided ineffective warnings, while the company filed for bankruptcy amid financial losses and a $3.6 million Bitcoin theft.

The SEC proposed rescinding its 2024 rule requiring corporate climate change disclosures. The SEC, composed of three Republican commissioners and no Democrats, outlined plans to scrap the rule. The original rule was intended to mandate climate-related information disclosure for publicly traded companies.